Accounting Companies
Latest Deals in Accounting
$31M
Onshore, an AI-powered tax platform based in New York, has raised $31 million in a Series B funding round led by FPV Ventures, with participation from Vertex Ventures, ADP Ventures, Y Combinator, and Restive Ventures. This funding brings the company's total to $46 million and aims to expand its services in U.S. tax and accounting. Onshore addresses the issue of unclaimed tax incentives by automating the process, resulting in 90% faster studies and 30-50% lower client costs, while identifying approximately 15% more eligible credits on average.Investors: FPV Ventures, Vertex Ventures, ADP Ventures, Y Combinator, Restive Ventures
$75M
San Francisco-based Accrual has secured $75 million in funding to enhance AI-native automation in accounting workflows. Led by General Catalyst, with participation from Pruven Capital and Edward Jones Ventures, the funding will help Accrual build its AI platform and onboard accounting firms. The platform aims to unify tax preparation and review, significantly reducing preparation time by over 85% and review time by up to 60%, addressing the inefficiencies in traditional accounting processes.Investors: General Catalyst, Pruven Capital, Edward Jones Ventures
$75M
Fieldguide, an AI-native platform for audit and advisory firms, has raised $75 million in a Series C funding round led by Goldman Sachs Alternatives, with participation from Geodesic and existing investors including Bessemer Venture Partners, 8VC, and Thomson Reuters. This funding increases Fieldguide's total funding to $125 million and values the company at $700 million.Investors: Goldman Sachs Alternatives, Geodesic, Bessemer Venture Partners, 8VC, Thomson Reuters
$75M
Accrual has secured $75 million in funding to enhance AI-driven automation for accounting firm workflows. The funding round was led by General Catalyst, with contributions from Pruven Capital, Edward Jones Ventures, and various industry executives. This financing will aid in product and AI development, team expansion, and onboarding new accounting firms as Accrual grows.Investors: General Catalyst, Pruven Capital, Edward Jones Ventures
$75M
Accrual, a San Francisco-based provider of an AI-native accounting platform, raised $75 million in funding. The round was led by General Catalyst, with participation from Pruven Capital, Edward Jones Ventures, and others. The company plans to use the funds to support product and AI development, team expansion, and onboarding accounting firms as it scales.Investors: General Catalyst, Pruven Capital, Edward Jones Ventures
$1M
Taxnova, a London, UK-based developer of an AI platform for R&D tax credit automation, raised $1 million in pre-seed funding. Key investors include a16z Speedrun, s16vc, and a group of 20 operators from companies like Miro. The funding will support Taxnova's participation in the a16z Speedrun accelerator program.Investors: a16z Speedrun, s16vc
$75M
Fieldguide, a San Francisco-based provider of an AI-native platform for audit and advisory, raised $75 million in Series C funding. The round was led by Goldman Sachs Alternatives, with participation from new investor Geodesic and existing investors including Bessemer Venture Partners, 8VC, and Thomson Reuters. This funding aims to enhance their offerings in the audit and advisory space.Investors: Goldman Sachs Alternatives, Geodesic, Bessemer Venture Partners, 8VC, Thomson Reuters
$5M
Paraglide AI has raised $5 million to enhance its platform that modernizes accounts receivable workflows using AI agents, which help companies collect cash more efficiently and lessen the manual workload for finance teams. The funding round was co-led by Bessemer Venture Partners and DN Capital, with additional participation from Nordic Web Ventures and Born Capital, aiming to automate and ensure timely payments for businesses.Investors: Bessemer Venture Partners, DN Capital, Nordic Web Ventures, Born Capital
$4.15M
Midship, a San Francisco-based provider of an AI-native platform for automating Sarbanes-Oxley testing and internal audit workflows, raised $4.15 million in seed funding. The round was led by Costanoa Ventures, with participation from Seguin Ventures and additional angel investors. The funds will be used to scale the team and accelerate adoption among public companies.Investors: Costanoa Ventures, Seguin Ventures
$4.15M
Midship, an AI-native platform, has raised $4.15 million in seed funding to automate Sarbanes-Oxley (SOX) testing and internal audit workflows, addressing the challenges of public-company compliance. The funding round was led by Costanoa Ventures, with participation from Seguin Ventures and additional angel investors.Investors: Costanoa Ventures, Seguin Ventures
$5M
Paraglide, an AI product for accounts receivable, has raised a $5 million seed round co-led by Bessemer Venture Partners and DN Capital. The company automates two-way billing communication, addressing the inefficiencies of traditional AR tools. Early customers report a 34% reduction in days sales outstanding (DSO). The funding will support Paraglide's expansion across Europe as demand for agentic automation in finance operations grows.Investors: Bessemer Venture Partners, DN Capital
$4.536M
Malmรถ-based startup Paraglide has raised โฌ4.2 million ($5 million) in seed funding to enhance its AI agents for accounts receivable, aimed at improving cash flow for finance teams. The funding round was co-led by Bessemer Venture Partners and DN Capital, with support from Born Capital and Nordic Web Ventures. Paraglide's AI agents automate billing communications, reducing days sales outstanding (DSO) by 34% for initial clients. The funding will accelerate development and support European expansion.Investors: Bessemer Venture Partners, DN Capital, Born Capital, Nordic Web Ventures
$5M
Paraglide, a Malmรถ, Sweden-based developer of an agentic AI product for accounts receivable, raised $5 million in seed funding. The round was co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital and Nordic Web Ventures. The company plans to use the funds to accelerate the development of its platform.Investors: Bessemer Venture Partners, DN Capital, Born Capital, Nordic Web Ventures
$189M
Pennylane has raised โฌ175 million in a funding round led by TCV and Blackstone Growth, with participation from Sequoia Capital, DST Global, CapitalG, and Meritech Capital. The company aims to establish itself as a leading 'financial operating system' for European businesses, achieving a valuation of $4.25 billion.Investors: TCV, Blackstone Growth, Sequoia Capital, DST Global, CapitalG, Meritech Capital