Neat
- Company typePrivate
- Founded2002
- HeadquartersPhiladelphia, United States
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
Neat firmographics
Firmographics- Name
- Neat
- Legal name
- The Neat Company
- Website
- https://neat.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Neat industry classification
Industry- Product category
- Expense Management Software
- NAICS
- Software Publishers (5132), Document Preparation Services (56141)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Document Capture, Scanning, OCR/ICR & Intelligent Document Processing (IDP) (HDAEAGAD)
- akta.pro secondary industries
- Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC), Optical Character Recognition (OCR) & Document Vision (HDAAAEAD), eSignature, Forms & Digital Workflow Platforms (HDAEAHAJ)
Keywords
Where Neat is headquartered
LocationHeadquarters
- HQ city
- Philadelphia
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Neat business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Base Subscription (Neat): Yearly subscription providing core receipt scanning, document management, expense tracking, and file organization capabilities. Includes unlimited storage, data capture with human verification, bank-level security, and email/chat support.
- VIP Service Add-on: Premium support tier adding dedicated support team with priority phone/chat/email, 1:1 training sessions (2 per month), early access to new features, and exclusive offers. Cannot be purchased without base subscription.
- Automated Insights Add-on: Enhanced financial management with bank account import, automatic accounting reports, real-time insights and trends, receipt-expense pairing, and custom invoice sending. Cannot be purchased without base subscription.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Base Plan - Core document management and expense tracking |
| Subscription | Annual | VIP Service - Premium support add-on |
| Subscription | Annual | Automated Insights - Enhanced financial management add-on |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Neat product offering
Product offeringCore offering
Neat offers a cloud-based mobile digital filing system that transforms paper and digital documents (receipts, invoices, contracts, business cards) into organized, searchable data. It uses patented OCR and AI to capture receipt and document information with 99% accuracy, automatically categorize expenses, match transactions, and prepare data for tax filing and bookkeeping. The platform combines receipt scanning, expense management, digital filing, tax prep, and invoicing in a single subscription product, distributed primarily via the web and iOS/Android mobile apps for freelancers and small businesses.
Product overview
Neat is a unified expense management, receipt tracking, and tax preparation platform built for freelancers and small businesses (0-5 employees). The core Neat platform serves as the primary offering, providing receipt scanning via patented OCR technology, expense management with automatic categorization, a digital filing cabinet, and tax preparation features. The product architecture follows a base-plus-addons model: customers subscribe to the core Neat platform ($200/year) and can enhance it with optional add-on modules including VIP Service ($50/year) for premium support and training, and Automated Insights ($150/year) for advanced expense tracking and financial reporting. The platform includes sub-products launched over time including NeatBooks for bookkeeping, NeatInvoices for invoicing, and NeatCloud for cloud document storage. The Neat Mobile App extends functionality for on-the-go receipt capture, expense tracking, and document management. Neat integrates with popular accounting and tax software including QuickBooks, TurboTax, H&R Block, and Quicken, as well as marketing tools like MailChimp and Constant Contact.
Differentiator
Problem solved
Functional benefit
Products and services
- Neat All-in-one expense management, tax prep, and receipt tracking platform built for freelancers and small businesses (0–5 employees). Provides receipt scanning, automatic expense categorization, digital filing cabinet, and tax preparation features with cloud-based storage and integrations with QuickBooks, TurboTax, H&R Block, and Quicken. Sold as an annual subscription ($200/year) with a 14-day free trial and 30-day money-back guarantee.
- Neat Mobile App Mobile application available on iOS App Store and Google Play that provides receipt capture via camera, document import from photo gallery, expense tracking and categorization, bank account connection for transaction streaming, and document management with file sharing capabilities for Neat subscribers.
- NeatBooks Bookkeeping software component of the Neat platform that provides full bookkeeping functionality, integrated with Neat's receipt scanning, expense management, and document organization features, and accessible via web and mobile.
- NeatInvoices Invoicing software within the Neat platform that allows users to create and send custom invoices directly to clients, with invoice reminders, discounts, tax calculation, and custom branding options.
Quantifiable outcome
- 99% data extraction accuracy
- +5 more outcomes
Companies that use Neat
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Neat technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability6 records
Feature6 records
Neat partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Intuit QuickBookscoreIntegration allows Neat users to review and send all expense-related data directly to QuickBooks Online. Receipt and invoice images are automatically attached. Users can map expenses once to match QuickBooks preferences, and future data maps automatically.
- Intuit TurboTaxcoreIntegration enables users to export tax categories, expenses, and document images to TurboTax to eliminate manual data entry during tax filing. Tax categories created in Neat flow through to TurboTax.
- H&R BlockcoreUsers can scan receipts and invoices to track expense documents throughout the year. Neat's machine-learned data automation sends data directly to H&R Block. Tax categories set up in Neat are used to create tax forms in H&R Block.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Neat competitors and assessment
Company assessmentDirect peers
- Expensify: Expensify is a direct competitor offering receipt scanning, OCR-based expense management, and corporate card transaction matching for SMBs and enterprises. Both serve freelancers/small businesses with mobile-first receipt capture and accounting software integrations.
- Dext (formerly Receipt Bank): Dext provides receipt capture, OCR data extraction, and bookkeeping automation for accountants and small businesses. Direct overlap with Neat's OCR receipt processing and accountant partner channel.
- QuickBooks Self-Employed: Intuit's product targeting the same freelancer/sole proprietor segment with built-in receipt capture, expense categorization, and tax preparation. Direct competitor and ecosystem partner of Neat via QuickBooks integration.
- Hurdlr: Hurdlr offers automated expense tracking, mileage logging, and income/expense reports for freelancers and self-employed individuals. Highly comparable mobile-first SMB expense management product.
- Wave Accounting: Wave provides free invoicing, accounting, and receipt scanning for small businesses and freelancers. Competes directly with Neat's NeatInvoices and bookkeeping features for the same 0-5 employee segment.
- FreshBooks: FreshBooks is an SMB-focused accounting and invoicing platform with expense tracking and receipt management capabilities. Overlaps with Neat's invoicing, expense categorization, and tax-preparation workflow for service-based small businesses.
- Bonsai: Bonsai is an all-in-one business management platform for freelancers and solopreneurs offering invoicing, expense tracking, contracts, and tax tools. Comparable target customer and overlapping expense/invoicing functionality.
Broad incumbents
- Xero: Xero is a broader cloud accounting platform for SMBs with Hubdoc (acquired) providing receipt capture and document management. Larger incumbent offering overlapping receipt scanning and bookkeeping for the same customer segment.
- Hubdoc: Hubdoc (now owned by Xero) provides automated document collection, data extraction, and bookkeeping integration. Directly comparable OCR-based receipt/document processing for SMB accounting workflows.
Emerging players
- Keeper (bookkeeper app): Keeper is an AI-powered bookkeeping app for small businesses offering automated transaction categorization and expense tracking. Emerging player intersecting with Neat's Automated Insights add-on capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Neat social profiles
Digital presenceNeat compliance and trust
Trust signalCompliance3 records
Neat financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neat leadership team
Management profileNumber of profiles
Profiles7 records
Neat funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neat M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Neat
What does Neat do?
Neat offers a cloud-based mobile digital filing system that transforms paper and digital documents (receipts, invoices, contracts, business cards) into organized, searchable data. It uses patented OCR and AI to capture receipt and document information with 99% accuracy, automatically categorize expenses, match transactions, and prepare data for tax filing and bookkeeping. The platform combines receipt scanning, expense management, digital filing, tax prep, and invoicing in a single subscription product, distributed primarily via the web and iOS/Android mobile apps for freelancers and small businesses.
Is Neat a public or private company?
Neat is a private company. It is classified as venture growth investor backed and is currently operating.
When was Neat founded?
Neat was founded in 2002. It employs 101 to 250 people.
Where is Neat based?
Neat is headquartered in Philadelphia, United States, in the North America region.
How does Neat make money?
Three revenue lines are on record. Base Subscription (Neat) is the primary driver. The others are VIP Service Add-on and automated Insights Add-on.
Who are Neat's main competitors?
Direct peers on record are Expensify, Dext (formerly Receipt Bank), QuickBooks Self-Employed, Hurdlr, Wave Accounting, FreshBooks and Bonsai. Broad incumbents are Xero and Hubdoc. Keeper (bookkeeper app) is listed as an emerging player.
Does Neat have an API?
No public API is recorded for Neat.
What industry is Neat in?
Neat's product category is Expense Management Software. Its primary akta.pro industry code is HDAEAGAD, Document Capture, Scanning, OCR/ICR & Intelligent Document Processing (IDP), with a secondary code of HDAEAHAC, Intelligent Document Processing (IDP) & OCR Automation. Its NAICS code is 5132 and its SIC code is 7372.