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May 2, 2023

Gappify Raises $10 Million in Series B

Gappify now has $22 million in funding

Oakland-based Gappify, a leading provider of advanced accounting automation solutions, has secured $10 million in Series B funding from FINTOP Capital, along with Rally Ventures, Stage 2 Capital, SaaS Ventures, and Pasudeco & Co. This new funding will enable Gappify to grow its operations and develop new accounting automation products to better serve the needs of corporate accounting teams.

The funding comes at a time of rapid growth for Gappify and brings its total funding to over $22 million.

"Our business is strongly positioned to fill the void in automation offerings available to accountants, helping them to perform their core duties more effectively. We care deeply about serving our community and are thrilled to have the support of FINTOP Capital and our other investors."

- said Jotham Ty, CEO, and Founder of Gappify

The accounting industry is currently undergoing significant changes, and Gappify is at the forefront of driving innovation in this field.

Jared Winegrad, General Partner at FINTOP Capital, added,

"We’re excited to lead this funding round and support Gappify's innovative vision to transform and evolve the accounting profession. Gappify is mapping the way for the industry’s tectonic shifts, and we’re honored to join its Board of Directors."

With this latest funding, Gappify is well-positioned to continue its growth trajectory and provide even more advanced accounting automation solutions to its clients. The company is committed to filling the gap in automation offerings available to accountants, streamlining their core duties, and enabling them to deliver greater value to their organizations.

Neil Hodgson Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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