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FinAdvantage delivers tech-powered outsourced accounting, bookkeeping, and investment operations, providing a comprehensive suite of financial and consulting services. The company employs a consultative operating model, integrating technology, including artificial intelligence, machine learning, and robotic process automation, to streamline financial processes, enhance governance frameworks, and improve operational efficiency for its clientele. Its approach focuses on reimagining traditional services through advanced process management.
The company was founded in 2013 by Hitesh Shah, Amith Shah, Sundeep Mittal, and Gopal Sharma, all veterans from Big Four accounting firms. Their collective insight was to move beyond conventional accounting to offer a more value-driven, empowering service for businesses. This vision quickly garnered support from venture capital and private equity clients, who engaged FinAdvantage to assist with M&A activities and provide operational support for their portfolio companies.
FinAdvantage primarily serves CPAs, CFOs, COOs, and the portfolio companies of private equity and venture capital firms seeking to scale their financial operations. The company’s long-term vision is to establish itself as a global leader in financial accounting and operations, continuously innovating service delivery through technology. It aims to be the premier partner for timely, accurate, and insightful service.
Finadvantage has 1 tracked investment across 1 company. The latest tracked deal is $18.0M Series B in WinZO in September 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2020 | WinZO | $18.0M Series B | Makers Fund, Courtside Ventures | Animoca Brands, Foobar.vc, Greylock, Lightspeed Venture Partners, Starbridge Venture Capital, Trajectory Ventures, Virginia Venture Partners, David LAU KEE, JOI ITO, Paavan Nanda, Revant Bhate, Saumya Singh Rathore, Siddharth Patel, Swapna Gupta, IndigoEdge Advisors, Rahul Garg |