Marcus Richards
As part of our series highlighting innovative US startups, this article focuses on the accounting industry, which has seen an influx of new companies since 2020. These startups are leveraging modern technologies and practices to improve and simplify accounting processes, providing businesses with new, efficient ways to handle their finances. From using AI to automate workflows to creating platforms that streamline bookkeeping, these startups are shaping the future of the industry.
Startups in the accounting industry provide solutions that are practical, time-saving, and often more affordable than traditional methods. Moreover, they offer fresh perspectives and approaches to solving common accounting problems. Based in various cities across the United States, these companies serve a range of clients, from local businesses to global corporations.
Here, we delve into the details of several notable US-based accounting startups founded in 2020 or later, examining their origins, services, and achievements. Find out how these companies are transforming the accounting industry.
Fondo
Location: San Francisco, California, United States
Industry: Accounting, Business Development, Productivity Tools
Founders: David J. Phillips
Description: Fondo aims to foster business growth by alleviating their workload and providing essential data for making crucial business decisions. They also ensure that startups are compliant with state and federal laws. You can connect with Fondo on @tryfondo and LinkedIn.
Trullion
Location: New York, New York, United States
Industry: Accounting, Financial Services, FinTech, Information Technology, Software
Founders: Amir Boldo and Isaac Heller
Description: Trullion automates workflows for accounting and audit teams using AI, ensuring compliance and improving speed and accuracy. Follow Trullion on @Trullion, Facebook and LinkedIn.
High Street Partners
Location: Boston, Massachusetts, United States
Industry: Accounting, Business Development, Consulting, Enterprise Software, Human Resources, Information Technology, Legal, Management Consulting, Productivity Tools, Professional Services
Founders: Larry Harding
Description: HSP streamlines the management and control of international operations, enabling businesses to leverage growth opportunities abroad. The company’s unique approach has served over 300 organizations in over 80 countries. Connect with them on @RadiusWW, Facebook and LinkedIn.
Keeper
Location: Austin, Texas, United States
Industry: Accounting, Software
Founders: Ben Stein and Kenny Song
Description: Keeper provides software to assist bookkeepers in managing their clients’ back offices, fostering efficiency and precision. You can connect with them on LinkedIn
Sudozi
Location: Austin, Texas, United States
Industry: Accounting, Software
Founders: Rose Punkunus
Description: Sudozi is a real-time platform that streamlines budget and vendor management workflow. Headquartered in Austin, Texas, and founded in 2020, Sudozi provides a seamless solution for collaborating on, tracking, managing, and approving budgets. Check them out on @getsudozi and LinkedIn.
Blue Onion Labs
Location: New York, New York, United States
Industry: Accounting, Enterprise Resource Planning (ERP), Enterprise Software, Payments, Software
Founders: Charles M. and Lyndsey Bunting
Description: Blue Onion Labs designs software that enables transaction tracing and order reconciliation, contributing towards efficient financial management. You can follow them on LinkedIn.
TrustServe
Location: Miami, Florida, United States
Industry: Accounting, Finance, Financial Services, Professional Services, Venture Capital
Founders: Aaron Bernstein
Description: TrustServe offers services in administration, accounting, operations, venture capital, investment, and regulatory compliance. Based in Miami, Florida, and established in 2020, they aim to provide comprehensive financial services. Connect with them on LinkedIn.
Milestone Business Solutions
Location: Carmel, Indiana, United States
Industry: Accounting, Consulting, Human Resources, Outsourcing
Founders: Brenna Whitaker, Melissa Stout, Todd Richardson, and Tom Gabbert
Description: Milestone Business Solutions provides professional services aimed at aiding business success. They focus on building true partnerships with clients, aiming to simplify processes and facilitate smarter decision-making. Reach out to them on @milestone317 and LinkedIn.
Onboardible
Location: Milford, Michigan, United States
Industry: Accounting, Software
Founders: Crysta Tyus
Description: Onboardible presents an all-in-one virtual platform for onboarding any tax and accounting client from anywhere in the world. They aim at helping to grow virtual tax and accounting firms with one software solution. Follow them on Facebook.
ReciprociT
Location: Denver, Colorado, United States
Industry: Accounting, Employee Benefits, Employment, Gift, Information Technology, Office Administration, Software
Founders: Stacie Allyn
Description: ReciprociT is a complete digital solution for employers keen on offering donation matching benefits to engage employees. The Denver-based startup was launched in 2020. Connect with them on LinkedIn.
KFN Accounting & Financial Solutions
Location: Chicago, Illinois, United States
Industry: Accounting, Consulting, Financial Services, Professional Services
Founders: Kyle Nader
Description: KFN provides a suite of services that include Strategy, Operations, Finance, and Accounting. The team of business professionals collaborates with business partners to provide solutions to diverse business issues. Check them out on @KyleNaderCPACFO, Facebook, and LinkedIn.
These companies highlight the vibrant spirit of innovation and entrepreneurship that is currently driving the accounting industry in the United States. By leveraging technology and modern management practices, they are pushing boundaries and redefining the way businesses manage their finances. Welcome to the new era of accounting!
