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Xendoo's mission is to provide financial peace of mind to small business owners through online bookkeeping, accounting, and tax services.
3% employee growth in 12 months
Xendoo is a fintech company providing online accounting and bookkeeping services to help businesses manage their finances. It is focused on small businesses in US markets such as gyms, hair salons, dry cleaners, and marketing companies.
82% percent that go out of business do so from lack of cash flow, not lack of profitability. Xendoo is setting out to tackle this problem by delivering customers regular financial insights through monthly bookkeeping. Business owners can see their revenue and profitability trends over time, which means any changes that need to be made to cash flows can be implemented quickly.
What distinguishes Xendoo from competitors such as QuickBooks, Xero, Wave, and FreshBooks is that its tools can be used properly or improperly. It currently has customers in 45 US states and 8 countries, which are typically companies with revenue of $500 thousand to $10 million.
Freddie
Company Specialist at Welcome to the Jungle
Jun 2022
$4.2m
EARLY VC
Dec 2019
$3.5m
SEED
Lil Roberts
(CEO)Spent 22 years as the President of Thinkprint. Current Shareholder of Dotclub and Member of Operator Collective.