Small Business Payment & Account Service Platform Autobooks Secures $25 Million Through Series B Funding Round Led By MissionOG

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Small Business Payment & Account Service Platform Autobooks Secures $25 Million Through Series B Funding Round Led By MissionOG
March 12, 2021 @ 7:57 am By Samantha Hurst
Autobooks, a U.S.-based small business payment and accounting services platform, announced on Thursday it raised $25 million through its Series B financing round, which was led by MissionOG with participation from Renaissance Venture Capital, Detroit Venture Partners, Draper Triangle, and TD Bank Group.
Founded in 2015, Autobooks notably works with financial institutions to deliver what small businesses need: cash flow management, payment services, and financial reporting integrated directly into current banking channels.
“Autobooks provides a simple, yet automated approach to small business banking. Our solution makes accounting and payments easy to understand, which helps small business in their day-to-day, giving them more time to do what they do best. Autobooks creates opportunities for established business owners, as well as emerging micro, lifestyle and gig economy entrepreneurs.”

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