The world of finance is undergoing a digital evolution, and accounting startups are leading the charge. These 15 high-growth companies have raised between $10M and $50M to automate processes, enhance compliance, and bring real-time intelligence to financial operations.
From AI-powered bookkeeping to next-gen tax platforms, they’re transforming how businesses manage money in an increasingly complex economy.
The Future of Financial Services Is Here
Discover the firms streamlining finance and reshaping accounting for the digital age.
| Company Name | Founded | Location | Employees | Last Funding Amount | Last Funding Date | Total Funding |
|---|---|---|---|---|---|---|
| Basis | 2023 | New York, NY | 1-10 | $34M | Dec 17, 2024 | $37.6M |
| Chargezoom | 2020 | Salt Lake City, UT | 1-10 | $11.5M | Dec 16, 2024 | $18M |
| Numeric | 2021 | San Francisco, CA | 11-50 | $28M | Oct 10, 2024 | $38M |
| LiveFlow | 2021 | New York, NY | 11-50 | $13.5M | Sep 24, 2024 | $20.8M |
| Rillet | 2021 | Palo Alto, CA | 11-50 | $13.5M | Jul 29, 2024 | $13.5M |
| Tola | 2022 | San Francisco, CA | 11-50 | $10.2M | Oct 31, 2024 | $10.2M |
| TigerBeetle | 2022 | San Francisco, CA | 1-10 | $23.99M | Jun 11, 2024 | $30.4M |
| Fondo | 2020 | San Francisco, CA | 51-100 | $7M | Oct 28, 2024 | $10M |
| Ember | 2019 | London, UK | 11-50 | £5M | May 17, 2024 | £10.85M |
| Wafeq | 2019 | Dubai, UAE | 11-50 | $7.5M | Dec 10, 2024 | $10.5M |
| Sleek | 2017 | Singapore | 251-500 | $5M | Sep 25, 2024 | $39M |
| Supervizor | 2016 | Paris, France | 51-100 | €20M | May 28, 2024 | €23M |
| Pemo | 2022 | Dubai, UAE | 11-50 | $7M | Nov 13, 2024 | $19M |
| Light | 2023 | Copenhagen, Denmark | 11-50 | $13M | Jun 12, 2024 | $13M |
| M bank | 2022 | Ulaanbaatar, Mongolia | 101-250 | $30M | May 8, 2024 | $30M |
1. Basis
- Founded: 2023
- Location: New York, New York
- Industry: Accounting
- Number of Employees: 1-10
- Last Funding Amount: $34M (Latest Round: December 17, 2024)
- Total Funding Amount: $37.6M
Basis is an innovative accounting startup focused on transforming the financial management landscape for businesses through cutting-edge technology. The company leverages artificial intelligence and automation to streamline accounting processes, reduce errors, and provide real-time insights into financial health.
With a strong commitment to improving efficiency and accuracy, Basis aims to simplify accounting for businesses of all sizes. By integrating modern tools into traditional financial practices, companies are helping optimize their financial operations and make data-driven decisions for sustainable growth.
2. Chargezoom
- Founded: October 18, 2020
- Location: Salt Lake City, Utah
- Industry: Accounting
- Number of Employees: 1-10
- Last Funding Amount: $11.5M (Latest Round: December 16, 2024)
- Total Funding Amount: $18M
Chargezoom is a forward-thinking accounting and payment automation platform designed to help businesses simplify their billing and invoicing processes. By combining intelligent payment solutions with comprehensive accounting tools, Chargezoom enables businesses to seamlessly manage transactions, reduce administrative overhead, and improve cash flow.
With its focus on automation, Chargezoom aims to optimize financial workflows and enhance overall financial visibility. This innovative approach allows companies to focus more on growth and less on manual accounting tasks, positioning Chargezoom as a leader in the future of business financial operations.
3. Numeric
- Founded: May 1, 2021
- Location: San Francisco, California
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $28M (Latest Round: October 10, 2024)
- Total Funding Amount: $38M
Numeric is an innovative accounting platform designed to simplify and streamline financial processes for businesses. The company combines modern technology with expert accounting services, offering businesses an integrated solution for managing their finances, ensuring compliance, and providing valuable financial insights.
With a strong focus on automation and real-time data analytics, Numeric helps businesses improve financial accuracy, reduce administrative burdens, and make smarter, data-driven decisions. Through its platform, Numeric is transforming the way businesses handle accounting, making financial management more efficient and accessible.
4. LiveFlow
- Founded: 2021
- Location: New York, New York
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $13.5M (Latest Round: September 24, 2024)
- Total Funding Amount: $20.8M
LiveFlow is a dynamic accounting platform that enables businesses to automate and optimize their financial reporting processes. The company offers tools that integrate with financial data sources, providing real-time insights into cash flow, budgeting, and financial performance.
By simplifying complex accounting tasks and streamlining workflows, LiveFlow empowers businesses to make informed decisions quickly and efficiently. With a focus on automation, data-driven reporting, and collaboration, LiveFlow is reshaping the way businesses approach financial management in a fast-paced, data-centric world.
5. Rillet
- Founded: 2021
- Location: Palo Alto, California
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $13.5M (Latest Round: July 29, 2024)
- Total Funding Amount: $13.5M
Rillet is a cutting-edge accounting and financial management platform that focuses on helping businesses automate and streamline their financial workflows. The company offers innovative tools that integrate with various financial data sources, providing businesses with real-time financial insights, simplifying accounting processes, and improving operational efficiency.
With its commitment to data accuracy, automation, and ease of use, Rillet aims to empower businesses to make better financial decisions, save time, and reduce errors. By enhancing financial transparency and simplifying accounting tasks, Rillet is transforming the way businesses manage their finances.
6. Tola
- Founded: 2022
- Location: San Francisco, California
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $10.2M (Latest Round: October 31, 2024)
- Total Funding Amount: $10.2M
Tola is an innovative accounting platform designed to simplify businesses’ financial management. The company focuses on automating routine accounting tasks, enhancing data accuracy, and providing actionable insights into financial performance. By offering an intuitive interface and real-time reporting, Tola helps businesses save time, reduce errors, and make informed financial decisions.
With its modern approach to accounting, Tola is empowering businesses to improve their financial workflows and ensure greater efficiency in managing their finances, all while keeping costs low and productivity high.
7. TigerBeetle
- Founded: August 29, 2022
- Location: San Francisco, California
- Industry: Accounting
- Number of Employees: 1-10
- Last Funding Amount: $23.99M (Latest Round: June 11, 2024)
- Total Funding Amount: $30.4M
TigerBeetle is a cutting-edge accounting technology company that focuses on revolutionizing financial systems for businesses. The company offers high-performance, scalable solutions that enable businesses to process and manage accounting data more efficiently and accurately.
TigerBeetle’s platform is designed to handle complex accounting needs, ensuring reliability and speed while maintaining a focus on simplicity and automation. By integrating advanced technology and offering robust real-time capabilities, TigerBeetle aims to empower businesses to better manage their financial processes, reduce manual errors, and streamline accounting workflows.
8. Fondo
- Founded: 2020
- Location: San Francisco, California
- Industry: Accounting
- Number of Employees: 51-100
- Last Funding Amount: $7M (Latest Round: October 28, 2024)
- Total Funding Amount: $10M
Fondo is a leading accounting technology company focused on simplifying financial operations for growing businesses. With its intuitive platform, Fondo helps companies streamline their accounting workflows, automate manual tasks, and improve financial transparency.
The company offers powerful tools for financial reporting, data analysis, and bookkeeping, helping businesses save time and reduce errors. Fondo’s user-friendly interface and scalable solutions are designed to meet the needs of small and medium-sized enterprises (SMEs) looking for efficient and reliable financial management tools.
9. Ember
- Founded: February 2019
- Location: London, England, United Kingdom
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: £5M (Latest Round: May 17, 2024)
- Total Funding Amount: £10.85M
Ember is a dynamic accounting platform that focuses on providing businesses with efficient, automated financial management tools. With a focus on helping companies streamline accounting processes, Ember’s platform simplifies bookkeeping, reporting, and financial analysis through user-friendly technology.
Designed for small to medium-sized businesses, Ember’s solutions enable businesses to track expenses, generate accurate reports, and make data-driven decisions. The platform emphasizes automation and real-time insights, which reduces manual accounting work and enhances financial transparency for its users.
10. Wafeq
- Founded: 2019
- Location: Dubai, United Arab Emirates
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $7.5M (Latest Round: December 10, 2024)
- Total Funding Amount: $10.5M
Wafeq is a cutting-edge accounting platform tailored for businesses in the Middle East, helping them automate financial processes and improve operational efficiency. Focused on delivering intuitive accounting solutions, Wafeq simplifies bookkeeping, invoicing, and tax management for businesses of all sizes.
By providing easy-to-use tools for managing financial data, Wafeq allows businesses to maintain accurate financial records, track expenses, and prepare tax filings with minimal effort. The platform is designed to help entrepreneurs, small businesses, and growing enterprises enhance their financial management capabilities, reduce manual work, and ensure compliance with local regulations.
11. Sleek
- Founded: May 2017
- Location: Singapore, Central Region, Singapore
- Industry: Accounting
- Number of Employees: 251-500
- Last Funding Amount: $5M (Latest Round: September 25, 2024)
- Total Funding Amount: $39M
Sleek is a leading accounting platform offering comprehensive financial solutions for businesses in Southeast Asia. The platform specializes in providing cloud-based accounting, tax, and corporate services designed to streamline operations and enhance financial transparency.
With a focus on simplifying accounting and compliance, Sleek helps businesses manage their financial data efficiently while ensuring they remain compliant with local regulations. It provides services ranging from bookkeeping and tax filings to corporate secretarial and payroll management, making it an all-in-one solution for businesses looking to optimize their financial workflows.
12. Supervizor
- Founded: 2016
- Location: Paris, Ile-de-France, France
- Industry: Accounting
- Number of Employees: 51-100
- Last Funding Amount: €20M (Latest Round: May 28, 2024)
- Total Funding Amount: €23M
Supervizor is an innovative accounting platform that aims to provide efficient and scalable financial services for businesses. By utilizing cutting-edge technology, the company automates core accounting processes, offering businesses a streamlined approach to financial management.
Supervizor’s solutions are designed to simplify tax filings, bookkeeping, and financial reporting, helping businesses stay compliant while focusing on growth. The platform’s user-friendly interface and smart automation tools ensure a seamless experience for companies seeking to optimize their accounting practices, making it a trusted partner for businesses across France and beyond.
13. Pemo
- Founded: 2022
- Location: Dubai, Dubai, United Arab Emirates
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $7M (Latest Round: Nov 13, 2024)
- Total Funding Amount: $19M
Pemo is a financial platform focused on empowering businesses with intelligent accounting and financial management solutions. Designed to help companies manage their spending, payments, and financial workflows seamlessly, Pemo streamlines operations, ensuring greater financial visibility and control.
By automating financial processes and offering actionable insights, Pemo allows businesses to improve efficiency and make more informed financial decisions. With a focus on simplicity, transparency, and innovation, Pemo is becoming a key player in transforming how organizations in the UAE and globally manage their finances.
14. Light
- Founded: 2023
- Location: Copenhagen, Hovedstaden, Denmark
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $13M (Latest Round: Jun 12, 2024)
- Total Funding Amount: $13M
Light is an innovative accounting company focused on transforming how businesses manage their financial processes. Offering automated and AI-driven solutions, Light helps companies improve financial efficiency, enhance transparency, and reduce manual workloads. By providing an intuitive platform for accounting tasks, it simplifies complex financial workflows, allowing businesses to focus on growth and strategic decision-making. With its strong funding backing, Light is poised to make a significant impact in the accounting technology space.
15. M bank
- Founded: May 2022
- Location: Ulaanbaatar, Ulaanbaatar, Mongolia
- Industry: Accounting
- Number of Employees: 101-250
- Last Funding Amount: $30M (Latest Round: May 8, 2024)
- Total Funding Amount: $30M
M bank is a prominent accounting services provider in Mongolia, leveraging modern financial technologies to help businesses and individuals streamline their financial management. With a large workforce and substantial funding, the company is dedicated to delivering cutting-edge accounting solutions, from bookkeeping to complex financial analysis. Their innovative approach allows clients to gain insights, optimize their financial operations, and stay ahead in a rapidly changing economic landscape. M bank’s focus on growth and technological advancement positions it as a leader in the Mongolian accounting sector.
Conclusion
With fresh investments ranging from $10M to $50M, these 15 accounting startups are driving major advancements in financial technology. From AI-powered automation to real-time analytics, they’re simplifying processes and empowering businesses to manage finances more efficiently than ever before. As demand grows for smarter financial tools, these innovators are poised to lead the next wave of digital finance transformation.
FAQs
Q: How are accounting startups using AI to improve financial services?
A: AI-powered automation reduces manual tasks, detects anomalies, improves forecasting, and enhances financial reporting accuracy, saving time and minimizing errors.
Q: What industries benefit the most from innovative accounting solutions?
A: Businesses in e-commerce, SaaS, fintech, healthcare, and retail benefit significantly from automated financial tools that optimize cash flow and compliance.
Q: How does cloud-based accounting improve financial management?
A: Cloud solutions provide real-time access, seamless collaboration, and data security, ensuring businesses can manage finances efficiently from anywhere.