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AI accounting and tax platform Ravical has completed a $17 million seed round led by MMC Ventures, with participation from Lakestar, Pitchdrive and Shapers, bringing its cumulative funding to $25 million. The platform turns the experience of seasoned practitioners into standardized processes that can be reused across clients, and is currently used by more than 100 accounting firms in Europe. The new funds will be used for product development and expansion into the UK, Belgium, the Netherlands, Germany and the US markets.
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Ravical Completes $17 Million Seed Round, Enabling Accounting Firms to Grow Without Adding HeadcountDevelopments
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- Source:Tech.eu
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Oct 29
Tech.eu
Ravical Completes $17 Million Seed Round, Enabling Accounting Firms to Grow Without Adding Headcount
AI accounting and tax platform Ravical has completed a $17 million seed round led by MMC Ventures, with participation from Lakestar, Pitchdrive and Shapers, bringing total funding to $25 million. The platform transforms the expertise of senior practitioners into standardized processes that can be reused across clients. More than 100 accounting firms in Europe currently use it, and the new funds will be used for product development and expansion into the UK, Belgium, the Netherlands, Germany and the US markets.