JUSTPAID, AI-POWERED FINANCE COMPANY, LAUNCHES TOOLS FOR SMALL BUSINESSES
Summary
JustPaid specializes in providing SMBs with automated bill payment, contract validation, and real-time AI financial auditing solutions, gaining the support and interest of tech figures and reputable funds. Investors include Rebel Fund (Reddit cofounder Steve Huffman, Cruise co-founder Daniel Kan, Instacart cofounder Max Mullen, among others), Leah Culver (formerly building Twitter spaces), Arash Ferdowsi (former CTO/Dropbox cofounder), Jack Abraham (Founding Partner of Atomic), Mamoon Hamid (partner at Kleiner Perkins), Orange Collective, Decacorn Capital, Lab Capital Advisors and Y Combinator - to name a few.The brands mission is to democratize and simplify the professional lives of company operators with their continuous audit between the contracts and bills to pay, and allow small business operators to receive and track payments, understand their finances with analytics, and identify opportunities, all of which is powered by AI, and they already have thousands in ARR and growing. There are so many software solutions, but I had to piece it all together through Excel, and reading PDF documents," says co-founder Anelya Grant, a second-time founder who built a successful tech-focused accounting firm. "I was spending hours trying to answer a few questions all companies had - whats our revenue, can we afford to hire more people and when will we run out of money? ""When founders have enough tools to understand their finances the companys employees will feel more secure," says co-founder Vinay Pinnaka.