inDinero an online financial dashboard, has raised $7 million from a number of angel investors and small funds. It announces its re-launch as an all-in-one accounting and tax service for small business. It allows a company to keep a track to business financial health from one central location. It works by connecting all accounts and analyzing the company transactions to give a detailed overview of how is the business performing.
As reported by Virtual Strategy, Co-founders Jessica Mah and Andy Su remain the only official board members as no board seats or observer rights were given out. Notable investors in this round include Kevin Hartz, Bobby Yazdani, Hank Vigil, Fritz Lanman, Coyote Ridge Ventures, SaaS Capital, Streamlined Ventures, among many others.
They plan to use their new fund to increase the manforce of their workplace and double the office locations over the next 18 months. Focusing primarily on customers with 2-100 employees, inDinero is making it easier for small business to grow faster.