UplinqSecures $10 Million Series A to Revolutionize AI-Powered Bookkeeping and TaxSolutions for SMBs
Phoenix, AZ —May 12, 2025 — Uplinq, a leading provider of AI-drivenbookkeeping and tax solutions for small and medium-sized businesses (SMBs),today announced the closing of a $10 million Series A funding round. The roundwas led by Next Coast Ventures, with participationfrom AZ-VC, Live Oak Ventures, and existinginvestors.
This infusionof capital will accelerate Uplinq's growth, enhance its AI capabilities, scalecustomer acquisition efforts, and strengthen infrastructure to deliverseamless, automated financial management.
A New Erain SMB Financial Automation
Managingfinancial operations remains a significant challenge for SMBs, often hinderedby traditional bookkeeping methods and legacy tax solutions that aretime-consuming and error-prone. Uplinq addresses these challenges by leveragingadvanced artificial intelligence to automate complex bookkeeping and taxworkflows, offering unprecedented accuracy, speed, and scalability.
Uplinq'splatform employs intelligent AI Agents to manage every aspect ofbookkeeping—from transaction categorization and reconciliation to predictiveinsights and tax compliance—streamlining workflows and reducing manualintervention. This cutting-edge automation not only enhances accuracy andoperational efficiency but also empowers SMBs to leverage financial insights inreal-time, driving strategic decision-making and business growth.
One customerstated, "Uplinq turned hours of frustrating bookkeeping tasks into a fewclicks. This is a game-changer for a busy business owner."
Serving theBackbone of the Economy
Uplinqis already supporting nearly 1,000 small and mid-sized businesses across theU.S., spanning industries from ecommerce and healthcare to logistics andhospitality. Customers report up to 80% reductions in manual data entry andsignificant improvements in tax accuracy and financial forecasting. As Uplinqcontinues to expand on its 3x growth in 2024, it remains committed todelivering enterprise-grade intelligence to the businesses and operators whopower the real economy.
Building aWorld-Class Team
AsUplinq enters its next phase of growth, the company is actively expanding itsengineering, go-to-market, and customer success teams. With a hybrid HQ inPhoenix and remote talent across the U.S., Uplinq is assembling amission-driven team passionate about building AI tools that help small businessowners thrive. To explore career opportunities, visit www.uplinq.com/careers.
InvestorConfidence and Strategic Vision
"Uplinqis transforming the way SMBs approach financial management," said ThomasBall, Co-Founder and Managing Partner of Next Coast Ventures. "Theirinnovative use of AI to automate bookkeeping and tax processes addresses acritical need in the market. We're excited to support their journey as theyscale and redefine industry standards."
Brad Kotansky fromAZ-VC added, "Uplinq's commitment to empowering small businesses withadvanced financial tools aligns perfectly with our investment philosophy. Theirtechnology has the potential to make a significant impact on the SMBecosystem."
Alex Glenn, CEO and Co-Founder of Uplinq, concluded, "We’re building morethan just a platform—we’re creating a new, innovative way for small businessesto manage their finances with the simplicity, accuracy, and insight theydeserve."
About Uplinq
Founded in 2020,Uplinq is dedicated to revolutionizing financial management for SMBs throughAI-powered solutions. By automating bookkeeping and tax processes, Uplinqenables business owners to focus on growth and innovation. The company'splatform integrates seamlessly with existing financial systems, providingreal-time insights and ensuring compliance.
