Accounting technology funding: May 2025
In May 2025, 16 accounting technology companies announced funding. Their US$ rounds totalled US$667.35m; the largest was Rippling's US$450m Series G.
Five rounds were announced in other currencies and are not in the US$ figures; they are listed below.
2025 to dateUS$ raised in tracked rounds, cumulative
Tracked US$ rounds in 2025 reached US$1.56bn by the end of May. May added US$667.35m, more than any earlier month of 2025.
End of May
0
$500m
$1bn
$1.5bn
$2bn
2025 · US$1.56bnEnd of January2025: US$302.05m
End of February2025: US$445.35m
End of March2025: US$570.85m
End of April2025: US$896.35m
End of May2025: US$1.56bn
JanFebMarAprMayJunJulAugSepOctNovDec
Show the figures
| Month end | 2025 cumulative |
|---|---|
| January | US$302.05m |
| February | US$445.35m |
| March | US$570.85m |
| April | US$896.35m |
| May | US$1.56bn |
Rounds per monthTracked rounds in any currency, 2025
Accountio tracked 63 rounds in 2025 to the end of May, 16 of them in May.
0
5
10
15
20
17 roundsJanuary 2025
13 roundsFebruary 2025
6 roundsMarch 2025
11 roundsApril 2025
16 roundsMay 2025
JanFebMarAprMayJunJulAugSepOctNovDec
Show the figures
| Month | 2025 rounds |
|---|---|
| January | 17 |
| February | 13 |
| March | 6 |
| April | 11 |
| May | 16 |
May, round by roundIn order of announcement, with the 2025 running total of tracked US$ rounds
2025 running total, tracked US$ rounds
- 5 MayHubSyncGrowth roundUS$100mUS$996.35m so far in 2025US$996.35mTracked US$ rounds in 2025 after this round
- 5 MayRightRevSeries AUS$13mUS$1.01bn so far in 2025US$1.01bnTracked US$ rounds in 2025 after this round
- 8 MayCirculaSeries A extension€15mUS$1.01bn so far in 2025 · not in the US$ totalUS$1.01bnTracked US$ rounds in 2025 after this round
- 8 MayUna SoftwareSeedUS$4.4mUS$1.01bn so far in 2025US$1.01bnTracked US$ rounds in 2025 after this round
- 9 MayRipplingSeries GUS$450mUS$1.46bn so far in 2025US$1.46bnTracked US$ rounds in 2025 after this round
- 13 MayFlexPointSeries AUS$12mUS$1.48bn so far in 2025US$1.48bnTracked US$ rounds in 2025 after this round
- 13 MayHyperbotsSeries AUS$6.5mUS$1.48bn so far in 2025US$1.48bnTracked US$ rounds in 2025 after this round
- 13 MayCelerySeedUS$6.25mUS$1.49bn so far in 2025US$1.49bnTracked US$ rounds in 2025 after this round
- 14 MayPenzillaSeed€3.2mUS$1.49bn so far in 2025 · not in the US$ totalUS$1.49bnTracked US$ rounds in 2025 after this round
- 19 MayMiterRoundUS$23mUS$1.51bn so far in 2025US$1.51bnTracked US$ rounds in 2025 after this round
- 20 MayOntikSeed€3.2mUS$1.51bn so far in 2025 · not in the US$ totalUS$1.51bnTracked US$ rounds in 2025 after this round
- 21 MayFiledPre-seed and SeedUS$17.2mUS$1.53bn so far in 2025US$1.53bnTracked US$ rounds in 2025 after this round
- 28 MayRilletSeries AUS$25mUS$1.55bn so far in 2025US$1.55bnTracked US$ rounds in 2025 after this round
- 28 MayOutminRound€4mUS$1.55bn so far in 2025 · not in the US$ totalUS$1.55bnTracked US$ rounds in 2025 after this round
- 29 MayUplinqSeries AUS$10mUS$1.56bn so far in 2025US$1.56bnTracked US$ rounds in 2025 after this round
- 29 MayGroundleySeed€970,000US$1.56bn so far in 2025 · not in the US$ totalUS$1.56bnTracked US$ rounds in 2025 after this round
Every roundLargest first
| Company | Stage | Amount | Lead investor | Category | More |
|---|---|---|---|---|---|
RipplingSan Francisco | Series G | US$450mValuation US$16.8bn | Not announced | Payroll | Profile |
HubSyncFranklin, Tennessee | Growth round | US$100m | Thoma Bravo | Practice Management | Directory listing |
RilletSan Francisco | Series A | US$25m | Sequoia Capital | ERP and General Ledger | ProfileAccountio article |
Miter | Round | US$23m | Bessemer Venture Partners and Coatue Management | Payroll | |
Filed | Pre-seed and Seed | US$17.2m | Northzone | Tax and Compliance | |
CirculaBerlin | Series A extension | €15m | Alstin Capital, Capnamic Ventures, Peak Capital, Wenvest Capital, Storm Ventures and CIBC Innovation Banking | Expense and Spend Management | Directory listing |
RightRev | Series A | US$13m | Cheyenne Ventures and Innovius Capital | Financial Close and Reconciliation | Profile |
FlexPoint | Series A | US$12m | Foundry Group | AP AR and Payments | |
UplinqScottsdale | Series A | US$10m | Next Coast Ventures | Bookkeeping | Profile |
HyperbotsDover, Delaware | Series A | US$6.5m | Arkam Ventures and Athera Venture Partners | AP AR and Payments | |
Celery | Seed | US$6.25m | Team8 | Audit | |
Una SoftwareToronto | Seed | US$4.4m | Staircase Ventures | FP&A and Forecasting | |
OutminDublin | Round | €4m | Praetura Ventures | Bookkeeping | ProfileAccountio article |
PenzillaMunich | Seed | €3.2m | Acadian Ventures and Delin Ventures | Payroll | Accountio article |
OntikLondon | Seed | €3.2m | Firstminute Capital | AP AR and Payments | |
GroundleyCopenhagen | Seed | €970,000 | Not announced | Expense and Spend Management |
