ScaleFactor
Austin, Texas, United States
Valuation
$49.3M
2020 Revenue
$16.4M
Customers
29M
Funding
$102.9M
Avg ACV
$1
Team
4
Founded
2014
How ScaleFactor CEO Kurt Rathmann grew to $16.4M revenue and 29M customers in 2020.
ScaleFactor provides accounting and finance software with automated bookkeeping, proactive alerts, and other features. It is a smart accounting and finance software that changes the way modern businesses operate. By automating complex accounting tasks and translating financial information into usable business insights, ScaleFactor is enabling business owners, managers, and entrepreneurs to focus on what they love: running and growing their business. The company was founded in 2014 and is headquartered in Austin, Texas.
Last updated
ScaleFactor Revenue
In 2020, ScaleFactor's revenue reached $16.4M. Since its launch in 2014, ScaleFactor has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2020 | ScaleFactor Hit $16.4m revenue in August 2020 | |
| 2014 | Launched with $0 revenue |
ScaleFactor Valuation, Funding Rounds
ScaleFactor's most recent disclosed valuation is $49.3M.
ScaleFactor has raised $102.9M in total funding across 5 rounds, most recently a $60M Series C round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Series C | $60M | - | - | |
| 2019 | Series B | $30M | - | - | |
| 2018 | Series A | $10M | - | - | |
| 2017 | Seed Round | $2.5M | - | - | |
| 2015 | Angel Round | $370K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
ScaleFactor serves 29M customers.
ScaleFactor Employees & Team Size
ScaleFactor employs approximately 4 people as of 2026, including 2 sales reps that carry a quota. It serves 29M customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 4 employees (September 2023) |
| 2023 | Reached 4 employees (January 2023) |
| 2022 | Reached 4 employees (January 2022) |
| 2021 | Reached 5 employees (August 2021) |
| 2020 | Reached 19 employees (December 2020) |
| 2020 | Reached 100 employees (August 2020) |
| 2020 | Reached 127 employees (June 2020) |
| 2019 | Reached 215 employees (December 2019) |
| 2018 | Reached 82 employees (December 2018) |
Frequently Asked Questions about ScaleFactor
What is ScaleFactor's revenue?
ScaleFactor generates $16.4M in revenue.
Who founded ScaleFactor?
ScaleFactor was founded by Kurt Rathmann.
Who is the CEO of ScaleFactor?
The CEO of ScaleFactor is Kurt Rathmann.
How much funding does ScaleFactor have?
ScaleFactor raised $102.9M.
How many employees does ScaleFactor have?
ScaleFactor has 4 employees.
Where is ScaleFactor headquarters?
ScaleFactor is headquartered in Austin, Texas, United States.
Compare ScaleFactor to the industry
ScaleFactor operates across multiple industries. Browse revenue, funding, and growth data for ScaleFactor in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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