South Florida based digital accounting platform Xendoo is making strides in growing their usage statistics and expectations are climbing thanks to a recently launched fractional CFO product with more on the way.
“We provide all the important information these businesses need at their fingertips,” Xendoo CEO Lily Roberts said of the digital accounting platform product, according to Refresh Miami. “We give our customers their time back,”
Xendoo was launched back in 2017 and has seen a marked growth since launch, now boasting just under 1,000 customers, which includes a variety of business owners with average annual revenues of between $1 million and $30 million.
According to their CEO, Xendoo grew its revenue by 35% last year and is targeting 65% growth this year. The platform is currently available in 46 states within the United States and in 13 countries from around the world.
Xendoo raised around $4 million in funding in 2022.
“It’s an incredibly exciting time to be building a tech company,” Roberts said. “The velocity of change in technology is to me at a peak level that we have never seen before.”