Meritech CapitalInvestor Index fintech portfolio in accounting and finance software
Ranked #39 of 129January 2020 – September 2026
Meritech Capital backed 5 accounting and finance software companies in 10 rounds between January 2020 and September 2026, ranking #39 in the Investor Index. It led 4 of the rounds. The rounds it backed raised US$1.27bn in total. Its most frequent areas were ERP and general ledger and FP&A and forecasting, with 3 rounds each.
10Rounds
4Led
US$1.27bnRaisedin its rounds
#39Rank
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Rounds each quarter
Rounds led or joined
Q1 20200
Q2 20200
Q3 20200
Q4 20200
Q1 20211
Q2 20210
Q3 20212
Q4 20211
Q1 20220
Q2 20220
Q3 20221
Q4 20220
Q1 20230
Q2 20231
Q3 20230
Q4 20230
Q1 20240
Q2 20242
Q3 20240
Q4 20240
Q1 20250
Q2 20251
Q3 20250
Q4 20250
Q1 20261
Q2 20260
Q3 20260
Where it invests
Rounds by product area
ERP and general ledger3
FP&A and forecasting3
Close and reconciliation2
Payroll2
Portfolio companies
5 accounting and finance software companies it backed, A to Z
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Role | When |
|---|---|---|---|---|
| Personio | US$270m | Series E | Joined | Oct 2021 |
| Pennylane | €175m | Series E | Joined | Jan 2026 |
| Pigment | US$145m | Series D | Joined | Apr 2024 |
| Personio | US$125m | Series D | Led | Jan 2021 |
| FloQast | US$110m | Series D | Led | Jul 2021 |
| FloQast | US$100m | Series E | Joined | Apr 2024 |
| Pigment | US$88m | Series C | Joined | Jun 2023 |
| Pennylane | €75m | Series D | Led | Apr 2025 |
| Xentral | US$75m | Series B | Joined | Aug 2021 |
| Pigment | US$65m | Series B+ | Led | Sep 2022 |
How it’s compiled
- Every funding round announced
- Rounds led or joined by the firm
- Rounds as announced, totals in US$
Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.
