Accounting TechnologyFunding Report December 2022
December 2022Published 1 January 2023
Accounting and finance software companies raised US$224m across 12 rounds in December, up 88% on November's US$120m. Payables and receivables and bookkeeping took the largest shares.
US$220mRaisedin December
12Rounds7 in November
US$52mLargestVic.ai
US$7.16bn2022 total
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Raised each month
All rounds by month, US$ millions
Where the money went
By product area, US$ millions
Payables and receivables$117m
Bookkeeping$45.6m
Payroll$32m
Finance staffing$12.5m
Tax and compliance$8.5m
Treasury$8.5m
Top investors
December, rounds led or joined
- AZ-VC 1 round, led
- Bessemer Venture Partners 1 round, led
- Blockchain Capital 1 round, led
- Centana Growth Partners 1 round, led
- Eleven Ventures 1 round, led
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Led by | Product area |
|---|---|---|---|---|
| Vic.ai | US$52m | Series C | GGV Capital, ICONIQ Growth | Payables and receivables |
| MarginEdge | US$45m | Series C | Ten Coves Capital | Payables and receivables |
| Osome | US$25m | Series B | Bookkeeping | |
| Bayzat | US$25m | Series C | Payroll | |
| Plooto | US$20m | Series B | Centana Growth Partners | Payables and receivables |
| Bitwave | US$15m | Series A | Hack VC, Blockchain Capital | Bookkeeping |
| Uniqus Consultech | US$12.5m | Series A | Nexus Venture Partners | Finance staffing |
| Fiscozen | €8m | Series A | Keen Venture Partners | Tax and compliance |
| Nilus | US$8.5m | Seed round | Bessemer Venture Partners | Treasury |
| Uplinq | US$5.6m | Seed round | AZ-VC | Bookkeeping |
| AllWork | US$4.9m | Series A | Fintop Capital | Payroll |
| Native Teams | €2m | Seed round | Eleven Ventures | Payroll |
How it’s compiled
- Every funding round announced
- Software for accountants and CFOs
- Rounds as announced, totals in US$
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