Finaloop vs Pilot

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Finaloop vs Pilot

Finaloop

Ecommerce, DTC, wholesale, retail and multichannel consumer brands, from six-figure to nine-figure revenue

Launched 2020; Brooklyn, New York

VS

Pilot

Startups and small businesses, from early-stage companies to those preparing for an exit

2017; San Francisco, US (second office in Nashville)

Finaloop and Pilot both keep the books for growing US businesses as a service with software.

Finaloop, launched in 2020 and based in Brooklyn, runs real-time accounting, inventory and analytics for 2,500+ consumer brands; Pilot, founded in San Francisco in 2017, sells bookkeeping, tax and CFO services to 3,500+ startups and small businesses.

Finaloop vs Pilot: side by side

“Not published” means the vendor does not state it.

FinaloopPilot
What it doesReal-time accounting, inventory and analytics platform for consumer brands, run by Finaloop's accountants or the brand's own teamBookkeeping, tax and CFO services run by an AI Accountant and a team of finance experts
Best forEcommerce, DTC, wholesale, retail and multichannel consumer brands, from six-figure to nine-figure revenueStartups and small businesses, from early-stage companies to those preparing for an exit
Founded and HQLaunched 2020; Brooklyn, New York2017; San Francisco, US (second office in Nashville)
Ownership and fundingPrivate; Series A of US$35m (June 2024) led by Lightspeed, with Vesey Ventures, Commerce Ventures, Accel and Aleph; US$55m raised in totalPrivate; more than US$150m raised; Series C expanded to US$100m at a US$1.2bn valuation (2021) with Bezos Expeditions and Whale Rock
Customers or users2,500+ consumer brands, including Duradry, &Collar and Netrition3,500+ startups and small businesses
PricingStarter US$245 a month (up to US$1m revenue, in business 4 years or less); other plans quoted on revenue, complexity and services; 14-day free trialBookkeeping US$99/month (Essentials), Core from US$299/month billed annually; tax from US$1,000/year; CFO from US$1,750/month
Deployment and marketsOnline platform with an accounting team; tax add-on covers federal and state income tax returnsUS; cloud platform with US-based bookkeepers and CFO advisers

Main differences

Customers

Finaloop serves ecommerce, DTC, wholesale, retail and multichannel consumer brands; Pilot serves startups and small businesses.

Inventory

Finaloop tracks stock by warehouse, purchase orders, landed cost and FIFO cost of goods per SKU and channel; Pilot does not sell inventory accounting.

Who does the work

Finaloop offers Full-Service, where its accountants run the books, or Platform, where the brand's team does; Pilot's team and AI Accountant do the bookkeeping.

Pricing

Finaloop's Starter plan costs US$245 a month for brands up to US$1m in revenue; Pilot bookkeeping starts at US$99 a month.

Which to choose

Choose Finaloop if

  • You sell physical products online or through retail and need inventory and cost of goods in the books

Choose Pilot if

  • You run a venture-backed or service startup and want bookkeeping, tax and CFO support

Compare further

Common questions

What is the difference between Finaloop and Pilot?+

Finaloop is a real-time accounting, inventory and analytics platform for consumer brands, run by Finaloop's accountants or the brand's own team. Pilot provides bookkeeping, tax and CFO services for startups and small businesses, run by an AI Accountant and a team of finance experts.

How much do Finaloop and Pilot cost?+

Finaloop's Starter plan costs US$245 a month for brands with up to US$1m in revenue that have been in business four years or less; other plans are quoted. Pilot bookkeeping costs US$99 a month (Essentials) or from US$299 a month billed annually (Core).

Do Finaloop and Pilot file taxes?+

Both sell tax filing as an add-on. Finaloop's tax package covers federal and state income tax returns with a dedicated tax expert. Pilot's tax plans start at US$1,000 a year and are bought with Pilot bookkeeping.

Part of Accountio’s accounting technology coverage.