Accounting technology funding: May 2025

Accountio / Funding / 2025

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
Show the figures
Month end2025 cumulative
JanuaryUS$302.05m
FebruaryUS$445.35m
MarchUS$570.85m
AprilUS$896.35m
MayUS$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.

Show the figures
Month2025 rounds
January17
February13
March6
April11
May16

May, round by roundIn order of announcement, with the 2025 running total of tracked US$ rounds

2025 running total, tracked US$ rounds
  • 5 May
    HubSyncGrowth round
    US$100m
    US$996.35m so far in 2025US$996.35mTracked US$ rounds in 2025 after this round
  • 5 May
    RightRevSeries A
    US$13m
    US$1.01bn so far in 2025US$1.01bnTracked US$ rounds in 2025 after this round
  • 8 May
    CirculaSeries A extension
    €15m
    US$1.01bn so far in 2025 · not in the US$ totalUS$1.01bnTracked US$ rounds in 2025 after this round
  • 8 May
    Una SoftwareSeed
    US$4.4m
    US$1.01bn so far in 2025US$1.01bnTracked US$ rounds in 2025 after this round
  • 9 May
    RipplingSeries G
    US$450m
    US$1.46bn so far in 2025US$1.46bnTracked US$ rounds in 2025 after this round
  • 13 May
    FlexPointSeries A
    US$12m
    US$1.48bn so far in 2025US$1.48bnTracked US$ rounds in 2025 after this round
  • 13 May
    HyperbotsSeries A
    US$6.5m
    US$1.48bn so far in 2025US$1.48bnTracked US$ rounds in 2025 after this round
  • 13 May
    CelerySeed
    US$6.25m
    US$1.49bn so far in 2025US$1.49bnTracked US$ rounds in 2025 after this round
  • 14 May
    PenzillaSeed
    €3.2m
    US$1.49bn so far in 2025 · not in the US$ totalUS$1.49bnTracked US$ rounds in 2025 after this round
  • 19 May
    MiterRound
    US$23m
    US$1.51bn so far in 2025US$1.51bnTracked US$ rounds in 2025 after this round
  • 20 May
    OntikSeed
    €3.2m
    US$1.51bn so far in 2025 · not in the US$ totalUS$1.51bnTracked US$ rounds in 2025 after this round
  • 21 May
    FiledPre-seed and Seed
    US$17.2m
    US$1.53bn so far in 2025US$1.53bnTracked US$ rounds in 2025 after this round
  • 28 May
    RilletSeries A
    US$25m
    US$1.55bn so far in 2025US$1.55bnTracked US$ rounds in 2025 after this round
  • 28 May
    OutminRound
    €4m
    US$1.55bn so far in 2025 · not in the US$ totalUS$1.55bnTracked US$ rounds in 2025 after this round
  • 29 May
    UplinqSeries A
    US$10m
    US$1.56bn so far in 2025US$1.56bnTracked US$ rounds in 2025 after this round
  • 29 May
    GroundleySeed
    €970,000
    US$1.56bn so far in 2025 · not in the US$ totalUS$1.56bnTracked US$ rounds in 2025 after this round

Every roundLargest first

CompanyStageAmountLead investorCategoryMore
RipplingSan Francisco
Series GUS$450mValuation US$16.8bnNot announcedPayrollProfile
HubSyncFranklin, Tennessee
Growth roundUS$100mThoma BravoPractice ManagementDirectory listing
RilletSan Francisco
Series AUS$25mSequoia CapitalERP and General LedgerProfileAccountio article
Miter
RoundUS$23mBessemer Venture Partners and Coatue ManagementPayroll
Filed
Pre-seed and SeedUS$17.2mNorthzoneTax and Compliance
CirculaBerlin
Series A extension€15mAlstin Capital, Capnamic Ventures, Peak Capital, Wenvest Capital, Storm Ventures and CIBC Innovation BankingExpense and Spend ManagementDirectory listing
RightRev
Series AUS$13mCheyenne Ventures and Innovius CapitalFinancial Close and ReconciliationProfile
FlexPoint
Series AUS$12mFoundry GroupAP AR and Payments
UplinqScottsdale
Series AUS$10mNext Coast VenturesBookkeepingProfile
HyperbotsDover, Delaware
Series AUS$6.5mArkam Ventures and Athera Venture PartnersAP AR and Payments
Celery
SeedUS$6.25mTeam8Audit
Una SoftwareToronto
SeedUS$4.4mStaircase VenturesFP&A and Forecasting
OutminDublin
Round€4mPraetura VenturesBookkeepingProfileAccountio article
PenzillaMunich
Seed€3.2mAcadian Ventures and Delin VenturesPayrollAccountio article
OntikLondon
Seed€3.2mFirstminute CapitalAP AR and Payments
GroundleyCopenhagen
Seed€970,000Not announcedExpense and Spend Management