Catching Clouds Merger
Catching Clouds, the firm that redefined ecommerce accounting, merged with Acuity! As two of the most technology forward firms in the U.S., the merger made Acuity the new leader in ecommerce accounting, now supporting Amazon and Shopify sellers’ businesses.
“We’ve known the Catching Clouds team for many years…The time we spent as peers advising some of the top accounting technology companies and sharing ideas on how to reimagine our profession through modernizing our firms built such a healthy respect and friendship between our organizations,” said CEO Kenji Kuramoto. “It’s an incredibly exciting day for us to formalize this relationship and now call Patti, Scott, and the whole Catching Clouds team, our colleagues and business partners.”
Day 17 #vpdexperiment – here’s a longer version of the merger story of you want it. https://t.co/iqH6GCp4nV Getting close to the end. pic.twitter.com/SotNHXYqiJ
— ✧ ℙ𝕒𝕥𝕥𝕚 𝕊𝕔𝕙𝕒𝕣𝕗 ✧ (she/her) (@PScharfCPA) November 17, 2021
For more details about the merger, visit our website. You can also check out these two Drink While You Think episodes about it:
Opening St. Lucia office
We opened an office this summer in St. Lucia! Now, we have over 10 team members working there.
This is part of our commitment as a company to look for sustainable ways to keep growing as we continue to support people on our team – and that includes looking at all of the time zones.
And don’t forget to check out these pictures from Matthew May’s stay in St. Lucia – it’s a beautiful place!
Goodie Nation as our newest AcuityCares client
AcuityCares is Acuity’s charitable giving initiative that we started to provide free services to nonprofits that are making a tremendous impact on our community.
And in 2021, Goodie Nation became our newest AcuityCares client!
Goodie Nation’s mission is to eliminate the relationship gap that stands in the way of success for promising entrepreneurs, especially those who are people of color, women, or aren’t located in coastal financial centers.
To learn more about Goodie Nation, check out our blog post: 5 Things You Should Know About Social Pioneer Joey Womack And His Nonprofit, Goodie Nation.
Goodie’s initiatives and programs are also outlined on their website. You can also follow them on Twitter, Instagram, LinkedIn, and YouTube.
3rd annual AcuityCon
Well, the third annual AcuityCon has come and gone, and we couldn’t be more grateful for the time we spent together. This year, we had 65 new conference attendees. And the No. 1 item on our agenda was this: We’re here to form lasting connections.
You can click on our blog post, AcuityCon 2021: Celebrating Our Growth In Gathering Together Again, to read a full summary of the event as well as watch all of the conference footage.
Our Company’s Growth
So. This year – it’s safe to say that at least a few things happened…
But in all seriousness, check out what’s new:
- We had great financial results, which is always exciting. We finished 2020 with $7.5M in revenue, and we’ll likely finish a little over $9M in revenue this year. And we’re on the trajectory to hit $10.5M!
- We acquired two businesses since the fall of 2020 (Counting House Associates and Catching Clouds). We’re really excited about the amazing people we’ve added to our team.
- We have a new vertical – ecommerce. We’re excited about ecommerce. It’s a place that we’ve attempted to develop a vertical in, and it’s been really challenging. Ecommerce has blown up, and we know that’s not going away! To be able to bring that expertise in, through Patti and Scott Scharf with Catching Clouds as well as other partnerships, has been huge for our investment in ecommerce.
- We added 70 people! Now, we have 138 team members in four countries. This time last year, Kenji and Matthew were wondering how they were going to break 100.
To learn more about Acuity’s growth as a company, watch Kenji and Matthew’s address at AcuityCon 2021: