The accounting industry includes 14 unicorn startups. The sector is led by companies such as The Access Group with a $12 billion valuation and Tipalti, valued at $8.3 billion.

This growth extends globally, with several new companies joining from Europe. France's Pennylane and the Netherlands' DataSnipper both reached unicorn status in February 2024.

Below is the full list of 14 Accounting unicorn startups at this time.

Top 10 Most Valuable Accounting Unicorns

The Access Group provides fully integrated business management software and consultancy services for a wide range of industries. Their solutions are designed to connect critical business functions, from finance and HR to operations, within a single, unified system.

Valuation$12B
HeadquartersLoughborough, Leicestershire, United Kingdom
Year Founded1991
FoundersSarj Radia, Sarj Radia
Funding Amount£1.1B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsGIC, Hg, TA Associates, Horizon Capital

Tipalti built a global payables automation platform that helps high-growth companies scale their financial operations. Their end-to-end cloud solution handles everything from supplier onboarding and tax compliance to processing mass payments in multiple currencies.

Valuation$8.3B (Joined October 2020)
HeadquartersFoster City, California, United States
Year Founded2010
FoundersChen Amit, Oren Zeev
Funding Amount$915M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top Investors01 Advisors, JP Morgan Chase, Zeev Ventures, Group 11, G Squared

insightsoftware builds a comprehensive suite of solutions for financial reporting and performance management. Their platform is designed to help the Office of the CFO consolidate data for reporting, budgeting, and analytics.

Valuation$4B
HeadquartersRaleigh, North Carolina, United States
Year Founded2018
Founders
Funding AmountCA$1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsTA Associates, ST6, Hg, Genstar Capital

Chargebee provides a revenue growth management platform for subscription businesses, automating the entire quote-to-cash workflow. Their tools help companies scale by streamlining recurring billing, subscription management, and revenue recognition.

Valuation$4B
HeadquartersSan Francisco, California, United States
Year Founded2011
FoundersKP Saravanan, Krish Subramanian, Rajaraman Santhanam, Thiyagarajan Thiyagu
Funding Amount$468.2M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries H
Top InvestorsInsight Partners, Peak XV Partners, Accel, Sapphire Ventures, Tiger Global Management

HighRadius builds AI-powered software for order-to-cash and treasury management. Their platform helps finance teams automate accounts receivable and treasury functions to improve working capital.

Valuation$3.1B (Joined January 2020)
HeadquartersHouston, Texas, United States
Year Founded2006
FoundersSashi Narahari
Funding Amount$475M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsSusquehanna Growth Equity, Tiger Global Management, PNC, Citi Ventures, ICONIQ Growth

Pennylane developed a platform that integrates accounting and financial management tools for businesses and their accountants. It centralizes all financial data in real time, creating a single source of truth that replaces multiple separate applications.

Valuation$2.16B (Joined February 2024)
HeadquartersParis, Ile-de-France, France
Year Founded2020
FoundersAlexandre Roquoplo, Arthur Waller, Edouard Mascré, Félix Blossier, Quentin de Metz, Tancrède Besnard, Thierry Deo
Funding Amount€213.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsMeritech Capital Partners, Kima Ventures, Global Founders Capital, CapitalG, Sequoia Capital

FloQast builds accounting workflow automation software to help teams close their books faster and more accurately. Their platform is designed to replace manual spreadsheets by centralizing the month-end close and integrating directly with a company's existing ERP.

Valuation$2B (Joined July 2021)
HeadquartersLos Angeles, California, United States
Year Founded2013
FoundersCullen Zandstra, Mike Whitmire
Funding Amount$302.9M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsICONIQ Growth, Sapphire Ventures, Polaris Partners, Norwest, Insight Partners

TaxBit builds tax and accounting software for the digital asset economy. Their platform automates complex tax calculations and reporting for individuals, enterprises, and government entities navigating cryptocurrency compliance.

Valuation$1.5B (Joined August 2021)
HeadquartersDraper, Utah, United States
Year Founded2018
FoundersAustin Woodward, Bobby Clayson, Brandon Woodward, Justin Woodward
Funding Amount$253.4M
Company SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsTribe Capital, Insight Partners, Paradigm, Sapphire Ventures, IVP

Pilot provides a tech-enabled finance back office that handles bookkeeping, tax, and CFO services for startups. Their platform combines powerful software with a team of finance experts, allowing businesses to offload their financial operations.

Valuation$1.2B (Joined March 2021)
HeadquartersSan Francisco, California, United States
Year Founded2016
Foundersjames anny, Jeff Arnold, Jessica McKellar, Waseem Daher
Funding Amount$172.1M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsIndex Ventures, South Park Commons, Sequoia Capital, Stripe, SV Angel

DataSnipper builds an intelligent automation platform that works within Excel to streamline financial audits. Their AI-powered tools help audit and finance teams accelerate their work by automating repetitive documentation and reconciliation tasks.

Valuation$1B (Joined February 2024)
HeadquartersAmsterdam, Noord-Holland, The Netherlands
Year Founded2017
FoundersJonas Ruyter, Kai Bakker, Maarten Alblas
Funding Amount$100M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsMONASHEES, Insight Partners, Index Ventures

The Remaining 4 Accounting Unicorns

The ten most valuable companies are just the tip of the iceberg in the accounting world. Founders from the United States to Germany and Canada are proving that great ideas in this space can come from anywhere.

These companies have raised a combined total of nearly $1.8 billion, each tackling a different piece of the accounting puzzle. Here’s a closer look at the other startups that have joined the unicorn ranks.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Taxfix logo TaxfixGermany2016$330M$1B
FreshBooks logo FreshBooksCanada2003$456.9M$1B
Restaurant365 logo Restaurant365United States2011$437.5M$1B
C2FO logo C2FOUnited States2008$568.4M$1B