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Amaka

Amaka is a professional software for accountants, bookkeepers, and business owners with the need to automate their data entry.

Backed by

UpswellUpswell
Jelix VenturesJelix Ventures

Raised 5M EQUITY on January 1, 2022

About

Amaka builds accounting automation software that connects cloud platforms (e.g., Xero) to commerce and POS systems (Shopify, Square, Lightspeed, Vend) to automate bookkeeping data entry for accountants and merchants.

Mission

Amaka is an accounting automation technology startup that helps accountants, bookkeepers and business owners automate data entry by connecting accounting platforms to systems such as Shopify, Lightspeed, Vend, Dash and Square (Block). Its software enables integrations between cloud accounting and commerce/point-of-sale platforms, including enabling Xero integration with Square. The company was founded by Pedram Afshar, Pouyan Afshar and Martin Chee. Amaka reports having over 24,000 merchants on its platform and said it achieved over 20× growth during the pandemic. It plans to double down on its merchant-first strategy to accelerate growth. The company has previously completed two seed rounds and a pre-seed raise.

Quick Facts

Founded

2014

Funding

EQUITY

Industry

Software

Team Size

51-100

Headquarters

Sydney, New South Wales, Australia