Ravical raises $17m seed to scale AI across accounting firms
MMC Ventures leads the round, alongside Lakestar, Pitchdrive and Shapers.
Ravical has raised $17 million in seed funding, bringing its total financing to $25 million. Existing investors Lakestar and Pitchdrive joined the MMC Ventures-led round alongside new investor Shapers.
The company is tackling a bottleneck for accounting firms: experienced staff hold much of the knowledge needed to serve clients, while recruiting more specialists has become difficult. Ravical turns that knowledge into shared AI workflows so teams can apply the firm’s approach across more client work.
More than 100 European firms already use the platform. The financing supports a wider roll-out across Europe and entry into the US, building on its presence in the UK, Belgium, the Netherlands and Germany.
Use of funds
Develop the platform
Expand the team
Grow across Europe and enter the US