Afternoon.co Raises $2M to Reimagine the Back Office Stack for Founders

2025-07-24

Running a startup shouldn't mean stitching together countless different tools & people just to stay compliant. But for most founders, that's exactly what the back office looks like today: One provider for accounting, another for sales tax, a freelance bookkeeper, a tax accountant, and a compliance laywer for state filings. It’s fragmented, expensive, and easy to mess up.

We believe there’s a better way.

That’s why we started Afternoon.co, an all-in-one back-office platform that unifies compliance, bookkeeping, and taxes into one simple system. And today, we’re excited to share that we’ve raised a $2M pre-seed round, led by Itamar Novick at Recursive Ventures, to build it.

One system, one source of truth

At Afternoon, we’re building the modern financial operations stack powered by AI that founders actually want; one that just works. By consolidating core financial and compliance workflows under one roof. When you hire someone in a new state, we will automatically register your business in a new state, start collecting sales tax, and handle all of your corporate taxes & gov't forms. We give startups a single system of record and a single point of accountability for everything.

That means:

No more dropped balls between vendors
No more wondering who owns what
No more guessing if you're fully compliant

Just clean finances, clear reporting, 100% compliance and peace of mind you’re not missing anything.

Built for founders by founders

We launched in November 2024, and since then we’ve grown fast. Today, over 50 startups and ecommerce brands trust Afternoon.co. Whether it’s sales tax, annual filings, or multi-state payroll tax registration, we handle the complexity so founders can get back to building.

We’re especially grateful to the incredible early customers who bet on us and to the investors who saw the same pain points we did. This round wouldn’t be possible without the support of:

And a group of amazing angels, operators, and founders.

If you're a founder struggling with back-office complexity, drop us a line at founders@afternoon.co or hop in for a quick demo. We’d love to help!