Loading organizations...

§ Private Profile · Charleston, SC, USA
Automated bookkeeping, financial reporting technology for franchisees, multi-unit operators. Outsourced accounting, benchmarked reporting.
Ceterus is a Plymouth, Michigan-based financial technology company providing automated bookkeeping, accounting services, and financial reporting software for entrepreneurs and multi-unit franchise operators. The organization utilizes a hybrid model that combines proprietary software with human accounting professionals to deliver outsourced bookkeeping, benchmarked performance reporting, and cash-forecasting tools. Operating through a subscription-based revenue model with pricing tied to transaction volume, the platform currently serves thousands of franchisees across the restaurant, fitness, wellness, and service-based industries. By automating day-to-day accounting workflows, the system allows business owners to access real-time insights into their financial performance without managing internal accounting departments. The corporate leadership team driving this integrated approach includes Chief Executive Officer Bill Jones, Chief Operating Officer Chris Rossie, Vice President Kevin Werkman, and Chief Technology Officer Ed Murray. Ceterus was founded in 2009 by Levi Morehouse.
Ceterus has raised $20.2M across 3 funding rounds.
Ceterus has raised $20.2M in total across 3 funding rounds.
Ceterus has raised $20.2M in total across 3 funding rounds.
Ceterus's investors include Wayne Hunter, Alerion Ventures, Grotech Ventures, IDEA Fund Partners, TechOperators, Don Rainey, Idea Fund of La Crosse, Said Mohammadioun.
Ceterus has raised $20.2M across 3 funding rounds. Most recently, it raised $10.0M Series B in April 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 16, 2018 | $10M Series B | Wayne Hunter | Alerion Ventures, Grotech Ventures, IDEA Fund Partners, TechOperators | Announced |
| Jun 14, 2017 | $6M Series A Plus | DON Rainey | Alerion Ventures, Idea Fund OF LA Crosse, Said Mohammadioun | Announced |
| May 20, 2016 | $4.2M Series A | Said Mohammadioun | Alerion Ventures, IDEA Fund Partners | Announced |