Pilot

Pilot

Bookkeeping, tax, and other financial services to small businesses and startups. Learn more
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DateInvestorsAmountRound
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N/A

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$3.3m

Seed

$15.0m

Series A

$40.0m

Series B

$60.0m

Valuation: $600m

Series C

$40.0m

Valuation: $1.2b

Series C

N/A

-
Total Funding$158m

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Pilot is a financial services startup that focuses on helping other startups and small businesses manage their financial needs. The company offers a range of services including bookkeeping, tax preparation, and CFO (Chief Financial Officer) services. Essentially, Pilot takes care of the financial back office tasks so that business owners can concentrate on growing their companies.

Pilot operates in the financial services market, specifically targeting startups and small businesses. These clients often lack the resources or expertise to handle complex financial tasks internally. By outsourcing these functions to Pilot, they can ensure that their finances are managed professionally and accurately.

The business model of Pilot revolves around providing subscription-based services. Clients pay a recurring fee to access Pilot's team of finance experts who handle their bookkeeping, tax filings, and provide CFO-level financial advice. This model ensures a steady stream of revenue for Pilot while offering clients predictable costs for their financial management needs.

Pilot makes money through these subscription fees, which vary based on the level of service and the size of the client. For example, a small startup might pay a lower fee for basic bookkeeping services, while a larger company might pay more for comprehensive CFO services.

The company has raised significant funding, over $150 million, from notable investors including Sequoia, Index Ventures, Stripe, Bezos Expeditions, and Whale Rock. This financial backing allows Pilot to continually improve its services and expand its market reach.

In summary, Pilot is a specialized financial services provider for startups and small businesses, offering essential services like bookkeeping, tax preparation, and CFO support through a subscription-based model.

Keywords: bookkeeping, tax preparation, CFO services, startups, small businesses, financial management, subscription model, finance experts, outsourced services, investor-backed.

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