Austin, Texas-based ScaleFactor, an intelligent finance and automated accounting platform, has raised $60 million in Series C funding. Coatue led the round with participation from other investors that included Bessemer Venture Partners, Canaan, Broadhaven Ventures, Firebrand Ventures, Vulcan, Stripes Group and NextPlay Capital. AUSTIN, TEXAS — August 8, 2019 —ScaleFactor, the intelligent finance and automated accounting platform, today announced that it raised a $60 million Series C funding round led by Coatue. On the heels of its Series B in January 2019, ScaleFactor has raised a total of $100 million in the past year.