FinQuery

FinQuery

Easy button for lease accounting, excel in seamlessly transitioning you to the new FASB lease accounting standards. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€145—218m (Dealroom.co estimates Nov 2019.)
Atlanta Georgia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020
Revenues8.8m34.0m42.5m
% growth-289 %25 %
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DateInvestorsAmountRound
-

N/A

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N/A

$40.0m

Series A
*

$25.0m

Growth Equity VC
Total Funding€59.1m

Recent News about FinQuery

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More about FinQueryinfo icon
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LeaseQuery is a financial technology company specializing in lease accounting software that simplifies compliance and financial reporting for businesses of all sizes. The company serves a diverse range of clients, including Fortune 500 companies, private firms, and small to medium-sized enterprises. Operating in the financial technology market, LeaseQuery provides a cloud-based solution that helps organizations manage their lease portfolios, ensuring they adhere to accounting standards such as ASC 842, IFRS 16, and GASB 87.

LeaseQuery's business model revolves around a subscription-based service, where clients pay a recurring fee to access the software. The company generates revenue through these subscriptions, offering various pricing tiers based on the number of leases managed and the complexity of the client's needs. Additional revenue streams include professional services such as implementation support, training, and consulting.

The software is designed to reduce the risk of non-compliance, streamline lease management processes, and provide accurate financial reporting. Key features include automated lease classification, lease modification tracking, and comprehensive reporting tools. LeaseQuery also offers robust customer support and a dedicated team of experts to assist clients in navigating the complexities of lease accounting.

Keywords: lease accounting, compliance software, financial reporting, cloud-based technology, ASC 842, IFRS 16, GASB 87, subscription service, lease management, professional services.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by FinQuery

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Crowe
ACQUISITION by FinQuery May 2022