AccountsIQ, a Dublin, Eire-based supplier of a cloud-based accounting platform, raised €60M in Collection C funding.
Axiom Fairness made the funding.
The corporate intends to make use of the funds to speed up the expansion, increase its crew to over 200 folks over the following few years, and additional improve its AI functionality.
Led by CEO and Founder Tony Connolly, AccountsIQ gives a monetary administration system (FMS) software-as-a-service designed to rework the finance operate, fixing issues like multi-currency consolidation, multi-level approvals, third-party integrations, and automation of each day processes. It empowers finance groups to collaborate digitally with stakeholders of their companies, enhancing the monetary IQ of the organisation so it will possibly make higher selections.
The corporate has a second workplace in London and helps over 1,000 clients and 20,000+ customers worldwide.
Commenting on the information, Tony Connolly stated: “Having hit a crucial milestone with over 1,000 clients, we are actually poised to take the AccountsIQ product and repair to the following stage. This funding comes at an ideal inflection level for our providing, to permit us leverage AI instruments into sensible, simple to undertake providers for our person base; to make finance crew roles extra versatile, priceless, much less repetitive and certainly extra attention-grabbing.”
FinSMEs
14/06/2024
