The round was led by Grand Oaks Capital, an investment firm founded by Paychex founder and chairman Tom Golisano. Golisano will take a seat on Botkeepr's six-member board of directors.

Botkeeper is a leading automated bookkeeping solution that provides accounting firms and their clients a powerful combination of skilled accountants, machine learning, and artificial intelligence. The various packages provide full-suite bookkeeping & pre-accounting solutions, a consolidated platform consisting of tools to optimize firm processes, and the highest quality support, all designed to meet our clients' unique needs at any stage of growth. Accounting firms running on Botkeeper are able to grow their book of business, diversify their service offerings, increase capacity, and reduce stress during tax time-all while improving their overhead costs. The powerful and easy-to-use solution has helped firms across the United States to maximize their potential, better serve their clients, and do more of what they love.