Funding and Acquisitions Roundup: Bench raises $2M for its personal bookkeeper service for SMBs

Avatar
By Editor July 16, 2013

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

10Sheet, a bookkeeping software platform for SMBs, has rebranded as Bench and re-launched with $2 million in Seed funding. Investors in the New York City-based startup include Quotidian Ventures, Contour Venture Partners, Lerer Ventures and High Peaks Venture Partners. Its differentiator is that in addition to a suite of online services, it assigns a personal bookkeeper to each of its customers. Bench launched out of TechStars NY in 2012.

Vital Stats:

Website: www.bench.co

HQ: New York City

Founders: Jordan Menashy

Year Founded: 2012

Investors: Quotidian Ventures, Contour Venture Partners, Lerer Ventures, High Peaks Venture Partners

Innovation: SMB-focused accounting service that assigns a personal bookkeeper to each of its customers.

Funding: $2 million

(Sources: Bench, TechCrunch)

More funding and acquisitions news…

Context Relevant raises $7M for ‘world’s fastest’ predictive analytics engine (via VentureBeat)

Dopios Secures Seed Cash From Openfund To For Its Getyourguide-Meets-Tripadvisor (via TechCrunch)

Fab Lawsuit Resolved, TouchOfModern Raises $3M Series A And Looks Toward Asia (via TechCrunch)

Kit Check Raises $10.4 million from New Leaf, Sands, Easton and LionBird (via company press release)

TalentBin raises $2M to mash up data on job prospects (via GigaOm)

# # #