MakersHub was born out of Phong Ngo WG20’s frustration at a past job with the cumbersome process of trying to accurately and completely enter accounts-payable data. He often found that information he needed from bills and receipts was entered incorrectly and that data was missing.
Alongside co-founder Charley Howe WG20, Ngo launched MakersHub for businesses with significant accounts-payable needs. With its proprietary tool, the company — a Venture Lab VIP-X alum — aims to eliminate manual entry by fully capturing data from bills and receipts in any format, saving hours of tedious input. MakersHub’s work recently earned $7 million from venture capital investors, boosting its total raised to $11.5 million.
Read more from the Watchlist.
