Chipax
Chipax, based in Santiago, Chile, is a B2B finance and accounting software provider that automates financial tasks for over 1,100 businesses, boasting an ARR of $1.6M.
Services
Chipax provides a range of financial and accounting solutions tailored for small to medium-sized businesses. Key offerings include cash flow management, collection processes, bill payment, and more. The service also features state of results, account plans, and customizable budgets. These tools aim to automate financial tasks, thereby reducing manual errors and enhancing overall efficiency.
Target Market
Chipax is designed to serve small to medium-sized businesses (SMBs) with a focus on streamlining and organizing daily financial activities. It has proven effective for over 1,500 SMBs, helping them manage their finances more efficiently through automated tasks and integrations with bank and SII (Servicio de Impuestos Internos) data.
Funding and Support
Chipax is supported by notable investment and startup acceleration programs, including Corfo, 500 Startups, and Y Combinator. The company participated in the Y Combinator Summer 2021 (S21) batch, which has boosted its credibility and provided funding essential for its growth.
Company History
Chipax operates from Santiago, Chile, and supports fully remote work. The company has a team size of 37 and serves more than 1,100 paying businesses. Chipax has achieved a significant milestone with an Annual Recurring Revenue (ARR) of $1.6M. They offer a 14-day free trial without requiring a credit card, encouraging potential customers to experience their service risk-free.