Passion CapitalInvestor Index fintech portfolio in accounting and finance software
Ranked #51 of 129January 2020 – September 2026
Passion Capital backed 5 accounting and finance software companies in 8 rounds between January 2020 and September 2026, ranking #51 in the Investor Index. It led 2 of the rounds. The rounds it backed raised US$218m in total. Its most frequent area was payables and receivables, with 4 rounds.
8Rounds
2Led
US$218mRaisedin its rounds
#51Rank
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Rounds each year
Rounds led or joined
20200
20211
20222
20230
20241
20253
20261
Where it invests
Rounds by product area
Payables and receivables4
Bookkeeping1
Close and reconciliation1
FP&A and forecasting1
Treasury1
Portfolio companies
5 accounting and finance software companies it backed, A to Z
| Company | Backed | Role | Latest |
|---|---|---|---|
| Causal | 1 round | Joined | Apr 2021 |
| Emblematic | 1 round | Led 1 | Oct 2025 |
| Round Treasury | 2 rounds | Led 1 | Apr 2026 |
| Sequence | 2 rounds | Joined | Dec 2025 |
| Xelix | 2 rounds | Joined | Jul 2025 |
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Role | When |
|---|---|---|---|---|
| Xelix | US$160m | Series B | Joined | Jul 2025 |
| Sequence | US$20m | Series A | Joined | Dec 2025 |
| Sequence | US$19m | Seed round | Joined | Sep 2022 |
| Round Treasury | US$6m | Seed round | Joined | Apr 2026 |
| Xelix | US$5m | Series A | Joined | Jul 2022 |
| Causal | US$4.2m | Seed round | Joined | Apr 2021 |
| Round Treasury | US$2.1m | Pre-seed round | Led | Oct 2024 |
| Emblematic | US$2m | Pre-seed round | Led | Oct 2025 |
How it’s compiled
- Every funding round announced
- Rounds led or joined by the firm
- Rounds as announced, totals in US$
Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.
