Charleston, South Carolina based accounting technologies company Ceterus has raised $6m in Series A funding led by Grotech Ventures. Ceterus Edge gives small business owners instant access to their financials, as well as peer-benchmarks, key performance metrics, and daily balances, from any connected device.
Don Rainey, Grotech General Partner, said “Ceterus is an exciting company with impressive traction in the marketplace. We are enthused to partner with them as they address an immense market with an innovative approach to universal issues for small businesses.” Pairing next-generation accounting technology with industry expertise, Ceterus provides a complete solution to small business entrepreneurs. “The future of accounting is more than a tool, it is a solution that is automated, timely, mobile, and provides useful analytics for the small business entrepreneur,” Levi Morehouse, Ceterus CEO and Founder said. “This new investment allows for expansion into new small business markets as well as developing additional functionality for our customers.”