Accounting is being transformed by a new wave of fintech startups. With over $100M in funding, these companies are using AI, automation, and real-time data to simplify everything from bookkeeping to audits. They’re not just improving finance—they’re reshaping it.
Meet the Game-Changers | 10 Accounting Startups Transforming Finance
These 10 startups are building smarter, faster, and more scalable financial tools. Backed by major investments, they’re leading the charge in the future of accounting.
Let’s take a look at who’s changing the game.
| Company Name | Founded | Location | Employees | Last Funding Amount | Last Funding Date | Total Funding |
|---|---|---|---|---|---|---|
| DoorLoop | 2019 | Miami, Florida, USA | 101-250 | $100M | Oct 29, 2024 | $130M |
| TaxBit | 2018 | Draper, Utah, USA | 251-500 | — | Apr 25, 2024 | $253.36M |
| Aiwyn | 2020 | Charlotte, NC, USA | 11-50 | $113M | Dec 19, 2024 | $127M |
| DataSnipper | 2017 | Amsterdam, The Netherlands | 101-250 | $100M | Feb 1, 2024 | $100M |
| Float Financial | 2019 | Toronto, Ontario, Canada | 51-100 | CA$70M | Dec 6, 2024 | $121.18M |
| Moss | 2019 | Berlin, Germany | 251-500 | — | Jun 7, 2024 | $203.58M |
| Souhoola | 2019 | Cairo, Al Qahirah, Egypt | 101-250 | EGP478M | Nov 25, 2024 | EGP478M |
| Paytner | 2019 | Akasaka, Tokyo, Japan | 1-10 | ¥1.2B | Aug 8, 2024 | ¥3.98B |
| Wewill | 2017 | Hamamatsu, Shizuoka, Japan | 1-10 | ¥246M | Dec 9, 2024 | ¥246M |
| SoVa | 2019 | Tokyo, Tokyo, Japan | — | ¥280M | Aug 21, 2024 | ¥280M |
1. DoorLoop
- Founded: 2019
- Location: Miami, Florida
- Industry: Accounting
- Number of Employees: 101-250
- Last Funding Amount: $100M (Latest Round: October 29, 2024)
- Total Funding Amount: $130M
DoorLoop is a rapidly growing accounting and property management software company that simplifies financial tracking and lease management for landlords, property managers, and real estate professionals. With a strong emphasis on automation and user-friendly solutions, the platform enables seamless rent collection, expense tracking, and financial reporting. Backed by significant funding, DoorLoop is expanding its capabilities to revolutionize the real estate accounting landscape, offering cutting-edge tools to enhance efficiency and profitability in property management.
2. TaxBit
- Founded: 2018
- Location: Draper, Utah
- Industry: Accounting
- Number of Employees: 251-500
- Last Funding Amount: Non-disclosure (Latest Round: April 25, 2024)
- Total Funding Amount: $253.36M
TaxBit is a leading accounting and tax compliance platform designed to simplify tax reporting for cryptocurrency and digital assets. It automates tax calculations for individuals, enterprises, and government agencies, ensuring compliance with evolving tax regulations. With substantial funding, TaxBit continues to expand its capabilities, offering solutions that integrate seamlessly with exchanges, financial institutions, and tax authorities to streamline digital asset accounting.
3. Aiwyn
- Founded: 2020
- Location: Charlotte, North Carolina
- Industry: Accounting
- Number of Employees: 11-50
- Last Funding Amount: $113M (Latest Round: December 19, 2024)
- Total Funding Amount: $127M
Aiwyn is an AI-powered financial platform that helps accounting firms optimize billing, payments, and cash flow management. By leveraging automation and machine learning, Aiwyn streamlines revenue operations, reduces manual work, and improves overall efficiency for professional service firms. With significant funding, the company is expanding its AI-driven solutions to support financial professionals with smarter, faster, and more reliable accounting processes.
4. DataSnipper
- Founded: 2017
- Location: Amsterdam, Noord-Holland, The Netherlands
- Industry: Accounting
- Number of Employees: 101-250
- Last Funding Amount: $100M (Latest Round: February 1, 2024)
- Total Funding Amount: $100M
DataSnipper is an AI-powered audit and financial documentation platform designed to automate data extraction, verification, and analysis for accountants and auditors. By integrating with Excel, DataSnipper enhances productivity, reduces manual errors, and streamlines financial workflows. With a recent $100 million funding round, the company is expanding its capabilities, improving AI-driven document processing, and scaling operations to support global accounting firms.
5. Float Financial
- Founded: 2019
- Location: Toronto, Ontario, Canada
- Industry: Accounting
- Number of Employees: 51-100
- Last Funding Amount: CA$70M (Latest Round: December 6, 2024)
- Total Funding Amount: $121.18M
Float Financial is a spend management platform designed to help businesses automate and control corporate expenses. It provides corporate cards, real-time expense tracking, and accounting integrations to streamline financial operations. With its latest funding round of CA$70 million, Float aims to expand its market reach, enhance product offerings, and further develop AI-powered financial automation tools.
6. Moss
- Founded: 2019
- Location: Berlin, Germany
- Industry: Accounting
- Number of Employees: 251-500
- Last Funding Amount: Non-disclosure (Latest Round: June 7, 2024)
- Total Funding Amount: $203.58M
Moss is a financial management platform that offers smart corporate credit cards, expense tracking, invoice management, and automated accounting solutions. The company primarily serves small and medium-sized businesses (SMBs) by helping them streamline financial processes and optimize cash flow. With over $200 million in total funding, Moss continues to expand its market presence across Europe and enhance its AI-driven financial tools.
7. Souhoola
- Founded: 2019
- Location: Cairo, Al Qahirah, Egypt
- Industry: Accounting
- Number of Employees: 101-250
- Last Funding Amount: EGP478M (Latest Round: November 25, 2024)
- Total Funding Amount: EGP478M
Souhoola is a fintech company offering financial and accounting solutions, with a particular focus on enabling businesses in Egypt and the broader Middle East and North Africa (MENA) region to manage their finances more effectively. Through its platform, Souhoola provides tools for expense management, accounting automation, and financial reporting, helping companies of various sizes optimize their operations. The company’s latest round of funding reflects its growing influence in the region’s fintech landscape.
8. Paytner
- Founded: February 4, 2019
- Location: Akasaka, Tokyo, Japan
- Industry: Accounting
- Number of Employees: 1-10
- Last Funding Amount: ¥1.2B (Latest Round: August 8, 2024)
- Total Funding Amount: ¥3.98B
Paytner is a Japanese company offering innovative accounting solutions, focusing on automating and simplifying financial operations for businesses. With a compact team, Paytner has made strides in streamlining accounting processes, especially for small and medium enterprises (SMEs) in Japan. The recent funding has helped expand their offerings and improve their platform, catering to businesses looking for efficient accounting tools in the fast-evolving fintech sector.
9. Wewill
- Founded: October 2, 2017
- Location: Hamamatsu, Shizuoka, Japan
- Industry: Accounting
- Number of Employees: 1-10
- Last Funding Amount: ¥246M (Latest Round: December 9, 2024)
- Total Funding Amount: ¥246M
Wewill is a small but dynamic accounting startup in Japan, focusing on providing tailored accounting solutions for businesses. Despite having a small team, the company has made significant strides with its innovative approach to automating and improving the efficiency of financial processes for its clients. The recent funding boost will help expand its services and enhance its platform to cater to a wider range of businesses in Japan’s accounting and financial sectors.
10. SoVa
- Founded: September 2019
- Location: Tokyo, Tokyo, Japan
- Industry: Accounting
- Number of Employees: —
- Last Funding Amount: ¥280M (Latest Round: August 21, 2024)
- Total Funding Amount: ¥280M
SoVa is an emerging accounting startup in Japan, focusing on offering innovative solutions to streamline financial operations for businesses. Despite its recent establishment, the company has quickly gained attention for its efficient and effective approach to accounting automation. The recent funding will likely support its efforts in scaling its technology and expanding its presence in the Japanese market.
Conclusion
With over $100M in funding, these 10 accounting startups are reshaping fintech by automating financial tasks and enhancing real-time decision-making. Their solutions simplify bookkeeping, payroll, and compliance, helping businesses operate more efficiently. As finance becomes increasingly digital, these startups are set to play a key role in driving smarter, faster, and more strategic financial management.
FAQs
Q. What are the key drivers behind the $ 100 M+ funding for accounting startups?
A. The significant funding is driven by the growing demand for innovative solutions that automate financial processes, enhance accuracy, and offer real-time insights. These startups are tapping into the need for faster, more efficient, and scalable solutions in the accounting space.
Q. How are accounting startups changing the way businesses manage finances?
A. Accounting startups are using technologies like AI, automation, and cloud computing to simplify and streamline financial tasks such as bookkeeping, payroll, and tax reporting, making them more efficient, cost-effective, and accessible for businesses.
Q. How does automation improve the accounting process?
A. Automation reduces the time spent on repetitive and manual tasks, such as invoicing, tax calculations, and payroll, while also minimizing errors. This results in more accurate financial records and allows businesses to focus on higher-value activities.