Company Research Report: Every, Inc.
Company Overview
- Name: Every, Inc.
- Mission: The mission of Every is to streamline back-office operations for startup founders by offering comprehensive solutions in banking, payroll, HR, accounting, and taxes.
- Founded: No information is available.
- Founders: No information is available.
- Key People:
- Rajeev Behera
- Headquarters: 2261 Market Street #4305, San Francisco, CA 94114
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Every is known for its all-in-one back office solutions for startup founders, providing services spanning company incorporation, banking, payroll, HR, bookkeeping, taxes, and treasury services.
Products and Services
1. Bookkeeping
- Description: Comprehensive bookkeeping services specifically designed for high-growth startups.
- Key Features:
- AI-enriched account categorization.
- Dedicated bookkeeper and controller.
- Accrual basis bookkeeping with monthly financial statements.
2. Banking & Treasury
- Description: Provides easy access to high-yield treasury investments, business banking, and FDIC-insured deposits.
- Key Features:
- Up to $3M FDIC insurance on Thread Bank deposits.
- Treasury investments with up to 4.3% APR.
- Automated liquidity management.
- Corporate cards with up to 2% cashback.
3. Payroll & HR
- Description: Payroll processing and HR services that offer comprehensive compliance and benefits administration.
- Key Features:
- Full-service payroll in 50 states.
- International contractor payments.
- Next-day direct deposit.
- Employee benefits, including health, vision, dental, and 401k.
4. Taxes
- Description: Full-spectrum tax preparation and filing services for startups throughout the year.
- Key Features:
- Federal and state income tax filings.
- R&D tax credit services.
- On-time 1099-NEC filings.
- Tax consulting and compliance services.
5. Incorporation
- Description: Assistance in forming and setting up corporate structures, especially Delaware C-Corps.
- Key Features:
- Free C-Corp incorporation.
- Stock purchase agreements and EIN setup.
- Confidentiality agreements and board of director setups.
Recent Developments
- Recent Funding: Every announced a $22.5M Series A led by Redpoint Ventures to further expand its offerings and enhance its platform.
- Partnerships:
- Partnered with Founders Village to support founders within the Silicon Valley community.
- New Features:
- Treasury Autopilot: Automatically purchases treasury bills to maximize yields.
- Receipt Autopilot (coming soon): Automates receipt management for efficient bookkeeping.
This report encapsulates the details of Every, Inc., highlighting its products and services along with recent developments. It serves as a comprehensive overview based on the data available.
