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Venture Capital News: Announces $15M Series A Round

SAN FRANCISCO, CA, announced today that it has raised a $15 million Series A round of financing., the leading provider for bookkeeping services for startups and other small businesses, announced today that it has raised a $15 million Series A round of financing from Index Ventures and a group of world-class entrepreneurs. Pilot will use the funding to accelerate adoption of its best-in-class bookkeeping service that enables business owners to focus on their business instead of worrying about their finance back office. Pilot previously raised a $3.3 million seed funding round in January 2017. Pilot's total funding to date is $18.3 million.

Alongside the funding announcement, Pilot also announced general availability of its bookkeeping service, which already has more than 150 business customers relying on it for all of their businesses' bookkeeping needs. Pilot's customers range in size from small businesses to international corporations with complex financial accounting needs.

Pilot handles its customers' books from start to finish, pairing each of its customers with a dedicated account manager who is based out of the company's San Francisco office. Pilot is different from traditional bookkeeping firms because Pilot is also a software company that performs its operations using innovative software that the company has built on top of Quickbooks Online. This approach, which Pilot has termed "people and software, each doing what they do best", is what sets Pilot apart from other bookkeeping firms and allows it to be far more reliable, accurate, and efficient than any other bookkeeper today.
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