Accounting TechnologyFunding Report July 2020
July 2020Published 1 August 2020
Accounting and finance software companies raised US$90.5m across 5 rounds in July, down 19% on June's US$112m. Payables and receivables and FP&A and forecasting took the largest shares.
US$90mRaisedin July
5Rounds10 in June
US$60mLargestTaulia
US$1.73bn2020 so far
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Raised each month
All rounds by month, US$ millions
Where the money went
By product area, US$ millions
Payables and receivables$74.1m
FP&A and forecasting$8.3m
Document capture$5.2m
Payroll$3m
Top investors
July, rounds led or joined
- Information Venture Partners 1 round, led
- Ping An Global Voyager Fund 1 round, led
- QED Investors 1 round, led
- Rabo Frontier Ventures 1 round, led
- Viola Ventures 1 round, led
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Led by | Product area |
|---|---|---|---|---|
| Taulia | US$60m | Funding round | Ping An Global Voyager Fund | Payables and receivables |
| Candis | €12m | Series B | Viola Ventures, Rabo Frontier Ventures | Payables and receivables |
| Jirav | US$8.3m | Series A | Information Venture Partners | FP&A and forecasting |
| Cevinio | €4.5m | Funding round | Document capture | |
| Worky | US$3m | Seed round | QED Investors | Payroll |
How it’s compiled
- Every funding round announced
- Software for accountants and CFOs
- Rounds as announced, totals in US$
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