Ahead of the TNW Startup Rally, “IFTTT for Business” Sush.io raises 250K€ seed round from KIMA Ventures & angels

Apr 23, 2013
Vote on Hacker News

Sush.io screengrab

Last month, we spoke to you a bit about Sush.io, A Seedcamp-backed startup participating in TheNextWeb’s Startup Rally this week in Amsterdam. Well it seems TheNextWeb had good reason to accept the company, whose Mint.com-like dashboard for CFO’s has garnered quite a lot of attention despite not having launched yet – the company announced today a 250K€ seed round from KIMA Ventures, Jacques-Antoine Granjon, 50 Partners (a new Paris accelerator), Jonathan Zisermann, GEM Angels & others.

“97% of businesses in the world have less than 10 people. Sush.io helps them focus on their product and business instead of spending time dealing with Paperwork”

-Thomas Guillaumin, CEO

Sush.io is set to launch its app, initially available for Mac OS X on May 15th, at the TNW Conference this Thursday when it will participate in the TNW Startup Rally. The product, which integrates with services like Freshbooks, Google Drive, and other essential startup and SME cloud services, hopes to automate the CFO position. The product will allow users to set up IFTTT-like automated actions, such as paying a Freshbooks invoice automatically, or sending an email each time a certain amount of money is spent. The service scraps email notifications, websites, and makes use of APIs in order to get its deep integration, and plans to launch with 15+ services integrated.

“All Businesses use SaaS services, Github, Paypal, Google Adwords. Sush.io is really simple : connect all your data in the app. Each time a new document or Data is available, Sush.io streamlines the tasks and displays the Reports in a beautiful dashboard.”

- Fabien Charbit, CTO

The team is currently five people, located at the 50 Partners office in Paris. They have spent a full year working on the project since pivoting from their original startup, Archive.Me, after they got critical/constructive feedback from mentors, VCs and entrepreneurs during the US tour with Seedcamp in 2012. Since then, the team has buckled down and focused on bringing the best possible service, focusing on two hard pain points: 1) Small businesses are too small to have a CFO 2) Excel sucks. Many have fought this battle, but Sush.io might just have what it takes to turn all that raw financial Data into Sushi, or better yet, analytics.