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§ Private Profile · Denver, CO, USA
Software provider offering accounting automation software for retail and service SMBs, integrating POS systems with QuickBooks and Xero.
IP Commerce, based in Denver, Colorado, provides accounting automation software designed to seamlessly integrate point-of-sale (POS) systems with established financial platforms such as QuickBooks and Xero. The company's core offering automates the transfer of sales data, significantly simplifying bookkeeping for small to medium-sized retail and service businesses that utilize various POS systems. IP Commerce successfully raised a total of $58.28 million in venture funding, with its last reported capital injection of $2.5 million occurring approximately nine years ago. The organization operated with an employee count typically ranging between 21 and 50 individuals. Founded in 2004, no specific founders are publicly known, and the company's operating status is currently listed as closed. Its business model centers on venture-funded software provider through equity investments, including Series A rounds.
IP Commerce has raised $20.7M across 1 funding round.
IP Commerce has raised $20.7M in total across 1 funding round.
IP Commerce has raised $20.7M in total across 1 funding round.
IP Commerce's investors include Dave Flanagan, Fifth Third Processing Solutions, Iron Gate Capital, Meritage Funds, TTV Capital, Venrock.
IP Commerce has raised $20.7M across 1 funding round. Most recently, it raised $20.7M Other Equity in September 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 8, 2011 | $20.7M Venture Round | Dave Flanagan | Fifth Third Processing Solutions, Iron Gate Capital, Meritage Funds, TTV Capital, Venrock | Announced |