Ambrook, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Ambrook, Inc. - overview
Established
2020
Location
New York, NY, US
Primary Industry
Software
About
Ambrook, Inc. is a New York-based company specialized in providing accounting software solutions for family-run businesses in the agriculture sector, focusing on enhancing financial management for farmers and ranchers across the United States. Founded in 2020, Ambrook, Inc. develops accounting software aimed at family-owned agricultural businesses.
The company has completed two funding deals, with its latest round raising USD 2. 9 million from investor Homebrew, totaling the amount raised to USD 2. 9 million. Ambrook delivers accounting software tailored for family-run businesses in the agriculture sector, including farmers, ranchers, and related enterprises.
Their offerings streamline bookkeeping, receipt management, invoicing, and payment processing using artificial intelligence for transaction automation, ensuring efficient financial management from any location. Ambrook caters to various industries such as farming, ranching, trucking, equestrian, construction, and real estate, enhancing operational visibility and profit tracking. Ambrook operates on a subscription-based revenue model with tiered pricing to accommodate different business sizes and needs. Their service plans range from basic options for individual users managing a single bank account to advanced tiers offering enterprise analytics and additional functionalities.
Clients typically subscribe to these plans with charges collected monthly or annually, while premium features are available for additional fees. Ambrook, Inc. plans to utilize the recent USD 2. 9 million funding from Homebrew to advance its product development and expand into new markets.
Specific upcoming products and features are being designed to enhance user experience, with a focus on launching them within the next year. The company is targeting expansion into other agricultural regions across the United States by 2025, aiming to increase its customer base and product offerings in the sector.
Current Investors
Thrive Capital, BoxGroup, Designer Fund
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.ambrook.com/
Verticals
Artificial Intelligence, Cloud Computing, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.