Every Analysis
What is Every?
Every provides a unified back office for startups, combining incorporation, banking, payroll, bookkeeping, taxes, and compliance. The company says it was founded in 2021 and has grown to 1.9k active customers, $1 billion-plus in transactions, and $32 million raised from Y Combinator, Redpoint, and Base10. It also reports 78 percent of customers used its full back-office suite in 2024.
Location
2261 Market St, San Francisco, California, 94114, US
Employees
11-50
Founded
2021
Product Features & Capabilities
- Incorporation, Bookkeeping, Banking & Cards, Treasury, Taxes, Payroll & HR, real-time bookkeeping, modern payroll, employee onboarding, benefits management, cashback rewards.
Pricing
- Banking & Treasury: Free
- HR, Payroll & Benefits: First 3 months free, then $25/user/month
- Bookkeeping: Starting at $350/month (sliding scale)
- Taxes: Starting at $3000/year
- Incorporation: Get Started for FREE
Investors
- Redpoint Ventures
- Base10 Partners
- Y Combinator
- Okta Ventures
- Formus Capital
- Cambrian Ventures
Competitors Overview
The main competitors of Every in the back office solutions market include:
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Accenture: Known for its comprehensive suite of back office services, Accenture emphasizes innovation and technology integration, making it a strong player in the market.
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Genpact: This company is recognized for its commitment to quality and scalability in back office services, providing tailored solutions to meet diverse client needs.
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IBM: With a focus on leveraging technology, IBM offers extensive back office solutions, particularly in automation and data management, which can provide significant advantages in efficiency.
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Infosys: Infosys emphasizes automation and cost-effective solutions, making it a competitive option for businesses looking to streamline their back office operations.
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TCS (Tata Consultancy Services): TCS leverages its IT expertise to deliver innovative back office services, focusing on integrating technology with traditional services.
Notable differences and advantages of these competitors include their established global presence, extensive service offerings, and strong emphasis on technology and innovation, which can provide them with a competitive edge over Every.
Market Focus
Every primarily focuses on the financial technology (fintech) industry, providing back office solutions for startups and founders, including services like incorporation, banking, payroll, bookkeeping, and taxes.
Business Model
Subscription-based model with tiered pricing for back office services and transaction fees.
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