Uplinq, a US-based FinTech company that offers AI-powered bookkeeping and tax solutions for small and medium-sized businesses (SMBs), has announced the close of a $10m Series A funding round.
The investment was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and returning backers.
Uplinq specialises in automating financial operations for SMBs, a sector often burdened by inefficient, manual bookkeeping and tax compliance processes. By using artificial intelligence, the platform simplifies tasks such as transaction categorisation, reconciliation, and predictive reporting. This end-to-end automation delivers enhanced accuracy and real-time insights to help business owners make strategic decisions.
The new capital will be used to accelerate product innovation, enhance AI capabilities, and scale customer acquisition. Uplinq also plans to invest in infrastructure improvements and expand its go-to-market, engineering, and customer success teams as it continues to grow.
The platform currently serves nearly 1,000 SMBs across industries including ecommerce, healthcare, logistics, and hospitality. Customers report an 80% reduction in manual data entry and improved accuracy in forecasting and tax compliance. Uplinq experienced 3x growth in 2024 and plans to build on this momentum in 2025.
Headquartered in Phoenix with a hybrid remote workforce across the US, the company is actively hiring to support its expansion. It is positioning itself as a mission-driven team focused on building intelligent financial tools that enable SMBs to thrive.
Next Coast Ventures co-founder and managing partner Thomas Ball said, “Uplinq is transforming the way SMBs approach financial management. Their innovative use of AI to automate bookkeeping and tax processes addresses a critical need in the market. We’re excited to support their journey as they scale and redefine industry standards.”
Uplinq CEO and co-founder Alex Glenn said, “We’re building more than just a platform—we’re creating a new, innovative way for small businesses to manage their finances with the simplicity, accuracy, and insight they deserve.”
Source: https://fintech.global/
