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Rethinking The Roles Of Data, Accountants In SMB Finance

December 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Those concerns have eased somewhat, however, as FinTech firms assure accountants that technology can operate in harmony with human professionals — and as analysts urge the CPA community to take on a more strategic role with their clients.

Funding News: Xendoo Raises $3.54 Million in Seed+ Round

December 17, 2019

“I think Lil Roberts is a super talented entrepreneur. She is in a space that is interesting to us because we like SaaS software. We like on-demand services and we think attracting services to small and medium businesses, particularly fundamental services like accounting and bookkeeping, is quite interesting and from our research there seems to be a great appetite for growth,” Laskey said.

Florida’s Xendoo Raises $3.5 Million Seed To Help Small Businesses With Accounting

December 17, 2019

What distinguishes Xendoo from QuickBooks, Xero, Wave, and FreshBooks is that these are tools a business owner can use properly or improperly. ScaleFactor, Bench, Botkeeper, inDinero, and Xendoo are addressing similar problems but for distinct markets. For Roberts, the real competition for Xendoo is the 44,000 traditional small accounting firms.

Xendoo Raises $3.5M in Seed Plus Funding

December 17, 2019

Xendoo, a Fort Lauderdale, Fla.-based fintech company offering innovative online accounting and bookkeeping solutions, along with data-driven insights, to small business owners, closed a $3.5M seed plus round of funding. The round was led by Malachi, with participation from Revolution’s Rise of the Rest Seed Fund, DeepWork Capital, Jason Calacanis’ LAUNCH Syndicate and others.

Fort Lauderdale-based Xendoo raises $3.5M

December 17, 2019

Broward startup Xendoo has more than doubled its funding after securing a $3.54 million investment led by Malachi. Washington, D.C.-based Rise of the Rest Seed Fund, Orlando-based DeepWork Capital and angel investor Jason Calacanis’ Launch Syndicate in San Francisco also joined in the seed round.

FinTech: 5 Automation Trends That Are Impacting the Industry Right Now

November 28, 2019

Accounting: Xendoo, Zoho, Quicken online and other systems automate are automating the accounting, bookkeeping, and tax filing functions of businesses. Traditional accounting software, and human bookkeepers and accountants, still have an important role to play in this area, but the accounting business is rapidly changing as well due to technology.

Announcing The Cohort: Finance Forward US 2019

October 14, 2019

Finance Forward US 2019 is part of Finance Forward, a multi-year global coalition led by founding partners MetLife Foundation, PayPal, and Village Capital to support entrepreneurs on four continents who are building tech-enabled solutions to place-based challenges around financial health, economic mobility, and community resilience. According to the US Financial Health Pulse survey, only 28% of people in the United States are considered to be “financially healthy”.

Florida’s Xendoo Raises $3.5 Million Seed To Help Small Businesses With Accounting

September 24, 2019

Next week, on October 3rd, Refresh Miami, with the support of The Knight Foundation, has the pleasure of organizing the Miami Tech Pavilion at TechCrunch Disrupt 2019. As excited as we are to show off Miami’s tech scene to thousands of conference goers, we’re not the star of the show – the startups are! Meet the 6 companies we’re bringing from South Florida to Silicon Valley. 

Meet the Business Journal’s Power Leaders in Technology

September 10, 2019

If a community’s vibrancy can be measured by its innovative spirit, South Florida is thriving. This special report, the inaugural Power Leaders in Technology, showcases leadership from tech-related companies in South Florida. Xendoo CEO, Lil Roberts is one of the 50 local leaders to be featured. 

Bookkeeping is a headache […] Xendoo seeks to provide relief

August 12, 2019

“We’re changing [bookkeeping] from being a horrible, frustrating, difficult experience to an experience for the small business owner that is useful as a tool to build a business,” she said. Roberts is no stranger to bookkeeping for a small business, as she has built and exited several businesses over the years.

Ventures Roundup: 3 questions with Xendoo’s CEO

July 5, 2019

Xendoo, a cloud-based accounting platform for small businesses, is in the midst of a funding round expected to close this month. When Roberts spoke to the Business Journal in late June, she’d drummed up $2.1 million toward its $3.5 million target. If Xendoo hits that goal, its total funding would be $4.8 million.

Steve Case on Rise of the Rest 8 Tour

May 29, 2019

In this episode, host Frank Gruber talks with the AOL founder about what he gleaned from those latest tour stops, as well as Rise of the Rest’s overall mission to be a catalyst for those entrepreneurs and startups that aren’t getting attention from mainstream media and coastal venture capitalists.

MiamiTech Spotlight: Xendoo

May 29, 2019

Lil Roberts owned a number of small businesses in South Florida, from a systems integration business to print manufacturing to a product business. In all of them, “I always felt the pain as a small business owner that you couldn’t get your numbers when you needed them from the accounting industry.” It wasn’t the CPA’s fault, she said, the industry just didn’t adapt to new technology.

Fintech Founder Takes Another Big Win for Women-Run Companies

May 13, 2019

Lil Roberts, Founder and CEO of Xendoo, a South Florida-based tech company, has won Miami’s Rise of the Rest Pitch competition with a prize of $100,000 and a spot in the elite Revolution Fund. As one of 8 finalist out of 540 Florida applicants, Roberts is “thrilled to represent South Florida and women-led tech companies.” 

Broward startup wins $100,000 from Rise of the Rest

May 3, 2019

Lillian Roberts, the serial entrepreneur behind Xendoo, has conquered another high-profile pitch competition — this one led by Steve Case, the former CEO of America Online. She won $100,000 for her accounting services technology startup from the Rise of the Rest Seed Fund, which brought its bus tour to the Sunshine State for the first time this week to hear pitches from local founders.

Xendoo wins Rise of the Rest $100K pitch competition

May 2, 2019

Miami is “poised for takeoff” as a global startup city as long as everyone doubles down and continues making the entrepreneurial ecosystem a priority, said Revolution’s Steve Case on Thursday, as the bright red “Rise of the Rest” bus rolled through town on Thursday.