# Accounteer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/accounteer

- Industry: Financial Services
- Headquarters: Leuven, Belgium
- Website: www.accounteer.com
- Total disclosed funding: $0M
- Latest round: Seed (Jan 9, 2017)
- Investors on record: 1

## About

Accounteer is a cloud-based accounting platform that simplifies financial management for small to medium-sized businesses, providing integrated solutions for bookkeeping, invoicing, and reporting.Founded in 2015 and based in Leuven, Belgium, Accounteer specializes in accounting solutions for various sectors. The company was acquired by Float Technologies Inc. on August 16, 2022, from Microtraction, with undisclosed financial terms. Accounteer has successfully completed three funding rounds, most recently raising USD 0.020 mn in a Seed round from Ventures Platform, bringing the total amount raised to USD 0.020 mn.Accounteer.com offers cloud-based accounting solutions tailored for small to medium-sized businesses. Their integrated platform streamlines financial processes such as bookkeeping, invoicing, and reporting, allowing users to access real-time financial data. The services cater to a global market, focusing on challenges in Europe, Africa, and Asia, empowering clients to manage their finances effectively.In 2022, Accounteer reported revenues of USD 0 mn. Additionally, the company reported an EBITDA of -USD 5,626.5 in the same year, indicating challenges in operational profitability.With its recent acquisition, Accounteer plans to expand its operations into Kenya before the end of 2022. The funding from the acquisition will support this geographic expansion and potentially enhance its product offerings to better serve the local market.

## Funding rounds

- Seed, Jan 9, 2017, $0M — Ventures Platform

## Investors

- Ventures Platform (https://capitalatlas.ai/funds/ventures-platform) — Seed