What is Consero?
Founded in 2006 by Scott Tynes, Bill Klei, and Kiran Jagannath, Consero offers a cloud-based platform designed to help businesses establish and maintain robust finance and accounting functions. The company's core mission is to provide small and mid-market enterprises with a viable alternative to building and managing an in-house finance department, thereby enabling greater financial clarity and operational efficiency to support business growth. Consero is headquartered in Austin, Texas, with additional offices in Boston and Bangalore.
How much funding has Consero raised?
Consero has raised a total of $55M across 2 funding rounds:
Private Equity
$5M
Unspecified
$50M
Private Equity (2015): $5M with participation from Kayne Partners
Unspecified (2018): $50M led by BV Investment Partners
Key Investors in Consero
Kayne Partners
Kayne Partners is an alternative investment management firm with a focus on energy, infrastructure, real estate, credit, and growth equity, likely providing strategic capital for expansion.
BV Investment Partners
BV Investment Partners is a private equity firm specializing in tech-enabled business services, software, and IT services, known for accelerating growth in its portfolio companies.
What's next for Consero?
The recent major strategic investment signals a pivotal phase for Consero, likely indicating a move towards scaling operations, expanding market reach, and potentially enhancing its technology platform. Given the enterprise-level context of its total funding, Consero appears poised for significant growth, aiming to capture a larger share of the outsourced finance and accounting market. Future developments may include strategic partnerships, further product innovation, and expansion into new geographical territories.
See full Consero company page
