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Accounting Startups Continue To Tally Up Funding


Accounting Startups Continue To Tally Up Funding
Apr, 30, 2024
< 1 min read
by Crunchbase
Accounting Startups Continue To Tally Up Funding

A few months ago, we wrote about an uptick in accounting-related startup investment, much of it driven by AI-enabled applications.

As it turns out, that investment theme continues to resonate, with more large financings in the past few weeks.

Most recently, Ageras, a Copenhagen-based accounting platform provider, picked up $88 million Tuesday in a growth round led by Investcorp.

A couple of weeks earlier, FloQast, a provider of accounting workflow automation tools, announced a $100 million Series E financing led by Iconiq Growth. Another $100 million round, for audit automation provider DataSnipper and led by Index Ventures, closed a few weeks prior to that.

Overall, more than $450 million in venture funding this year alone has gone to companies in accounting-related categories in the Crunchbase dataset. For a sense of where the most has gone in recent quarters, we curated a list of funded companies that last raised in 2023 or 2024.

Related Crunchbase Pro list:

  • Accounting-Related Recently Funded Startups

Related reading:

  • AI Will Be Doing More Accounting If Startup Investors Have Their Way

Illustration: Dom Guzman

Read the article at Crunchbase

Read More

CyberArk Buys Thoma Bravo-Backed Venafi For $1.5B

CyberArk Buys Thoma Bravo-Backed Venafi For $1.5B

CyberArk Software has agreed to buy machine identity company Venafi for $1.5 billion,...
May, 20, 2024
1 min read
by Crunchbase
The 49-Year Unicorn Backlog

The 49-Year Unicorn Backlog

If the current sluggish pace of IPOs and acquisitions continues, it would take decade...
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3 min read
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CryptoRankNewsAccounting S...

Accounting Startups Continue To Tally Up Funding


Accounting Startups Continue To Tally Up Funding
Apr, 30, 2024
< 1 min read
by Crunchbase
Accounting Startups Continue To Tally Up Funding

A few months ago, we wrote about an uptick in accounting-related startup investment, much of it driven by AI-enabled applications.

As it turns out, that investment theme continues to resonate, with more large financings in the past few weeks.

Most recently, Ageras, a Copenhagen-based accounting platform provider, picked up $88 million Tuesday in a growth round led by Investcorp.

A couple of weeks earlier, FloQast, a provider of accounting workflow automation tools, announced a $100 million Series E financing led by Iconiq Growth. Another $100 million round, for audit automation provider DataSnipper and led by Index Ventures, closed a few weeks prior to that.

Overall, more than $450 million in venture funding this year alone has gone to companies in accounting-related categories in the Crunchbase dataset. For a sense of where the most has gone in recent quarters, we curated a list of funded companies that last raised in 2023 or 2024.

Related Crunchbase Pro list:

  • Accounting-Related Recently Funded Startups

Related reading:

  • AI Will Be Doing More Accounting If Startup Investors Have Their Way

Illustration: Dom Guzman

Read the article at Crunchbase

Read More

CyberArk Buys Thoma Bravo-Backed Venafi For $1.5B

CyberArk Buys Thoma Bravo-Backed Venafi For $1.5B

CyberArk Software has agreed to buy machine identity company Venafi for $1.5 billion,...
May, 20, 2024
1 min read
by Crunchbase
The 49-Year Unicorn Backlog

The 49-Year Unicorn Backlog

If the current sluggish pace of IPOs and acquisitions continues, it would take decade...
May, 20, 2024
3 min read
by Crunchbase