Outright

http://outright.com/

Last activity: 08.01.2014

Probably Closed

Categories: AssistedBusinessDataFinTechITOnlinePlatformServiceSoftware

Outright is a simple online service that dramatically streamlines the work involved with running a small business by helping entrepreneurs pay the right taxes, organize their income and expenses, and keep their businesses on track. We help small businesses thrive in our connected world.

The team, the opportunity to help over 25 million small businesses, and the secret sauce of data as an asset convinced leading investors including Sequoia Capital, First Round Capital, Shasta Ventures, SoftTech VC, and Felicis Ventures to back Outright. Outright was acquired in July 2012 by Go Daddy and it now operates as a Go Daddy Company - the fun and independence of a startup, with the backing of a big company.

Followers

504

Mentions

Overview

Location

United States, California, Mountain View

Employees

11-50

Total raised

$7.5M

Founded date

2008

Funding Rounds 2

Date	Series	Amount	Investors
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Feb 9, 2009	Funding round	$2M

Mentions in press and media 24

Date	Title	Description
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Dec 11, 2012	GoDaddy Doubles Down On Product With A New CEO: Ex-Yahoo Product Chief Blake Irving	GoDaddy, the web-domain registration and hosting company with some 11 million users and some 50 million+ domain registrations under its management, is today announcing a new CEO, Blake Irving. Irving’s most recent, high-profile role prior t...
Aug 8, 2012	The new summer vacation: 8 ways to build your business during downtime	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Some seasonal businesses heat up during the summe...
Aug 8, 2012	The new summer vacation: 8 ways to build your business during downtime	Some seasonal businesses heat up during the summer months, but for most, the peak of summer signals a slow-down in the business calendar. Clients take last minute vacations, review cycles slow to a grinding halt, and new projects are put on...
Jul 20, 2012	LessAccounting Claims They Turned Down Acquisition Offer From “Low Moral Fiber” GoDaddy	I’ve found this story reads best when listening to Hulk Hogan’s intro music. I’ve embedded a video below for your reading pleasure. On Wednesday, I reported that GoDaddy acquired cloud-based financial management application company Outright...
Jul 18, 2012	GoDaddy Acquires Outright, Establishes Mountain View Office	GoDaddy purchased cloud-based financial management application company Outright today for an undisclosed amount. Outright co-founder Ben Curren, CEO Steven Aldrich and their team of 24 will be joining GoDaddy, the world’s largest web hostin...
May 16, 2012	Wave Accounting gets funding to easily keep your company’s books in check	Small business startup Wave Accounting has raised $12 million in its second round of funding, the company announced today. Wave, which offers free accounting software for small companies, feels that managing “the books” is a complicated and...
Apr 5, 2012	5 ways my small business benefits from the cloud	We have talked a lot about cloud computing recently here on the pages of BetaNews. That's not surprising since it is one of the fastest growing segments of the tech industry today. Missing, however: A more personal story on how we're using ...
Mar 28, 2012	As taxes loom, Outright parses point of sale data for small businesses (exclusive)	It’s tax season, and you can almost smell the sweat dripping from nervous small business owners’ noses. Accounting software maker Outright wants to be the sweatband by connecting a data hose to your website’s point of sale product. “We’re g...
Mar 28, 2012	New Government ePayment Regulation Costs Small Business $10 Billion	Editor’s note: Steven Aldrich is CEO of Outright, an online accounting application that serves more than 150,000 small businesses, including many eBay, Amazon, and Etsy merchants. Follow him on Twitter @spaldrich. The small business economy...
Oct 12, 2011	X.commerce Unveiled By eBay	Today X.commerce was officially announced at the annual Innovate Developer Conference in San Francisco, bringing together the technology assets and developer communities of eBay, PayPal, and Magento, as well as a number of technology assets...
Jul 2, 2010	InDinero launches simple finance tools for small businesses	A new Berkeley, Calif., company called InDinero is launching today, promising a simple approach to help small businesses, including startups, understand their finances. Cofounder and chief executive Jessica Mah said she just graduated from ...
Mar 13, 2010	Small Business Web Directory Launches at SXSW	Upon first glance we were skeptical. Generally when someone says they’re launching a business directory it’s an SEO play with little value to users. Nevertheless, the small business web directory is a pleasant surprise. The group is providi...
Dec 17, 2009	Outright Tracking More Than $1 Billion, Launches W-9 Management Service	We’re big fans of Outright, a free and drop-dead simple online bookkeeping service. Today, the startup has revealed that it is tracking over $1 billion self employed and micro-business transactions, which Outright says is a sign that the fr...
Nov 16, 2009	Outright Raises $5 Million More For Simple Online Bookkeeping App	Sequoia Capital has led a second round of funding for Outright, provider of a free and drop-dead simple online bookkeeping service, investing $5 million in the fledgling company together with returning backers First Round Capital, Shasta Ve...
Nov 16, 2009	Startups Continue To Attract Funding, Create Jobs	Let’s kick off the week on a positive note: innovative startups in the U.S. continue to attract capital from investors, and in turn are doing their part to counter the trend of the rising unemployment rate in the country. Evernote, an infor...
Nov 10, 2009	Sponsor Post: 10 Killer Tools for Small-Business Success	Editor’s note: we offer our long-term sponsors the opportunity to write ‘Sponsor Posts’ and tell their story. These posts are clearly marked as written by sponsors, but we also want them to be useful and interesting to our readers. We hope ...
Oct 6, 2009	Xpenser Is The TripIt For Expense Tracking	There’s no easy way of going around the tedious task of tracking your expenses and reimbursements. Especially if you are a freelancer or consultant, you end up investing an inordinate amount of time separating receipts and credit card state...
Sep 29, 2009	Financial Startups Demo Their Dashboards At Finovate	The following guest post is written by Larry Chiang, a co-founder of Duck9 who also regularly blogs for BusinessWeek. Today he is reporting from the Finovate startup conference. At the FinovateStartup conference in New York City today, it i...
Sep 28, 2009	Outright.com Leaves Beta, Adds New Partners To Streamline Small Business Accounting	Running your own small business has plenty of perks: you can set your own hours, work from home, and there’s nary a TPS report in sight. But there are also a number of downsides, not the least of which is the fact that you have to take on r...
Aug 18, 2009	Is Mint Going After Freshbooks? Its New Features Point In That Direction.	Personal finance tracking site Mint.com added a bunch of new budgeting and trending features today. Mint presents consumers with a financial dashboard based on spending and income data from their bank, credit card, and other financial accou...
Feb 20, 2009	FastDue raises $5M for free business tools	FastDue, which offers a range of online office tools and forms for small businesses and freelancers, has raised a $5 million a first round of financing. The company’s services include invoicing, past due collection, expense reports, and leg...
Feb 9, 2009	Outright's Simplified Online Bookkeeping Leaves Stealth Mode With $2 Million In Funding	There’s no shortage of bookkeeping software applications for self-employed people and small businesses on the market today, but that’s not stopping startups and venture capitalists from trying to get a piece of that action with fresh produc...
Feb 9, 2009	Outright raises $2M for dead simple finance software	Outright, a company that offers simple web software to help small businesses manage their finances, has raised $2 million in a first round of venture funding. Chief executive Kevin Reeth gave me a demo last July, back when the company was c...

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FAQ about Outright

When was Outright founded?

Outright was founded in 2008.

How much funding has Outright raised?

Outright has raised $7.5M in total across 2 funding rounds.

What funding rounds has Outright raised?

Parsers VC lists 2 funding rounds of Outright, among them a funding round of $2M on Feb 9, 2009.

What has the press written about Outright?

Parsers VC has collected 24 articles mentioning Outright, among them “GoDaddy Doubles Down On Product With A New CEO: Ex-Yahoo Product Chief Blake Irving” (Dec 11, 2012) and “The new summer vacation: 8 ways to build your business during downtime” (Aug 8, 2012).

Is Outright still active?

Outright is probably closed: its latest activity on Parsers VC dates from Jan 8, 2014.