inDinero is an accounting software and services company providing accounting and financial software. Founded in 2009 by Jess Mah, Andy Su, and Andrea Barrica, inDinero graduated the

startup incubator Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture ca ...

Y Combinator Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Str ...

in 2010. On May 8, 2018, inDinero acquired San Jose-based firm tempCFO. On February 1, 2019, inDinero acquired a second company, mAccounting, an Indianapolis-based accounting and tax firm.

History

Jessica Mah started the initial development of inDinero at age 19 after meeting her co-founder Andy Su at

UC Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public university, public land-grant university, land-grant research university in Berkeley, California. Established in 1868 as the University of Californi ...

. Upon graduating from

in August 2010, inDinero gained

angel In various theistic religious traditions an angel is a supernatural spiritual being who serves God. Abrahamic religions often depict angels as benevolent celestial intermediaries between God (or Heaven) and humanity. Other roles include ...

attention. In February 2013, inDinero received the largest of a three-fund investment from FundersClub in their initial investment in

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, ...

companies. By 2014, the company had 75 employees. Two years later, in February 2015, inDinero closed its largest funding round, a

Series B A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...

round worth $7 million. Similar competitors include Bench, Botkeeper, and BooksTime. In March 2015, the company opened an office in

Portland, Oregon Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous co ...

Software

inDinero's software combines accounting, tax filing and payroll management for small businesses with up to 100 employees. In addition, accountants and tax specialists manually review customers' financial statements.

References

External links

* {{Official, www.indinero.com Financial services companies established in 2009 2009 establishments in Oregon Privately held companies based in Oregon Information technology companies of the United States Accounting software Financial software companies Financial management Software companies established in 2009