LeaseQuery CEO and UTC 2020 Speaker George Azih Secures $40 Million Investment

Plug In South LA is proud to welcome LeaseQuery founder and CEO George Azih to our growing speaker lineup for Urban Tech Connect 2020. Azih is an expert on lease accounting, and his company recently received a $40 million investment from Goldman Sachs.

Azih graduated from the Terry College of Business at the University of Georgia with a BS in accounting. Before founding LeaseQuery, he worked as a senior auditor at a CPA firm, and performed accounting research and technical accounting for a Fortune 500 company.

New lease accounting standards are incredibly complex, and accountants found themselves searching for purpose-built software to comply, Azih says. In response, LeaseQuery developed CPA-approved software and an implementation process to help accountants and other finance professionals eliminate the lease accounting errors that lead to material misstatements.

Azih’s company reported 708% year-over-year revenue growth in 2018, and opened a new office last year. Their client base grew from 500 companies at the end of 2018 to nearly 1,000 in late 2019. LeaseQuery also won a 2019 Pacesetter Award for its impressive expansion.

In November, the company secured Series A funding from Goldman Sachs’ Merchant Banking Division. “George and his team are a prime example of an executive team that is succeeding by bringing innovation to space that is in need of disruption,” Goldman Sachs’ chief strategy officer Stephanie Cohen said at the time.

Now Azih is joining the speaker lineup for Urban Tech Connect 2020, where he’ll share fundraising insights and discuss industry-disrupting tech development. This May, Azih takes the stage at the Nate Holden Performing Arts Center in Los Angeles along with MISLA founder Cassie Betts, OPV partner Austin Clements, SoLo Funds CEO Travis Holoway, Squad CEO Isa Watson, Lisnr CCO Rodney Williams, and other pros.

Urban Tech Connect empowers the next generation of South Los Angeles founders and entrepreneurs. This year, the conference expanded to two days, and more than 700 attendees are expected to bridge the gap of diverse ideation in technology. Register to attend here.

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