DebtBook provides a cloud platform that helps finance teams in local government, higher education, and healthcare manage debt, leases, and subscriptions. The product is built for the public sector and simplifies ongoing compliance and financial reporting, including implementation of accounting standards like GASB 87 and GASB 96. Led by CEO and co-founder Tyler Traudt, the company emphasizes efficiency, collaboration, and transparency for public-sector finance teams. DebtBook closed a $12.5M Series A-1 and intends to use the funds to accelerate delivery of its product roadmap. The platform focuses on automating debt, lease, and subscription management to support compliance and reporting workflows.

Total raised

$13M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2023