Teal’s cover photo
Teal

Teal

Embedded Software Products

Vancouver, BC 2,417 followers

Teal helps SMB software companies build accounting products for their customers.

About us

Your small business customers need accounting. Teal gives it to them. Teal embeds accounting seamlessly into your SMB platform, increasing stickiness, adding incremental revenue, and fundamentally making your SMB platform the center for their financial decisions. Teal was founded in 2023 by Ian Crosby, formerly Head of Financial Services at Shopify and co-founder/CEO of Bench Accounting, the largest SMB bookkeeping service in America. Teal is backed by venture capital from General Advance, Basis Set Ventures, Torch Capital, and Dash Fund.

Website
https://xmrrwallet.com/cmx.pteal.dev
Industry
Embedded Software Products
Company size
11-50 employees
Headquarters
Vancouver, BC
Type
Privately Held
Founded
2023

Locations

Employees at Teal

Updates

  • View organization page for Teal

    2,417 followers

    Today we're excited to announce that we've been acquired by Mercury!

    View organization page for Mercury

    83,565 followers

    Excited to announce that Mercury has acquired Teal, a seed stage startup that builds accounting products. Accountants are important partners in the Mercury ecosystem. Now, as part of Mercury, Teal’s incredible talent, technology and expertise will strengthen what we’re doing to transform banking* into a lever that helps ambitious companies operate at their best. We’re thrilled to welcome Teal co-founders Ian Crosby, Adam Saint, and team to Mercury. *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.

    • Mercury and Teal logos on a beige background

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Funding

Teal 1 total round

Last Round

Seed

US$ 8.1M

See more info on crunchbase