Addition Investor Index

AdditionInvestor Index fintech portfolio in accounting and finance software

Ranked #86 of 129January 2020 – September 2026

Addition backed 4 accounting and finance software companies in 6 rounds between January 2020 and September 2026, ranking #86 in the Investor Index. It led 1 of the rounds. The rounds it backed raised US$176m in total. Its most frequent areas were payroll and spend management, with 2 rounds each.

6Rounds
1Led
US$176mRaisedin its rounds
#86Rank
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Rounds each year

Rounds led or joined

20200
20211
20225
20230
20240
20250
20260

Where it invests

Rounds by product area

Payroll2
Spend management2
Accounting integrations1
Payables and receivables1

Portfolio companies

4 accounting and finance software companies it backed, A to Z

CompanyBackedRoleLatest
Flashtract1 roundLed 1Jan 2022
Kadmos2 roundsJoinedJul 2022
Merge1 roundJoinedOct 2022
Spenmo2 roundsJoinedJan 2022

Every round

Largest first, as announced

Download all All 925 rounds since 2020
CompanyAmountRoundRoleWhen
MergeUS$55mSeries BJoinedOct 2022
SpenmoUS$34mSeries AJoinedSep 2021
SpenmoUS$34mSeries AJoinedJan 2022
Kadmos€29mSeries AJoinedJul 2022
FlashtractUS$15mSeries ALedJan 2022
Kadmos€8.3mSeed roundJoinedMar 2022

How it’s compiled

  • Every funding round announced
  • Rounds led or joined by the firm
  • Rounds as announced, totals in US$

Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.