Venture5 · Aug 2025
VC-deals roundup covering Afternoon’s $2M pre-seed and identifying Recursive Ventures as the lead investor.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Afternoon.co is a New York–based, YC-backed software company building an AI-assisted bookkeeping, tax, and compliance platform for founders, especially AI startups and ecommerce brands, combining software with managed accounting support.
Primary product
AI-assisted bookkeeping, tax, and compliance platform for founders
Founded
2024
Headquarters
New York City, New York, United States
Team size
1-10 employees
Work style
Onsite
Industry
Software Development
Sub-industry
Finance & Accounting Tech
Offices
New York City, New York, United States
169 Madison Ave STE 11477, New York, NY 10016
Business model
subscription
managed services
per-filing fees
Funding
Stage
pre-seed
Total raised
$2M
Latest round
Pre-seed · Jul 2025
Latest amount
$2M
Jul 2025 · Recursive Ventures
People & investors
Leadership
Co-Founder & CEO
Co-Founder
Head of Engineering
Head of Finance and Accounting
Work & culture
Lean, founder-led, and high-ownership; public job posts emphasize working directly with the founders, in person from NYC, and building a product that removes admin work for customers.
Work style
Onsite
Visa sponsorship
Yes
Compensation
Public job postings show a Founding Engineer role at $110K-$180K salary plus 0.50%-5.00% equity, and a Founding CPA & Tax Professional role at $100K-$140K salary with equity. The company also advertises medical, dental & vision coverage plus lunch/snacks stipends.
Benefits
medical, dental & vision coverage
lunch & snacks stipends
competitive salary + equity
Product & market
Pricing
Subscription pricing for bookkeeping/tax/compliance plans, plus per-filing fees for some services.
Differentiators
- —Built for AI-native revenue and cost structures
- —AI-enabled receipt capture and categorization (including Gmail-based extraction)
- —Collaborative workflows for founders and accountants
- —Fully managed service with expert accountants
- —Real-time founder metrics such as runway, burn, and ARR
Technology
TypeScript
React
PostgreSQL
Stripe
Rippling
Brex
QuickBooks
QuickBooks Online
Customers
AI startups
ecommerce brands
YC startups
founders and small business owners
Competitors
Intuit
Pennylane
Vyapar
traditional accounting firms
Scale & contact
Estimated revenue
≈$0.5M–$0.7M annual ARR (third-party estimates; exact revenue not publicly disclosed)
Estimated monthly visits
6.1K
Traffic estimate as of Jul 2026
Latest news
TechNews180 · Jul 2025
External coverage of the same $2M pre-seed announcement, summarizing the company’s back-office automation thesis and investor set.
Afternoon Blog · Jul 2025
Official company announcement of the $2M pre-seed round led by Recursive Ventures, with participation from Network VC, Treeo VC, Endurance Ventures, and angels; the post says the company serves 50+ startups and ecommerce brands.
Signalbase · Apr 2025
Another public writeup describing the funding, product direction, and the company’s focus on real-time accounting and compliance for startups and commerce businesses.
Y Combinator
YC company page describing the product, founders, and launch context; it highlights AI-assisted bookkeeping, tax/compliance workflows, and founder-focused metrics like runway, burn, and ARR.
Jobs and careers at Afternoon.co
0 jobs at Afternoon.co
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