DST GlobalInvestor Index fintech portfolio in accounting and finance software
Ranked #18 of 129January 2020 – September 2026
DST Global backed 11 accounting and finance software companies in 16 rounds between January 2020 and September 2026, ranking #18 in the Investor Index. It led 4 of the rounds. The rounds it backed raised US$1.77bn in total. Its most frequent area was spend management, with 9 rounds.
16Rounds
4Led
US$1.77bnRaisedin its rounds
#18Rank
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Rounds each quarter
Rounds led or joined
Q1 20200
Q2 20203
Q3 20200
Q4 20200
Q1 20211
Q2 20212
Q3 20212
Q4 20212
Q1 20222
Q2 20220
Q3 20220
Q4 20220
Q1 20230
Q2 20230
Q3 20230
Q4 20230
Q1 20241
Q2 20240
Q3 20240
Q4 20241
Q1 20250
Q2 20251
Q3 20250
Q4 20250
Q1 20261
Q2 20260
Q3 20260
Where it invests
Rounds by product area
Spend management9
ERP and general ledger3
Payables and receivables2
Bookkeeping1
Payroll1
Portfolio companies
11 accounting and finance software companies it backed, A to Z
| Company | Backed | Role | Latest |
|---|---|---|---|
| Airwallex | 1 round | Joined | Apr 2020 |
| Aspire | 1 round | Joined | Sep 2021 |
| Brex | 2 rounds | Led 1 | Apr 2021 |
| Clara | 2 rounds | Led 1 | Dec 2021 |
| Fenbeitong | 1 round | Led 1 | Feb 2022 |
| Juni | 2 rounds | Led 1 | Oct 2021 |
| Khatabook | 1 round | Joined | May 2020 |
| Libeo | 1 round | Joined | Feb 2021 |
| Multiplier | 1 round | Joined | Mar 2022 |
| Pennylane | 3 rounds | Joined | Jan 2026 |
| Zip | 1 round | Joined | Oct 2024 |
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Role | When |
|---|---|---|---|---|
| Brex | US$425m | Series D | Joined | Apr 2021 |
| Pennylane | €175m | Series E | Joined | Jan 2026 |
| Zip | US$190m | Series D | Joined | Oct 2024 |
| Airwallex | US$160m | Series D | Joined | Apr 2020 |
| Brex | US$150m | Series C extension | Led | May 2020 |
| Fenbeitong | US$140m | Series C+ | Led | Feb 2022 |
| Pennylane | €75m | Series D | Joined | Apr 2025 |
| Clara | US$70m | Series B | Joined | Dec 2021 |
| Khatabook | US$60m | Series B | Joined | May 2020 |
| Multiplier | US$60m | Series B | Joined | Mar 2022 |
| Aspire | US$58m | Series B | Joined | Sep 2021 |
| Juni | US$52m | Funding round | Joined | Oct 2021 |
| Pennylane | €40m | Series C | Joined | Feb 2024 |
| Clara | US$30m | Series A | Led | May 2021 |
| Libeo | €20m | Funding round | Joined | Feb 2021 |
| Juni | US$21.5m | Series A | Led | Jul 2021 |
How it’s compiled
- Every funding round announced
- Rounds led or joined by the firm
- Rounds as announced, totals in US$
Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.
