Top 7 Startups developing AI for Accounting

Updated: February 27, 2024

Startups developing AI for accounting leverage machine learning, natural language processing, and data analytics to build intelligent software solutions that automate financial data analysis, streamline processes such as bookkeeping, expense management, and auditing, and provide accurate insights and predictions, revolutionizing the accounting industry by increasing efficiency, accuracy, and financial decision-making capabilities.
1
Country: USA | Funding: $114.7M
Vic.ai is an AI platform for accounting firms and enterprise finance departments.
2
Country: USA | Funding: $109.1M
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
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: Singapore | Funding: $49.5M
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.
6
Country: Israel | Funding: $33M
Trullion is an AI-powered accounting automation platform.
7
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.
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