Top 9 Startups developing AI for Accounting

Oct 22, 2024 | By Siddhant Patel

These startups develop accounting systems that use machine learning, natural language processing, and data analytics to automate financial data analysis, bookkeeping, expense management, and auditing, and provide accurate insights and predictions for financial decision making.
1
Country: USA | Funding: $309.1M
Finally is a fintech firm that assists small and medium-sized enterprises in automating their accounting and financial processes. Finally is leveraging AI to give more insights and start highlighting what some of these data points
2
Country: USA | Funding: $114.7M
Vic.ai is an AI platform for accounting firms and enterprise finance departments.
3
Country: France | Funding: €86M
Indy offers end-to-end and advanced AI-powered accounting software for freelancers and professionals.
4
Country: Israel | Funding: $82M
Blue Dot is a provider of an AI-driven and cloud-based tax compliance platform.
5
Country: Ireland | Funding: €69.3M
AccountsIQ is a provider of a financial management software platform for mid-market SMEs with multiple subsidiaries and branches that includes robotic process automation and AI-based features to speed up how its users work.
6
Country: Singapore | Funding: $66.5M
OSOME provides an accounting and corporate compliance app for small and medium enterprises. Osome’s platform uses machine learning-based tech to automate administrative, accounting, payroll and tax-related work.
7
Country: Israel | Funding: $33M
Trullion is an AI-powered accounting automation platform.
8
Country: Israel | Funding: $15.5M
Panax Tech develops AI-driven cash flow management platform
9
Country: USA | Funding: $13M
Docyt is a real-time accounting automation platform. It uses AI and machine learning to automate financial workflows, continuously reconcile the general ledger, and generate real-time financial reports.
Editor: Siddhant Patel
Siddhant Patel is a senior editor for AI-Startups. He is based out of India and has previously worked at publications including Huffington Post and The Next Web. Siddhant has a special interest in artificial intelligence and has spent a decade covering the rapidly-evolving business and technology of the industry. Siddhant graduated from the Indian Institute of Science (Bengaluru). When he’s not writing, Siddhant is also a developer and has a deep historical knowledge of the computer industry for the past 50 years. You can contact Siddhant at sidpatel(at)ai-startups(dot)org