Tagged: scalefactor

Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak

Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which… Read More

Intelligent Finance & Automated Accounting Platform ScaleFactor Secures $60 Million Through Series C Funding Round Led By Coatue

ScaleFactor, an intelligent finance and automated accounting platform based in the U.S., announced on Thursday it raised a $60 million Series C funding round, which was led by Coatue. ScaleFactor reported that the latest funding round is on the heels of its Series B in… Read More

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