Why We Invested: Gappify

Automating the Office of the CFO

1. Tell me more about your background. What led you to found Gappify?

I’m a long time accountant who started my professional career in public accounting. In 2004, at the age of 23, I left KPMG and started my own accounting practice. There was an opportunity at the time to provide a specific type of compliance service that was mandated by Congress as a result of the Enron corporate fraud scandal. I was one of the first accountants trained in Sarbanes-Oxley compliance, so I decided to start a practice focused on that particular area of accounting.

2. Tell us more about your customers’ biggest pain point and how Gappify solves that problem?

Our solution is built for accounting teams with greater than 1,000 employees. These companies have teams of talented accounting professionals who spend most of their time collecting, entering and reviewing financial data. With automation solutions like Gappify, transactions can be processed autonomously, and, most importantly, the solution ensures that financial statements are prepared accurately for management and in compliance with the necessary statutory requirements.

3. What tools and tactics do you use to get unstuck when you’re struggling with a problem?

Accountants tend to be logical and rational, and I am certainly no exception. Regardless of the complexity of the problem I’m facing, I tend to break down problems into smaller pieces first. Once the problem is properly and rationally identified, then I like to think outside the box to find the best solution possible.

4. What’s the hardest part of starting a company? And what advice would you give to founders at the beginning of their entrepreneurial journey?

For me, the hardest part is always finding the right people. Whether it’s finding the right type of talent to bring your original ideas to life or finding the right investors to help you grow your business, articulating and inspiring others to rally around your vision is not an easy task for anyone.

5. What are you most excited about in 2022?

I’m excited to grow the team. Our amazing customers are eager for the new products we’ve shared in our roadmap, so having the resources to build a bigger team of rock stars and quickly release these new solutions is something Gappify is extremely excited about.

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We unite a thriving ecosystem of emerging business technology. For more information visit www.rallyventures.com

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Rally Ventures

We unite a thriving ecosystem of emerging business technology. For more information visit www.rallyventures.com