Leapfin builds a financial data management platform that uses APIs to pull data from many back-office systems into a single intelligent repository. The product applies business logic and rules to connect data points and translate them into real-time GAAP financials that finance teams can trust. The company emphasizes financial-data‑specific capabilities and uses a graph database to surface relationships across data that general analytics tools can miss. Leapfin positions itself as a mission-critical tool for CFOs and says it has been resilient through recent economic headwinds. Customers named in the article include Canva, Vimeo, Reddit and Flexport. The company is fully remote with about 50 employees spread across 12 countries as it scales. Leapfin’s core product centralizes revenue and cost-of-revenue tracking and uses robotic process automation to reduce repetitive accounting work. The platform aims to give companies near-real-time visibility into gross profit and other operating metrics that are often compiled only monthly. Leapfin charges enterprise customers at price points described as six-figures annually and reports strong product–market fit, including customer referrals and a tightening sales cycle. The company was founded in 2015 and began commercializing its product in 2018. Lean capital management is part of its strategy: leadership emphasizes profitability and cash-flow visibility and expects to be profitable by the third quarter of next year. Leapfin plans to expand headcount from roughly 20 employees to about 50 by the end of next year.

Total raised

$17M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2022