# Briefcase Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/briefcase-tech

- Industry: Semiconductors
- Headquarters: London, UK
- Website: www.briefcase.so/
- Total disclosed funding: $3M
- Latest round: Seed (Dec 4, 2024)
- Investors on record: 3

## About

Based in London, UK, and founded in 2024 by co-founders Reuben Steenkamp (CEO) and Ján Stehlík (CTO), Briefcase Tech Ltd is a provider of a bookkeeping and accounting automation platform that streamlines bookkeeping and month-end processes for professional service firms. In December 2024, Briefcase Tech Ltd. raised GBP 2.4 million in seed funding led by investors Earlybird Venture Capital, with participation from other investors Entrepreneur First and Tiny Super Computer Investment Company.

Briefcase offers an AI-native bookkeeping and accounting automation platform to streamline financial processes for businesses. The core functionalities include precise transaction mapping, automated supplier rule learning from historical postings, and real-time updates, ensuring accuracy in financial reporting. Key features such as embedded HMRC legislation facilitate the automatic detection of various VAT types, enhancing compliance and efficiency. The platform targets businesses seeking month-end automation and improved bookkeeping accuracy for accounting firms and SMEs across Europe and North America.

The company will use the December 2024 funding to expand its team by hiring top engineers and product specialists, accelerating product development, and better serving its growing base of early adopters.

## Funding rounds

- Seed, Dec 4, 2024, $3M — Earlybird, Entrepreneur First, Tiny Super Computer Investment Company

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Seed