Atlanta just turned up the volume in fintech. FinQuery, once LeaseQuery, just secured a majority growth investment from TA Associates, and the move feels less like a press release and more like a power play. Founded in 2011 by George Azih, FinQuery came from lived frustration, not theory. Azih saw at a Fortune 500 how lease accounting compliance was a maze, and instead of drowning in it, he built a way out. By Sept 2012 the platform launched, and today that same vision is scaling with serious velocity.
For TA Associates, this isn’t a dabble. Their wheelhouse is $100M–$600M equity investments, valuing businesses from $150M to $3B+. When they go majority, it signals conviction. FinQuery now serves 8,700+ orgs across 90+ countries, automating some of the ugliest corners of accounting, leases, prepaids, accruals, contracts, and converting them into streamlined, audit-ready workflows. Think about what that means: controllers and CFOs finally getting their weekends back.
Leadership is stacked. George Azih shifted to Executive Chairman. Joe Schab stepped in as CEO, a SaaS growth operator who knows how to push top-line expansion without torching margins. Justin Smith wears both CFO & COO hats, Goldman Sachs pedigree in tow, keeping capital discipline sharp. Andrew Larson runs tech, 20+ years across finance, trading & logistics, embedding AI deep in workflows. Chief Architect Brendan Kapsimalis turns whiteboard theory into scale, while GC Alessandra Backus keeps the rails tight. This isn’t a vanity C-suite; it’s a war room built for global expansion.
Performance numbers cut through the noise. Q1 ’25 new revenue beat targets by 18%. Customer base grew 300% in 2 years. Rule of 40? Not just clearing it, but eclipsing it. Recognition piles on: #1 Lease Accounting Software on G2 for 18 straight quarters with 97% CSAT, Deloitte Technology Fast 500, Inc. 5000 (5 years running), Stevie Award in ’25, and an EY Entrepreneur of the Year win for George Azih. This is traction, not hype.
The TA partnership isn’t just about $, it’s about amplification. Expect more AI-driven automation, sharper analytics, deeper ERP integrations, and M&A to complement organic growth. Advisors lined up heavyweights too: Evercore & Latham & Watkins on FinQuery’s side; Jefferies & Shea & Co for TA. Everything about this deal signals acceleration.
For finance leaders, the takeaway is crystal. Manual compliance grind is obsolete. FinQuery isn’t chasing efficiency; it’s baking it into infrastructure. With TA Associates in the cockpit, the company’s not just scaling, it’s setting the standard.
