Ravical raises $17 million for its AI accounting platform
Ravical has raised $17 million in seed funding, according to Tech.eu. The round was led by MMC Ventures, with participation from Lakestar, Pitchdrive and Shapers, bringing Ravical's total funding to $25 million.
Ravical provides an AI platform for accounting and tax firms. It converts the knowledge and practices of experienced staff into shared workflows that firms can apply across their clients.
More than 100 accounting firms across Europe use the platform. Ravical will use the funding for product development, team growth and expansion in the UK, Belgium, the Netherlands and Germany, followed by other European markets and the US.
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