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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.
Social
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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
Ranked
Employee Count
96 as on Jul 31, 2026
Investment & Acquisitions
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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:lockFilter this list
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
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Autobooks' founders and board of directors

Founder? Claim Profile
The founders of Autobooks is J Aaron Schmid.
Here are the details of Autobooks' key team members:

Autobooks' employee count trend

Autobooks has 96 employees as of Jul 26. Here is Autobooks's employee count trend over the years:
Employee count trend for Autobooks
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
2nd
Logo for Pennylane
Pennylane
2020, Paris (France), Series E
Cloud-based financial management and accounting software platform
$442M
77/100
3rd
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
77/100
4th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
77/100
5th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
6th
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
74/100
7th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
72/100
8th
Logo for Digits
Digits
1995, San Francisco (United States), Acquired
SMS based customer authentication and verification service
$97.5M
69/100
9th
Logo for Denim
Denim
2014, New York City (United States), Acquired
Provider of financial technology solutions for freight businesses
$67.9M
68/100
10th
Logo for Anna
Anna
2017, London (United Kingdom), Acquired
Cloud-based accounting management solutions for businesses
$88.3M
67/100
24th
Logo for Autobooks
Autobooks
2015, Detroit (United States), Series C
Integrated banking platform offering invoicing, payments, accounting for small businesses
$130M
57/100
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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

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Media has covered Autobooks for 1 event in last 1 year, It was about partnerships.
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FAQs about Autobooks

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