Sush.io

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Sush.io - overview

Established

2012

Location

London, -, UK

Primary Industry

Software

About

Sush. io is a service that synchronizes Stripe data with QuickBooks Online, enabling businesses to automate financial record-keeping and ensure accurate accounting without duplication or errors. Founded in 2012 and headquartered in London, UK, Sush. io specializes in integrating payment processing with accounting systems.


The company has pivoted its strategy to focus primarily on automating data synchronization for businesses utilizing Stripe and QuickBooks Online. Thomas Guillaumin, the founder and CEO, has led Sush. io since its inception. The company secured GBP 1.


09 million in venture financing on May 29, 2014, which is the total amount raised to date, valuing it at GBP 3. 01 mn post-money. Sush. io provides a single, comprehensive service designed to synchronize Stripe data with QuickBooks Online, addressing the need for seamless integration between payment processing and accounting systems.


By automating the transfer of historical and future transaction data, Sush. io ensures that businesses can maintain accurate financial records without the risk of duplication or error. The platform accommodates users from various industries and business sizes, offering customization options for the synchronization of customers, taxes, products, and Stripe fees. Sush.


io is particularly positioned to serve U. S. -based businesses, though it can cater to any organization utilizing Stripe and QuickBooks Online in different geographical markets, making it a versatile solution for a global audience. Since its inception, the service has garnered over 2,000 customers, indicating a strong client base that relies on its efficiency and reliability.


Sush. io operates on a subscription-based revenue model, offering a flat-rate monthly plan priced at GBP 7. 4 for unlimited data synchronization, a structure that has remained unchanged since the company's launch. Clients subscribe to utilize the platform for integrating their Stripe transaction data with QuickBooks Online, which includes features such as daily synchronization, unlimited historical transaction syncing, and priority support.


The company’s pricing strategy is designed to appeal to a diverse clientele, encompassing both B2B partnerships and direct-to-consumer transactions. By providing a straightforward pricing structure with no hidden fees, Sush. io enables businesses to manage their financial operations effectively while ensuring that they can access necessary features without restrictions. The service emphasizes transparency and ease of use, making it accessible for companies looking to streamline their accounting processes alongside their payment solutions.


Following its recent funding round in May 2014, Sush. io is positioned for growth with plans to expand its product offerings and enter new markets. The company is focused on designing additional features for enhanced data synchronization capabilities, with a release expected later in 2024. Moreover, Sush.


io aims to penetrate European markets, targeting launch efforts by early 2025. The GBP 1. 09 million raised will support these initiatives, particularly in product development and market expansion.


Current Investors

Kima Ventures, 50 Partners

Primary Industry

Software

Sub Industries

Software

Website

www.sush.io

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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