Botkeeper

AI bookkeeping for accounting firms

Botkeeper logo
201-500 employees
  • B2B
  • Artificial Intelligence
  • Bookkeeping
  • Machine Learning
  • SaaS
  • Accounting
  • Automation
Leather District, Boston, MA

Company mission

To make accounting professionals exponentially more valuable to their clients through efficiency, precision, innovation, insights, and a transformational experience.

Led by a woman
Top investors

-10% employee growth in 12 months

Our take

Botkeeper is mining a classic modern startup vein: using AI to automate out the grunt work involved in a specific area of industry. In this case, its AI-led software provides bookkeeping support to accounting firms, automating out areas like data entry, classifications, and reconciliations.

Importantly, its human assisted AI; Botkeeper isn’t quite yet at a point where AI can be handed the reins entirely. However, it can substantially improve the accuracy of bookkeeping on top of its time-efficiency - and with the US starting down the barrel of a potentially sharp economic downturn, chances are businesses will be investing more in tracking their spending.

This is motivating VCs to pour money into AI accounting startups, but that rising tide is lifting both Botkeeper and its growing competition. Just recently Pilot announced a healthy funding round, and smaller startups like Dokka, Eleven, and Docyt are all growing into the demand.

Botkeeper’s steadily growing client list and partnerships has allowed it to reduce its price point, and it’s reportedly working on building out new features - with business belts tightening, this could be the competitive edge it needs.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Annual Company Retreat
  • Amazing Team
  • Health Plans
  • Employee Recognition Awards
  • Health & Wellness Programs
  • Happy Hours
  • Paternity/Maternity Programs
  • Coffee & Snacks
  • Unlimited Vacation

Funding (last 2 of 4 rounds)

Nov 2021

$42m

SERIES C

Jun 2020

$25m

SERIES B

Total funding: $89.5m

This company has top investors

Leadership

Angelina DeLago

(VP of Product)

Principally worked in marketing at SmartBooks Corp., Paporize, and Enrico LLC.

Previously the CEO of ThinkLite, then served as MD for SmartBooks Corp. Has also served on the boards of GVNA Healthcare and, currently, Fidelity Bank and OnProcess Technology.

Jobs (2)

Sales & Account Management