Every raises $9.5 million
Every, which offers back office services for startups, is coming out of stealth with $9.5 million in seed funding. The round was led by Base10, with participation from Y Combinator, Formus Capital and Cambrian Ventures.
Based in San Francisco, Every provides a range of products and services including bank accounts, corporate cards, bill payments, corporate treasury, HR, payroll, benefits, accounting, and taxes. Founders get a dedicated accountant and payroll specialist for expert guidance, who can provide support filing state taxes, choosing the best healthcare plan and creating a custom treasury management plan that maximizes yield and fund safety.
The startup has attracted 75 customers in six months.
“We are thrilled to lead this seed funding round and are excited how Every is leveraging AI to reimagine the full back office stack to simplify complex workflows so they are more founder friendly. We look forward to partnering with Every as they continue to save founders hundreds of hours managing Finance and HR.” – Rexhi Dollaku, general partner at Base10 Partners.