Autobooks

Autobooks is a financial technology company that provides online invoicing, payment and accounting software for the business customers of banks and credit unions.

Autobooks is the fully integrated payments & accounting platform for business, delivered through online banking.

Autobooks was founded in 2015 by Aaron Schmid & Steven Robert and is based in Troy, Michigan with an additioal office in Austin, Texas.

Autobooks works with financial institutions to deliver what small businesses need: accounting, invoicing, and payment services integrated directly into current digital banking channels. 

Autobooks offers Autobooks, an intelligent, cloud-based, accounting platform that automatically integrates bank accounts with financial tools that speed the cash flow, reconcile accounts, and accelerate growth.

 

Autobooks licenses its technology to financial institutions, which then make a profit by offering it to their customers.

 

Autobooks is backed by Draper Triangle, Baird Capital, Detroit Venture Partners, CU Solutions Group and InvestMichigan.

 

 

  • Year founded: 2015
  • Funding Info: $17.5M in 3 Funding Rounds (Last Funding Type: Series A)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Detroit
  • State: Michigan
  • Country: United States
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