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Autobooks Raises $25M in Series B Funding
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DETROIT, March 11, 2021 /PRNewswire/ Autobooks, the small business payment and accounting services platform, today announced that they have raised $25 million in Series B financing, led by MissionOG. The round also includes participation from other investors including Renaissance Venture Capital, Detroit Venture Partners and Draper Triangle, along with TD Bank Group. The ability to receive payments online is vital for today s small business, said Rob Metzger, General Partner at MissionOG. As we analyzed the market, we were impressed with Autobooks unique ability to successfully partner with financial institutions. These partnerships help redefine integrated receivables, bringing immediate and significant value to treasury and cash-management services and the small businesses who most need the help.