# AccountsIQ

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

- Industry: Software
- Headquarters: London, UK
- Website: www.accountsiq.com/
- Total disclosed funding: $66M
- Latest round: Series C (Jun 13, 2024)
- Investors on record: 3

## About

Based in London, UK, and founded in 2004 by co-founders Anthony Connolly (CEO) and Gavin McGahey, Visor Ltd, doing business as AccountsIQ, operates an accounting platform to help businesses in accounting, consolidation, and business intelligence. In June 2024, AccountsIQ raised EUR 60 million in Series C funding from Axiom Equity.

The company offers SaaS-based accounting software that provides multi-currency accounting, consolidations, financial reporting, document management, and extensive business intelligence capabilities, enabling accountants and their clients to manage and benchmark multiple companies and business units for SME companies. 

The company generates its revenue through subscription packages for its financial management software platform. The packages include Essentials, Growth, and Enterprise Plans. The Essentials plan starts at GBP 199 per month, offering features such as accounts receivable, accounts payable, VAT with MTD, bank feeds with auto reconciliation, and multi-currency transactions. The growth plan starts at GBP 450 per month, adding single-currency consolidation, order processing, and inter-company management. The Enterprise plan, for larger enterprises, is priced on application and includes multi-currency consolidation, custom integration and reporting, inventory control, and account management.

## Funding rounds

- Series C, Jun 13, 2024, $65M — Axiom Equity
- Series A, Jun 1, 2009, $1.4M — Furthr, Enterprise Equity Venture Capital

## Investors

- Furthr (https://capitalatlas.ai/funds/furthr) — Series A
- Enterprise Equity Venture Capital (https://capitalatlas.ai/funds/enterprise-equity-venture-capital) — Series A
- Axiom Equity (https://capitalatlas.ai/funds/axiom-equity) — Series C
