How Much Did Finally Raise? Funding & Key Investors

Date August 22, 2025
F

Finally

COMPANY INFO

Finally is a financial services company founded in 2018 by Felix Rodriguez, Glennys Rodriguez, and Edwin Mejia. It has approximately 220 to 233 employees and is headquartered in Miami, Florida. The company offers an AI-powered finance automation platform designed to help small and mid-sized businesses manage bookkeeping, accounting, and financial processes more efficiently. Their mission is to remove the stress of bookkeeping by automating the entire process, making it easier and more efficient for business owners. The official website is https://finally.com.

How Much Did Finally Raise? Funding & Rounds and Investors

Finally is a financial software company founded in 2018 by Felix Rodriguez, Glennys Rodriguez, and Edwin Mejia. Headquartered in Miami, Florida, Finally develops an AI-powered finance automation platform designed to simplify bookkeeping, accounting, and financial workflows for small and mid-sized businesses. Their mission is to eliminate the stress of bookkeeping by fully automating the process, streamlining financial management for business owners. With a team of over 170 employees, Finally is recognized for delivering innovative financial technology solutions to the SMB market.

Finally has demonstrated significant momentum in venture capital, attracting strong investor interest through multiple funding rounds. The company has raised a total of $305 million across six rounds, including both equity and credit financing. Landmark funding milestones include a $200 million Series B round in 2024—comprised of $50 million in equity led by PeakSpan Capital and a $150 million credit facility from Encina Capital Partners. Earlier funding rounds provided capital for product development, market expansion, and operational scale. This sequential fundraising, coupled with participation from reputable investors, reflects a strategic approach to scaling Finally’s AI-driven solutions within the financial automation landscape.

Funding Rounds

Conventional Debt - $150M - Sep 09, 2024

This round provided a substantial credit line from Encina Capital Partners to support Finally's ongoing growth, operational scale, and strategic initiatives in finance automation.

Series B - $50M - Jul 03, 2024

Finally's Series B funding, led by PeakSpan Capital, is earmarked for fueling sales, marketing, global hiring (particularly HR modules), and additional payment support to accelerate the company’s international go-to-market strategy.

Series A - $10M - Feb 06, 2024

This capital injection supported continued product development and organizational growth, positioning Finally to enhance its AI-powered finance solutions and expand its customer base.

Series A - $11M - Mar 21, 2022

Raised for product development and expansion efforts, this round allowed Finally to broaden its technological capabilities and enter new markets.

Conventional Debt - $85M - Mar 21, 2022

This operational financing from Clear Haven Capital Management fortified Finally’s financial position, supporting business continuity and platform scaling.

Seed - $8.7K - Apr 11, 2019

Finally’s initial seed funding from Active Capital enabled the company’s market launch and early-stage product innovation.

Key Investors

Encina Capital Partners

Encina Capital Partners, a leading provider of credit solutions, supplied significant debt financing to Finally, demonstrating confidence in the company's growth trajectory and financial operations.

PeakSpan Capital

PeakSpan Capital is a venture capital firm specializing in growth-stage technology companies. As the lead investor in Finally’s Series A and B rounds, PeakSpan played a pivotal role in scaling Finally’s market expansion and product innovation.

Active Capital

Active Capital focuses on early-stage SaaS businesses, and as an initial seed and Series A investor, Active Capital was instrumental in Finally’s launch and early product development phases.

Clear Haven Capital Management

Clear Haven Capital Management provided $85 million in operational credit, supporting Finally’s financial structure and enabling large-scale platform enhancements.

David Bohnett

David Bohnett is an active angel investor and philanthropist, contributing to Finally’s capital strategy and supporting its vision of automating SMB finances.

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