Webgility provides a back-office software platform, Unify, for small and medium e-commerce sellers to connect stores, marketplaces, inventory, payments, shipping and accounting into a single dashboard. Unify syncs data across integrations and delivers financial reports and analytics to help sellers manage back-office operations. The company is a certified partner of Intuit, QuickBooks, Xero and NetSuite and integrates with 100+ e-commerce platforms including Amazon, eBay, BigCommerce, Shopify and Magento, as well as payment processors such as PayPal, Stripe, Shopify Payments and Square. Webgility was founded in 2007 by Parag Mamnani, who serves as CEO, and is based in San Francisco, CA. The company plans to use its new funding to expand operations and broaden its business reach in the SMB e-commerce market. Webgility provides software that automates accounting for online sellers by intelligently integrating financial data from cloud applications with accounting packages like QuickBooks and Xero. The product suite connects with more than 40 e-commerce platforms (including Amazon, eBay, Bigcommerce, Shopify and Magento) and is supported by a team of e-commerce and accounting experts. The company has been bootstrapped since launching in 2007, is based in San Francisco, employs over 90 people, and serves more than 5,000 customers worldwide. Management plans to use new funding to increase headcount, accelerate product development, and expand into new vertical markets. Webgility emphasizes equity efficiency and chose debt-based growth capital to avoid ownership dilution while funding growth.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2017