Crete Professionals Alliance

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.

Crete Professionals Alliance - overview

Established

2023

Location

Tampa, FL, US

Primary Industry

Financial Services

About

Crete Professionals Alliance, founded in 2023, provides accounting and professional services to improve business operations. The firm has a notable presence in Tampa, Florida, and is not reported as a subsidiary of any parent company. The firm was established by a team of professionals with diverse expertise in accounting and business services. In May 2024, Crete Professionals Alliance raised an amount of venture funding co-led by Thrive Capital and Bessemer Venture Partners.


Crete Professionals Alliance (Crete PA) offers a comprehensive range of accounting and professional services tailored to enhance business efficiency and compliance. Their core service offerings include accounting, tax planning and preparation, audit and attestation, and advisory services. The firm focuses on providing accurate bookkeeping, financial forecasting, and strategic decision-making support to clients across various industries, thereby addressing challenges related to financial data accuracy and regulatory compliance. Crete PA serves a diverse clientele that includes small to mid-sized businesses across geographic markets such as the United States, Canada, and select regions in Europe.


The firm leverages its collaborative network of member firms to deliver localized expertise while benefiting from national capabilities and resources. Crete PA generates revenue through partnerships with member firms, wherein they provide essential support services that enhance operational efficiency. The firm operates on a B2B model, where its services are typically structured around subscriptions and service agreements tailored to the specific needs of each member firm. Transactions may include monthly fees for advisory services, hourly billing for tax preparation, and fixed-price contracts for audit services.


Pricing plans are aligned with the complexity and scope of services rendered, ensuring that member firms receive value commensurate with their investment. The core services, such as audit and advisory, play a significant role in the revenue structure, as firms engage Crete PA for their expertise in navigating intricate financial landscapes and regulations. The company plans to use the March 2024 funding to expand its network of partner firms and integrate advanced technologies, including AI, to enhance productivity and support the growth of accounting firms.


Current Investors

Bessemer Venture Partners, Thrive Capital

Primary Industry

Financial Services

Sub Industries

Accounting Services, Financial Services

Website

www.cretepa.com/

Verticals

FinTech

Company Stage

Early Stage

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.