Febi.ai
- Company typePrivate
- Founded2022
- HeadquartersGurugram, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Febi.ai does
Febi.ai (legal entity: Rivergo Automation Private Limited) is an India-based AI-powered cloud accounting and bookkeeping platform serving startups, SMEs, enterprises, and individual professionals in the domestic market. The company is headquartered in Gurgaon and was founded in 2021–2022; as of late 2024 it had raised $2 million in pre-Series A funding (co-led by Lumis Partners) and reported approximately 100+ paying businesses. Febi is also backed by Felix Advisory, an India consulting firm providing domain expertise.
Febi.ai firmographics
Firmographics- Name
- Febi.ai
- Legal name
- Rivergo Automation Private Limited
- Website
- https://febi.ai
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Febi.ai industry classification
Industry- Product category
- Cloud Accounting Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
- akta.pro secondary industry
- AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)
Keywords
Where Febi.ai is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Febi.ai business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Subscription-based SaaS: Monthly or annual subscription-based pricing model for cloud-based accounting and bookkeeping software access. Users pay a Service Subscription Fee upfront with automatic renewal upon payment for subsequent terms. Pay-as-you-go flexibility with cancel anytime policy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Subscription plans based on business turnover with monthly or annual billing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
Febi.ai product offering
Product offeringCore offering
Febi.ai is a SaaS, AI/ML-powered cloud accounting and bookkeeping automation platform for Indian startups, SMEs, and enterprises. It combines automated transaction recording, AI-based live bookkeeping, smart invoicing, automated TDS and GST tax compliance, real-time financial reporting (30+ reports), and a human Finance Concierge service of dedicated personal accountants. Users can upload invoices via WhatsApp, email, or direct upload, and the platform syncs with bank accounts to deliver day-1 audit-ready books and compliance.
Product overview
Febi.ai is a cloud-based AI accounting and bookkeeping platform designed for Indian startups, SMEs, and enterprises. The platform operates as a unified SaaS solution combining three core product modules—Tax Compliance Software, Cloud Accounting Software, and Accounts Payable Software—alongside supplementary features including AI-based live bookkeeping, transaction management, TDS/GST compliance, file management, and smart invoicing. The architecture integrates AI/ML automation with human expert oversight through a Finance Concierge service featuring dedicated personal accountants. The platform is built by Rivergo Automation Private Limited and backed by Felix Advisory, offering subscription-based pricing with monthly or annual plans scaled by business turnover.
Differentiator
Problem solved
Functional benefit
Products and services
- Cloud Accounting Software
Quantifiable outcome
- 30-minute migration process for new customers
- +3 more outcomes
Companies that use Febi.ai
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Febi.ai technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability8 records
Feature8 records
Febi.ai partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Felix AdvisorycoreIndia's leading consulting firm with more than 2 decades of industry experience backing Febi.ai. Provides domain expertise in accounting, finance, and business advisory services.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Febi.ai competitors and assessment
Company assessmentBroad incumbents
- Tally Solutions: Tally is India's dominant legacy accounting software, used by a vast majority of Indian businesses for GST and accounting. Although traditionally desktop-based, Tally has launched TallyPrime and cloud variants, making it the entrenched incumbent Febi must displace for SMB accounting workflows.
- QuickBooks India (Intuit): QuickBooks India offers cloud accounting and GST-ready invoicing to Indian SMBs and freelancers, backed by Intuit's global product engine. It is a comparable cloud-native accounting SaaS targeting the same startup/SMB segment as Febi but with substantially more resources and international footprint.
- RazorpayX (Razorpay): RazorpayX is Razorpay's business banking and payouts platform that bundles automated accounting, tax payments and compliance features for Indian businesses. As Razorpay expands into full-stack finance ops, it represents a well-capitalized adjacent competitor for cloud accounting workflows.
Direct peers
- Vyapar: Vyapar is a popular Indian GST billing and accounting app aimed at small businesses, offering invoicing, expense tracking, GST returns and reports. It directly competes with Febi in the Indian SMB accounting space with a mobile-first, low-cost pricing model.
- ClearTax (now Clear): Clear is India's largest online tax-filing and GST compliance platform that has expanded into cloud invoicing, accounting and business payments. It is the closest direct competitor to Febi, also targeting Indian SMBs and startups with AI-assisted GST/TDS workflows and a finance automation suite.
- Zoho Books: Zoho Books is Zoho's cloud accounting product, widely adopted by Indian SMBs and startups for invoicing, GST compliance and bank reconciliation. It competes head-to-head with Febi on cloud accounting, GST automation and self-serve onboarding, with a much broader suite and stronger brand.
Emerging players
- OkCredit: OkCredit is a digital credit ledger and business management app used by millions of Indian SMBs and retailers for tracking receivables/payables. While primarily a ledger tool, it has expanded into invoicing and basic accounting, putting it in the same SMB financial management category as Febi.
- Refrens: Refrens offers cloud-based invoicing, accounting and payment tools for Indian freelancers, agencies and SMBs, including GST-ready invoicing. It is an emerging player with overlapping product surface in smart invoicing and accounting automation for similar Indian customer segments.
- myBillBook (FloBiz): myBillBook by FloBiz is a mobile-first GST billing and accounting app for Indian SMBs, offering invoicing, expense tracking and reports. It targets the same Indian small business segment as Febi with a free/low-cost model and growing distribution through the FloBiz fintech stack.
- Khatabook: Khatabook is a digital ledger and business management app widely used by Indian SMBs and kirana stores for credit/debit tracking, invoicing and basic accounting. It overlaps with Febi's SMB billing/bookkeeping proposition and represents a competing mobile-first distribution channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Febi.ai social profiles
Digital presenceFebi.ai compliance and trust
Trust signalCompliance1 record
Febi.ai financial estimates
Financial estimateRevenue estimate
Valuation estimate
Febi.ai leadership team
Management profileNumber of profiles
Febi.ai funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Febi.ai M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Febi.ai
What does Febi.ai do?
Febi.ai is a SaaS, AI/ML-powered cloud accounting and bookkeeping automation platform for Indian startups, SMEs, and enterprises. It combines automated transaction recording, AI-based live bookkeeping, smart invoicing, automated TDS and GST tax compliance, real-time financial reporting (30+ reports), and a human Finance Concierge service of dedicated personal accountants. Users can upload invoices via WhatsApp, email, or direct upload, and the platform syncs with bank accounts to deliver day-1 audit-ready books and compliance.
Is Febi.ai a public or private company?
Febi.ai is a private company. It is classified as venture growth investor backed and is currently operating.
When was Febi.ai founded?
Febi.ai was founded in 2022. It employs 11 to 50 people.
Where is Febi.ai based?
Febi.ai is headquartered in Gurugram, India, in the Asia region.
How does Febi.ai make money?
One revenue line is on record: subscription-based SaaS.
Who are Febi.ai's main competitors?
Broad incumbents on record are Tally Solutions, QuickBooks India (Intuit) and RazorpayX (Razorpay). Direct peers are Vyapar, ClearTax (now Clear) and Zoho Books. Emerging players are OkCredit, Refrens, myBillBook (FloBiz) and Khatabook.
Does Febi.ai have an API?
No public API is recorded for Febi.ai.
What industry is Febi.ai in?
Febi.ai's product category is Cloud Accounting Software. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management), with a secondary code of HDAAAMAA, AI Governance, Risk & Compliance (GRC) Platforms. Its NAICS code is 513210 and its SIC code is 7372.