What Does Scalefactor Do?

Total employees237
HeadquartersAustin
Founded2014

Scalefactor was a US-based technology company that provided an automated accounting and finance software platform targeted at small and medium-sized businesses (SMBs). Its services aimed to streamline bookkeeping, payroll, bill pay, and financial forecasting by combining software with human expertise. The company raised significant venture capital, nearly $100 million in total, but ceased operations in August 2020 amidst operational challenges and controversy regarding its service delivery.

Where Is Scalefactor's Headquarters?

Scalefactor officeScalefactor officeScalefactor officeScalefactor office
*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the primary center for leadership, software development, product management, sales, marketing, and customer support operations.

Notable Features:

Likely occupied a modern office space in Austin, designed to foster a collaborative and innovative environment for its tech workforce. Specific unique architectural details of their leased space are not widely publicized.

Work Culture:

Reportedly characterized by a fast-paced startup environment, emphasizing innovation, customer acquisition, and rapid growth. Like many tech startups of its era, it likely aimed for an energetic, ambitious, and collaborative atmosphere.

HQ Significance:

The Austin headquarters was crucial for Scalefactor's product development, market strategy execution, and overall business operations, positioning it within a vibrant tech ecosystem and talent pool.

Values Reflected in HQ: The choice of a modern Austin office likely reflected Scalefactor's aspirational values such as innovation, leveraging technology, and maintaining a dynamic, forward-thinking approach aligned with startup culture.

Location:

Scalefactor's primary market focus was on small and medium-sized businesses (SMBs) within the United States. While its cloud-based software platform was technically accessible from anywhere with an internet connection, its direct sales, marketing, and dedicated support operations were concentrated in the USA.

Street Address:

801 Barton Springs Rd

City:

Austin

State/Province:

TX

Country:

USA

Where Else Does Scalefactor Operate Around the World?

Denver, CO, USA

Address: 1621 18th St, Denver, CO 80202

To tap into the growing Denver-area tech talent market and establish a presence in the Mountain West region, facilitating broader customer reach and operational diversification.

Buying Intent Signals for Scalefactor

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Scalefactor? Meet the Executive Team

As of April 2025, Scalefactor' leadership includes:

Kurt Rathmann - Founder & CEO
Francis Sullivan - Chief Technology Officer
Jasel Mehta - Chief Operating Officer
David Loia - Chief Financial Officer

Who's Investing in Scalefactor?

Scalefactor has been backed by several prominent investors over the years, including:

Bessemer Venture Partners
Canaan Partners
Coatue Management
Lightspeed Venture Partners
Greycroft
Next Coast Ventures
Techstars Ventures
Broadhaven Ventures
Firebrand Ventures

What Leadership Changes Has Scalefactor Seen Recently?

Hire0
Exits4

Scalefactor ceased operations in August 2020. Consequently, there have been no executive hires or exits in the literal 'last 12 months' from the current date. The information below reflects the effective departure of its key leadership team coinciding with the company's closure.

Departures

Kurt Rathmann, Departed role with the cessation of Scalefactor's business operations.
Francis Sullivan, Departed role with the cessation of Scalefactor's business operations.
Jasel Mehta, Departed role with the cessation of Scalefactor's business operations.
David Loia, Departed role with the cessation of Scalefactor's business operations.

What Technology (Tech Stack) Is Used byScalefactor?

Discover the tools Scalefactor uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Scalefactor Email Formats and Examples

While Scalefactor is no longer operational and its email domain is inactive, its email formats during its operational period likely followed common corporate patterns seen in technology companies. These are speculative based on typical structures.

Common formats likely included [first].[last]@scalefactor.com (e.g., jane.doe@scalefactor.com) and [first_initial][last]@scalefactor.com (e.g., jdoe@scalefactor.com).

Format

jdoe@scalefactor.com

Example

0%

Success rate

What's the Latest News About Scalefactor?

TechCrunch • August 20, 2019

Scalefactor news: Raises $60 Million Series C for its automated accounting platform

Scalefactor, an Austin-based fintech startup, announced a $60 million Series C funding round led by Coatue Management. Existing investors Bessemer Venture Partners, Canaan, Broadhaven Ventures, and Firebrand Ventures also participated. This round brought Scalefactor's total funding to nearly $100 million, aimed at expanding its automated accounting services for SMBs....more

Austin American-Statesman • August 27, 2020

Scalefactor news: Austin-based ScaleFactor shutting down

Scalefactor, an Austin-based financial software company that had attracted significant venture capital, announced it was ceasing operations. The company, which aimed to automate accounting tasks for small businesses, cited challenging market conditions and the economic impact of the COVID-19 pandemic as contributing factors to its decision to wind down....more

Forbes • July 1, 2020

Scalefactor news: Allegations of misleading practices and operational issues surface

A Forbes investigation detailed allegations that Scalefactor misled investors and customers regarding the capabilities of its AI-powered automation, relying more heavily on manual accounting work than advertised. The report also highlighted internal struggles, layoffs, and scrutiny over founder stock sales preceding the company's eventual shutdown....more

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