Accounting TechnologyFunding Report August 2025
August 2025Published 1 September 2025
Accounting and finance software companies raised US$347m across 9 rounds in August, down 56% on July's US$797m. Tax and compliance and spend management took the largest shares.
US$350mRaisedin August
9Rounds11 in July
US$122mLargestBlue J
US$3.35bn2025 so far
Raised each month
All rounds by month, US$ millions
Where the money went
By product area, US$ millions
Tax and compliance$127m
Spend management$103m
ERP and general ledger$70m
Payables and receivables$20m
Bookkeeping$12m
Payroll$8.6m
FP&A and forecasting$7m
Top investors
August, rounds led or joined
- Y Combinator 3 rounds
- Oak HC/FT 2 rounds, 1 led
- Andreessen Horowitz 1 round, led
- Elephant 1 round, led
- First Round Capital 1 round, led
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Led by | Product area |
|---|---|---|---|---|
| Blue J | US$122m | Series D | Oak HC/FT, Sapphire Ventures | Tax and compliance |
| Rillet | US$70m | Series B | Andreessen Horowitz, ICONIQ | ERP and general ledger |
| Stavtar | US$55m | Series A | Elephant | Spend management |
| Alaan | US$48m | Series A | Peak XV Partners | Spend management |
| Confido | US$20m | Seed and Series A | Footwork | Payables and receivables |
| Docyt | US$12m | Pre-Series B | Pivot Investment Partners | Bookkeeping |
| Central | US$8.6m | Seed round | First Round Capital | Payroll |
| Translucent | US$7m | Seed round | FP&A and forecasting | |
| Solomon Labs | US$4.7m | Seed extension | Tax and compliance |
How it’s compiled
- Every funding round announced
- Software for accountants and CFOs
- Rounds as announced, totals in US$
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