accounting

Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts.

Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK

For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a…

Spain’s Embat, which has raised $16M, plans to compete with Trovata in real-time accounting

FlowFi combines technology with financial experts to go beyond traditional bookkeeping to show founders essential non-GAAP financial metrics. 

FlowFi takes in first funding to give founders insight into financials

Just like clockwork, Pennylane is raising another €40 million ($43 million at today’s exchange rate). This new funding round comes after the accounting startup raised €4 million in 2020, €15…

Accounting software startup Pennylane becomes France’s latest unicorn

In the last year, the company introduced an artificial intelligence-powered ledger, offered business banking functions and built a new version of its bookkeeping app.

Finally, now with $10M, adds AI for better insight into small business accounting

U.S. repairable laptop maker Framework has confirmed that hackers accessed customer data after successfully phishing an employee at its accounting service provider. In an email sent to affected customers, Framework…

Framework says hackers accessed customer data after phishing attack on accounting partner

Acctual has raised $3.85 million in seed funding at a $15 million post-money valuation to help crypto startups manage their money, the company’s co-founder and CEO Atikh Bana exclusively told…

Acctual raises $3.85M to help crypto companies better manage their bills

French startup Indy has recently closed a new funding round of $44 million (€40 million), with BlackFin Capital Partners leading the round. Indy started as an automated accounting platform for…

Indy raises $44 million to simplify taxes and paperwork for freelancers

Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t…

After bootstrapping for 8 years, accounting startup Dougs raises $27 million

In 2015, Michael Burdick and Dan Wywrot, who’d spent years working at large accounting firms, founded a startup — Paro — to deliver finance and accounting solutions to businesses through…

Paro raises $25M to match freelance financial experts with firms

Isaac Heller and Amir Boldo spent over ten years in finance across private equity-backed and pre-IPO companies. At these firms, they dealt with CFOs who wanted to save money by…

Accounting automation startup Trullion lands $15M investment

When it comes to the closing process in financial and accounting reporting, what can and should be automated?

How to solve the financial close dilemma: 3 strategies that never fail

Osome is a financial admin platform that helps business owners with administrative tasks like payroll, accounting and tax reporting. The company announced today it has raised a $25 million Series…

Singapore-based financial admin platform Osome raises $25M Series B

Businesses usually plot their growth strategies on spreadsheets, but Drivetrain wants to provide a faster alternative for financial planning and decision-making. The startup, which calls itself “Google Maps for business…

Drivetrain is the “Google Maps for business growth”

No matter what mayhem is going on in the markets, every company needs to stay on top of its accounting practices — especially in crypto, where the decentralized nature of…

Tactic’s $11M raise shows even when cryptocurrencies are down, companies still need to count ’em up

French startup Regate has raised a $20 million Series A funding round (€20 million) led by Valar Ventures. The company has built a modern software-as-a-service product that integrates directly with…

Regate modernizes accounting and financial tools

Despite all the talk about cash, early-stage companies rarely scrutinize their inflows and outflows at a level that can unlock peak efficiency.

It’s time to get technical with your cash flow

Although finance teams ultimately control budgets within their companies, investment in technology under the chief financial officer’s purview had been limited — at least until recently. That’s the assertion of…

Tesorio’s tools aim to help businesses automate payments collection

French startup Pennylane has raised a $57 million Series B round (€50 million) from existing investors, such as Sequoia Capital (leading the round), Global Founders Capital and Partech. The startup…

Pennylane wants to overhaul the accounting tech stack in France

Klarity replaces humans for tasks that require large-scale document review, including accounting order forms, purchase orders and agreements.

Klarity lands $18M to read scores of documents so you don’t have to

Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round, alongside a redesign and rebranding.

Rho raises $75 million Series B for its one-stop corporate spend and cash management solution

The company intends to build out several SaaS applications and is poised to roll out its first two modules for revenue and accounts receivables by the end of the year.

Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies

Stripe, the outsized fintech out of San Francisco that is valued at $95 billion, is making another acquisition to expand the services it offers alongside its core payments product. The…

Stripe acquires Recko, its first acquisition in India, to add reconciliation to its payment services stack

Intuit Ventures will identify growth opportunities and trends beneficial for Intuit’s key customers — small businesses and consumers.

Intuit launches venture arm to invest in startups with innovation for small businesses, consumers

Spenmo originated as an expense management platform before realizing that expenses “are just a tiny sliver” of a company’s payables, founder and CEO Mohandass Kalaichelvan told TechCrunch. Financial teams also…

Insight Partners leads $34M round in Singapore-based fintech Spenmo

Pry Financials wants to make startup finances approachable for its entire team, not just the people in charge of its accounting spreadsheets. The Y Combinator alum announced today it has…

Pry Financials raises $4.2M to make startup accounting more approachable

Osome, a startup that combines multiple corporate services for SMEs into one “superapp,” has raised a $16 million Series A. The round included returning investors Target Global, AltaIR Capital and…

Corporate services “superapp” Osome lands $16M Series A

If you’ve ever been self-employed you know what a pain it is to keep up with the hassles of running a business. From bookkeeping to invoicing to paying taxes —…

Ex-Square execs launch Found to help the self-employed, raise $12.75M from Sequoia

Artificial intelligence has become a fundamental cornerstone of how a lot of business software works, providing a useful boost in reading, understanding and using the often-fragmented trove of data that…

Blue dot raises $32M for AI that helps businesses manage their tax accounting

Accounting isn’t a topic that most people can get excited about — probably not even most accountants. But if you’re running any kind of business, there’s just no way around…

Docyt raises $1.5M for its ML-based accounting automation platform