Truewind

2024 was a wild ride for Truewind. We grew the team, raised our Series A, and met a lot of awesome people. To everyone who’s been part of the journey—customers, partners, investors—thank you for making it all possible. For me, the best part was working with a team that never flinches, no matter how difficult things get. Startups are no joke. They’re messy, unpredictable, and constantly test your limits. But this crew: they show up every single day. They care, they’re relentless, and somehow, they always find a way to make the impossible happen. Every win we’ve had comes back to them, and there’s no group I’d rather be in the trenches with. Here’s to closing out the year strong and seeing how far we can take things in 2025. Let’s do this.

Our engineering team takes on some of the toughest challenges in accounting. In our latest article, we talk about building a strong engineering culture, solving problems, and the values that tie everything together. Most importantly, we share tips for creating software that customers love, and that drives results for their business.   Check it out here: https://lnkd.in/d_FbDHgw

We’ve raised our Series A! 🎉 This $13 million round, co-led by Rho Capital Partners, Inc. and Thomson Reuters Ventures, with support from Pathlight Ventures, brings our total funding to over $17 million. None of this would have happened without our amazing customers, investors, partners, team and the entire Truewind community—thank you so much for believing in us, and for making all of this possible. The funding will help us grow our accountant community, scale our team, and keep building better tools to unlock the power of generative AI.   Excited to keep learning, improving and building the future of accounting together.

Fundraising announcement day ⛵️ (which also means many thank you’s to follow) Truewind has raised $13M in our Series A, co-led by Habib Kairouz at Rho Capital Partners, Inc. and Joseph Dormani at Thomson Reuters Ventures. We’re thrilled to welcome new investors Charley Ma at Pathlight Ventures and Greg Ennis at Peninsula Ventures along with several fantastic angels. Thank you Lucinda Shen at Axios for covering us these past two years and continues breaking our news coverage. We are grateful to our existing investors for their ongoing support, without whom we would not be here today. Logan Allin at Fin Capital, Brad Flora at Y Combinator, Alex Ren at Fellows Fund, Dave Anderson at Beat Ventures, Aneel Ranadive at Soma Capital, Tak Miyata at Scrum Ventures, Mikihiro Yasuda at Hike Ventures, and Jun Li at SV Tech Ventures. And thank you to our customers. The businesses and founders, the accounting firms and accountants, who trust us to deliver new AI solutions to speed up the month-end close and deliver better insights. In partnership with our customers, Truewind has developed a holistic solution that absorbs 47% of the month-end close tasks and accelerates the close. Looking ahead, we will use our Series A funding to expand our accountant community network, scale our world-class multidisciplinary team, and build out our suite of product features. We are energized to invest in our products and team to enable accountants to harness the full potential of generative AI.

The DCPA community is amazing, and we’re thrilled to be part of the action. Swing by Booth 13—right at the entrance to the exhibitor hall—for some Truewind swag. We’d love to discuss AI, our newest features, and how to make your accounting processes faster, simpler and more secure.

"Truewind didn’t just fix our books—they transformed how we understand and manage our business.” – Jimmy Daly, CEO of Superpath Superpath had two common problems. Bookkeeping that was slow, and that didn’t provide enough clarity. In this case study, we talk about teaming up, the solutions Truewind implemented, and the results as well. One of our favorite points that Jimmy mentioned: saving 10+ hours per month, which he now puts into product development and community engagement. Read the full story from Jina K., our Director of Customer Success: https://lnkd.in/d5Wmhd_n

Truewind is hiring a Founding Product Designer! We’re looking for someone who can help us build elegant and delightful user workflows for accountants. If you’re excited about the impact that AI can have on accounting and joining a super supportive team, we’d love to connect. Link’s in the comments, and we can’t wait to meet you!

Last week, we got an awesome shoutout from Sharrin Fuller of Glass Wallet Ventures. Sharrin sold her accounting company for over 2 million dollars, and now coaches others on scaling their operations more efficiently. We were proud to support her recent webinar, which focused on helping business owners get ready for the year ahead. Thank you so much for the kind words during the event, Sharrin, and already looking forward to our next collab!

Last month, we heard Sam Altman talk about AI. It got us thinking even more about how accounting is changing, and where the industry is headed next.                   Prediction for 2025: As the use of AI goes up, the decision-making at many firms will actually get slower. AI is delivering more data and insights than ever, but in some ways, that creates a really big problem. The more information you have, the harder it is to figure out what actually matters and what to act on. The answer? Learning how to cut through the noise. That means training your team to focus on what’s important, blending AI insights with human judgment, and making sure that the tools you use actually help clients. Lots of complexity here, but the companies that get this right are really going to thrive. They’ll be more focused, act faster, and deliver better results. Ultimately, the real value of AI isn’t in how much it gives you—it’s in how well you use it.

We’re proud to support awesome teams like Bunting Labs (YC S22). Thank you for the kind words, Michael Egan – grateful to be part of your journey.