Andreessen HorowitzInvestor Index accounting technology investments
Ranked #2 of 16January 2025 – September 2026
Andreessen Horowitz backed 13 accounting technology rounds between January 2025 and September 2026, ranking #2 in the Investor Index, and led 6 of them. The rounds it backed raised US$882m in total. Its most frequent area was payables and receivables, with 3 rounds.
13Rounds
6Led
US$882mRaisedin its rounds
#2Rank
Rounds each quarter
Rounds led or joined
Q1 20252
Q2 20250
Q3 20251
Q4 20254
Q1 20261
Q2 20262
Q3 20263
Where it invests
Rounds by product area
Payables and receivables3
ERP and general ledger2
Audit1
Bookkeeping1
Document capture1
FP&A and forecasting1
Payroll1
Spend management1
Tax and compliance1
Treasury1
Every round
Largest first, as announced
| Company | Amount | Round | Role | When |
|---|---|---|---|---|
| Deel | US$300m | Series E | Led | Oct 2025 |
| Jeeves | US$110m | Funding round | Joined | Sep 2026 |
| Instabase | US$100m | Series D | Joined | Jan 2025 |
| Rillet | US$100m | Series C | Joined | Aug 2026 |
| Rillet | US$70m | Series B | Led | Aug 2025 |
| Metronome | US$50m | Series C | Joined | Feb 2025 |
| Adaptive | US$30m | Series B | Joined | Sep 2026 |
| Stuut | US$29.5m | Series A | Led | Nov 2025 |
| Sphere | US$21m | Series A | Led | Nov 2025 |
| Sequence | US$20m | Series A | Joined | Dec 2025 |
| Pillar | US$20m | Seed round | Led | Apr 2026 |
| Petual | US$20m | Funding round | Led | Apr 2026 |
| Concourse | US$12m | Series A | Joined | Jan 2026 |
How it’s compiled
- Every funding round announced
- Rounds led or joined by the firm
- Rounds as announced, totals in US$
Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.
