Accounting TechnologyFunding Report November 2024
November 2024Published 1 December 2024
Accounting and finance software companies raised US$122m across 9 rounds in November, down 81% on October's US$652m. Treasury and payables and receivables took the largest shares.
US$120mRaisedin November
9Rounds13 in October
€45mLargestAgicap
US$3.52bn2024 so far
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Raised each month
All rounds by month, US$ millions
Where the money went
By product area, US$ millions
Treasury$47.9m
Payables and receivables$23m
Tax and compliance$22.9m
Accounting integrations$7.5m
Bookkeeping$7m
Spend management$7m
Payroll$6.3m
FP&A and forecasting$808,875
Top investors
November, rounds led or joined
- AVP 1 round, led
- Airbridge Equity Partners 1 round, led
- Airwallex 1 round, led
- Aquiline 1 round, led
- Augmentum Fintech 1 round, led
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Led by | Product area |
|---|---|---|---|---|
| Agicap | €45m | Series C | AVP | Treasury |
| Trolley | US$23m | Series B | Wavecrest Growth Partners | Payables and receivables |
| Marosa | €12m | Funding round | Aquiline | Tax and compliance |
| Kintsugi | US$10m | Series A extension | Airwallex | Tax and compliance |
| Apideck | US$7.5m | Series A | Airbridge Equity Partners | Accounting integrations |
| Pemo | US$7m | Pre-Series A | Shorooq, Augmentum Fintech | Spend management |
| Fondo | US$7m | Seed round | Money Forward | Bookkeeping |
| Rise | US$6.3m | Series A | Payroll | |
| Predikt | €750,000 | Funding round | FP&A and forecasting |
How it’s compiled
- Every funding round announced
- Software for accountants and CFOs
- Rounds as announced, totals in US$
Get the funding report on the 1st of each month, with the accounting technology briefing for finance professionals.
