Autobooks - About the company
Autobooks is a series C company based in Detroit (United States), founded in 2015 by J Aaron Schmid. It operates as an Integrated banking platform offering invoicing, payments, accounting for small businesses. Autobooks has raised $130M in funding from investors like Draper Triangle, Baird Capital and MissionOG. The company has 2859 active competitors, including 198 funded and 167 that have exited. Its top competitors include companies like Intuit, Pennylane and ContaAzul.
Company Details
Integrated banking platform offering invoicing, payments, accounting for small businesses. It partners with financial institutions to provide small businesses with tools for invoicing, payment acceptance, accounting, and financial management directly within their existing online and mobile banking platforms. The platform enables businesses to send professional invoices, accept online and in-person payments via various methods like cards, links, and QR codes, and manage their finances with bookkeeping and reporting features. It aims to streamline financial operations, improve cash flow, and reduce reliance on third-party apps by integrating these services directly into the banking experience. This SaaS solution offers a seamless, secure, and credible way for small businesses to handle their finances, get paid faster, and grow their business.
- Website
- www.autobooks.co/
- Email ID
- *****@autobooks.co
- Registered Address
- Detroit, Michigan
Key Metrics
Founded Year
2015
Location
Detroit, United States
Stage
Series C
Total Funding
$130M in 5 rounds
Latest Funding Round
Investors
Ranked
24th among 2859 active competitors
Employee Count
96 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Autobooks
Autobooks is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLUEPAY PROCESSING, LLC DBA BILLHIGHWAY CIN: 474469696 , United States, Active | Dec 31, 1999 | - | 79 (As on Dec 31, 2024) | - |
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Autobooks's funding and investors
Autobooks has raised a total funding of $130M over 5 rounds. Its first funding round was on Mar 22, 2017. Its latest funding round was a Series C round on May 05, 2025 for $*****. 1 investor participated in its latest round. Autobooks has 12 institutional investors.
Here is the list of recent funding rounds of Autobooks:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 05, 2025 | 5648239 | Series C | 3937448 | 4994389 | 5581189 | 3577481 |
Jun 21, 2022 | 5242592 | Series C | 8668171 | 6751348 | 6975490 | |
Mar 11, 2021 | 8473047 | Series B | 3939235 | 7638436 |
View details of Autobooks's funding rounds and investors
Autobooks' founders and board of directors
Founder? Claim ProfileThe founders of Autobooks is J Aaron Schmid.
Here are the details of Autobooks' key team members:
- J Aaron Schmid: Co-Founder & COO of Autobooks. Contact Info: 1 email address
View details of Autobooks's Founder profiles and Board Members
Autobooks' employee count trend
Autobooks has 96 employees as of Jul 26. Here is Autobooks's employee count trend over the years:
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Autobooks's Competitors and alternates
Top competitors of Autobooks include Intuit, Pennylane and ContaAzul. Here is the list of Top 10 competitors of Autobooks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
2nd | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
3rd | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
4th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 77/100 | |
5th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
6th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
7th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 72/100 | |
8th | Digits 1995, San Francisco (United States), Acquired | SMS based customer authentication and verification service | $97.5M | 69/100 | |
9th | Denim 2014, New York City (United States), Acquired | Provider of financial technology solutions for freight businesses | $67.9M | 68/100 | |
10th | Anna 2017, London (United Kingdom), Acquired | Cloud-based accounting management solutions for businesses | $88.3M | 67/100 | |
24th | Autobooks 2015, Detroit (United States), Series C | Integrated banking platform offering invoicing, payments, accounting for small businesses | $130M | 57/100 |
Looking for more details on Autobooks's competitors? Click here to see the top ones
Autobooks's Investments and acquisitions
Autobooks has acquired Allied Payment. Autobooks has not made any investments as of now.Reports related to Autobooks
Here is the latest report on Autobooks's sector:
News related to Autobooks
Media has covered Autobooks for 1 event in last 1 year, It was about partnerships.
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Autobooks Purchases Allied Payment Network to Bolster Small Biz OfferingsPYMNTS.com•May 06, 2025•Autobooks, Allied Payment
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Worldpay Rolls Out Tap to Pay on iPhone for Simplifying PaymentsFinance Magnates•May 03, 2024•Fullsteam, Autobooks, Worldpay
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Five Star Bank and Autobooks launch Tap-to-Pay on iPhoneThe Paypers•Aug 23, 2023•Five Star Bank, Autobooks
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NCR delivers robust payments & accounting functionality for SMBs through Autobooks partnershipFintech Finance•Aug 04, 2023•NCR, Autobooks
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Freedom Bank of Virginia partners Autobooks for new digital invoicing solutionFinTech Futures•Nov 29, 2022•Freedom Bank, Autobooks
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