Uplinq, a leading provider of AI-based bookkeeping and tax solutions for small and medium-sized businesses (SMBs), announced the closing of a $10 million Series A funding round. The funding round was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and existing investors.
SMB Financial Automation: Managing financial operations remains a significant challenge for small to medium-sized businesses (SMBs), often hindered by traditional bookkeeping methods and legacy tax solutions that are time-consuming and prone to errors. And Uplinq addresses these challenges by utilizing advanced artificial intelligence to automate complex bookkeeping and tax workflows, offering unprecedented accuracy, speed, and scalability.
Uplinq’s platform also employs intelligent AI Agents to manage every aspect of bookkeeping from transaction categorization and reconciliation to predictive insights and tax compliance, streamlining workflows and reducing manual intervention. This automation not only enhances accuracy and operational efficiency but also empowers SMBs to leverage financial insights in real-time, driving strategic decision-making and business growth.
Momentum: Uplinq is already supporting nearly 1,000 small and mid-sized businesses across the U.S., spanning industries such as e-commerce, healthcare, logistics, and hospitality. And customers report up to 80% reductions in manual data entry and significant improvements in tax accuracy and financial forecasting. As Uplinq continues to expand on its 3 times growth last year, it remains committed to delivering enterprise-grade intelligence to the businesses and operators who power the real economy.
How the funding will be used: This funding will advance Uplinq’s growth, enhance its AI capabilities, scale customer acquisition efforts, and strengthen infrastructure to deliver seamless, automated financial management.
As Uplinq enters its next growth phase, the company is actively expanding its engineering, go-to-market, and customer success teams. And with a hybrid HQ in Phoenix and remote talent across the U.S., Uplinq is assembling a mission-driven team passionate about building AI tools that help small business owners thrive.
KEY QUOTES:
“Uplinq is transforming the way SMBs approach financial management. Their innovative use of AI to automate bookkeeping and tax processes addresses a critical need in the market. We’re excited to support their journey as they scale and redefine industry standards.”
Thomas Ball, Co-Founder and Managing Partner of Next Coast Ventures
“Uplinq’s commitment to empowering small businesses with advanced financial tools aligns perfectly with our investment philosophy. Their technology has the potential to make a significant impact on the SMB ecosystem.”
Brad Kotansky from AZ-VC
“We’re building more than just a platform—we’re creating a new, innovative way for small businesses to manage their finances with the simplicity, accuracy, and insight they deserve.”
Alex Glenn, CEO and Co-Founder of Uplinq
