InDinero

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InDinero is a company that develops automated bookkeeping software. [2]

Overview

InDinero was founded in 2009 by Jessica Mah, Andy Su, and Andrea Barrica. InDinero has worked with companies including GitHub, Coursera, Boosted, Instacart and others.[4]


Working with InDinero, a company gets a professional accounting team, led by a controller, that acts as an extension of the company. A tax manager teams up with an accountant to proactively incorporate changes to a business into the tax service. InDinero also offers CFO services and online accounting software. Normally a business needs to choose a software platform, find a bookkeeper, and a separate CPA for their taxes, but InDinero provides all of these services in a single hub. [5]


In its first version, InDinero charged its few customers $20 a month for its software. InDinero was in the Summer 2010 batch of Y Combinator After a series of bad hires in 2012, InDinero had spent nearly all of the $1.2 million it had raised from investors. By 2018, it has raised a total of ~$12 million from investors. [6]

Partnerships

In 2018, InDinero partnered with TempCFO to bring outsourced accounting expertise to startups and growth businesses.[7]


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