Peakflo
36 Robinson Road, #20-01, City House, Singapore, 068877
Overview
Peakflo offers a CFO-suite that handles accounts receivable, accounts payable, a payments layer and integrations to accounting software and ERP, positioning itself as “Bill.com for Southeast Asia.” The company was founded in 2021 and is led by co-founder and CEO Saurabh Chauhan. Peakflo reports that during its Y Combinator era it reached roughly $13,000 in monthly recurring revenue and has grown to more than 50 customers, adding about 10–15 customers per month. With an expanded sales function and new hires planned, the company aims to reach 100 customers in the near term and $1 million in annual recurring revenue in early 2023. On unit economics, Peakflo says software products yield gross margins around 85%, while its payments business delivers closer to 40%, with software margin advantages driving its prioritization of SaaS revenue.
- Total raised
- $4M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Jul 2022
Industries
- Financial Services
- FinTech
- Information Services
- Information Technology
- SaaS
- Software
Recent funding
Equity
Jul 2022
$4M