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Peloton cofounder launches software company to shake-up a new industry

Huge congratulations to portfolio company Avise on this Forbes feature article announcing the company coming out of stealth! Today cofounders Graham Stanton and Edgar Thomas revealed their new accounting and bookkeeping company, which is aimed at CFOs of fast-growing companies. The pair are out to disrupt the sleepy world of financial software using the same kind of slick, user-friendly design that helped Peloton revolutionize the exercise industry.

The founders say the software can quickly integrate with existing databases like Quickbooks and provide a live accounting dashboard to help drive strategy and decisions. “I’ve had a career-long frustration with back-office software,’ says Stanton. “In the early days, it really matters. It’s hard to get insight into the business and know what you need to do to check all the right boxes for accounting and compliance. There’s a gap in the market that became an obsession in the back of my mind.”

Tags

avise, accounting, banking