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
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50The 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 |
| Headquarters | Loughborough, Leicestershire, United Kingdom |
| Year Founded | 1991 |
| Founders | Sarj Radia, Sarj Radia |
| Funding Amount | £1.1B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | GIC, 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) |
| Headquarters | Foster City, California, United States |
| Year Founded | 2010 |
| Founders | Chen Amit, Oren Zeev |
| Funding Amount | $915M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | 01 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 |
| Headquarters | Raleigh, North Carolina, United States |
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | CA$1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | TA 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 |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2011 |
| Founders | KP Saravanan, Krish Subramanian, Rajaraman Santhanam, Thiyagarajan Thiyagu |
| Funding Amount | $468.2M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | Insight 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) |
| Headquarters | Houston, Texas, United States |
| Year Founded | 2006 |
| Founders | Sashi Narahari |
| Funding Amount | $475M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Susquehanna 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) |
| Headquarters | Paris, Ile-de-France, France |
| Year Founded | 2020 |
| Founders | Alexandre Roquoplo, Arthur Waller, Edouard Mascré, Félix Blossier, Quentin de Metz, Tancrède Besnard, Thierry Deo |
| Funding Amount | €213.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Meritech 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) |
| Headquarters | Los Angeles, California, United States |
| Year Founded | 2013 |
| Founders | Cullen Zandstra, Mike Whitmire |
| Funding Amount | $302.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | ICONIQ 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) |
| Headquarters | Draper, Utah, United States |
| Year Founded | 2018 |
| Founders | Austin Woodward, Bobby Clayson, Brandon Woodward, Justin Woodward |
| Funding Amount | $253.4M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Tribe 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) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2016 |
| Founders | james anny, Jeff Arnold, Jessica McKellar, Waseem Daher |
| Funding Amount | $172.1M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Index 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) |
| Headquarters | Amsterdam, Noord-Holland, The Netherlands |
| Year Founded | 2017 |
| Founders | Jonas Ruyter, Kai Bakker, Maarten Alblas |
| Funding Amount | $100M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | MONASHEES, 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.