AccountsIQ Raises $65M (€60M) to Enhance AI-Powered Bookkeeping Tools

Jun 13, 2024, 08:02 AM

AccountsIQ, a Dublin-based company, has raised $65 million (€60 million) in a Series C funding round led by Axiom Equity. The investment will be used to enhance its AI-powered bookkeeping tools aimed at transforming mid-sized business finances. The company plans to embed AI into its platform to shape the finance function of the future, amidst a shaky economic environment in Europe. This development is a positive sign for enterprise startups.