Snell & Wilmer Advises Next Coast Ventures in $10M Series A Investment in AI Bookkeeping Platform Uplinq

SAN DIEGO – Snell & Wilmer represented client Next Coast Ventures, an Austin-based venture capital firm, in its lead investment in the $10 million Series A financing round of Uplinq, a Phoenix-based financial technology company offering AI-driven bookkeeping and tax solutions for small and medium-sized businesses (SMBs). Additional participants in the round included AZ-VC, Live Oak Ventures, and existing investors.

This infusion of capital will enable Uplinq to enhance its AI capabilities, scale customer acquisition efforts, and strengthen its infrastructure to deliver seamless, automated financial management. Uplinq’s platform leverages intelligent AI agents to automate complex workflows across bookkeeping, tax compliance, and predictive insights—reducing manual tasks while increasing speed, accuracy, and scalability.

“Uplinq is transforming the way SMBs approach financial management,” said Thomas Ball, Co-Founder and Managing Partner of Next Coast Ventures, in a recent press release. “Their innovative use of AI to automate bookkeeping and tax processes addresses a critical need in the market. We’re excited to support their journey as they scale and redefine industry standards.”

The Snell & Wilmer team advising Next Coast Ventures was led by Bardia Moayedi and Daniel McEvers Mahoney, with support from Sarah Hibbard and paralegal Scott Drake.

Snell & Wilmer’s corporate and securities attorneys have served as counsel to a substantial number of clients ranging from Fortune 100 companies to smaller emerging businesses. Our attorneys have provided sophisticated legal representation to biotech companies, health care and financial institutions, public utilities, homebuilders, transportation companies, restaurant and hospitality providers, athletic complexes, fitness facilities and many other types of businesses. Snell & Wilmer’s venture capital and private equity practice covers multiple aspects of the transactional arena involving public and private companies, including the structuring and execution of majority buyouts and minority investments, acquisitions (including buy- and sell-side deals, as well as negotiated and auction deals), financings (including 144A transactions and PIPEs), going-private transactions, and spin-off transactions. Our venture capital and private equity attorneys advise both domestic and international funds, including venture capital, private equity, hedge, mezzanine, real estate opportunity, fund-of-funds, exchange, and other private investment funds.