ScaleFactor: SMB Accounting Automation Firm ScaleFactor To Close

Financial services company ScaleFactor is reportedly closing down as the pandemic has taken away demand from its core small- to medium-sized business (SMB) clientele, Forbes reported. The firm had notched $100 million in funding in one year from notable investors, such as Coatue Management and Bessemer Venture Partners. Kurt Rathmann, founder and CEO of the [...]