Docyt raises $1.5M for its ML-based accounting automation platform
– Docyt, a Santa Clara-based company, raised $1.5m seed extension funding.
– The round was led by First Rays Venture Partners with participation from Morado Ventures and a group of angel investors.
– The company plans to use the new investment to accelerate its customer growth.
Ageras nabs $73M at a $244M valuation for its accountancy marketplace and bookkeeping tech stack
– Ageras Group, a Danish startup, raised $73m in Series C funding.
– The round was led by Lugard Road Capital and joined by previous investors Investcorp and Rabo Bank.
– The company plans to use the funding to expand into what it generally describes as “growth markets” — new countries, new customer segments and also adding more services to its software stack — both through organic growth and acquisitions.
AccountsIQ Raises €5.8M in Funding
– AccountsIQ, a London, UK- and Dublin, Ireland based provider of a Financial Management Software (FMS) platform for mid-market SMEs with multiple subsidiaries, branches and locations, secured €5.8M in funding.
– The company will use the funds to continue to expand operations and its business reach.
Connected Accounting Company Lockstep Raises $10 Million
– Lockstep is a connected accounting cloud company.
– The company raised $10m in Series A funding.
– Point72 Ventures led the round and was joined by Clocktower Ventures and Revel Partners.
Back Office Services Company Pilot Raises $60 Million Series C
– Pilot is a back office services company.
– The company raised $60m in Series C funding.
– Sequoia Capital led the round and joined by Index Ventures and Stripe.