Ravical raises $17m for AI that spreads accountants’ expertise
The Ghent and London company, founded in 2025, sells accounting and tax firms a way to turn how their senior staff work into processes AI runs across every client
- Total raised: $25m to date, according to Ravical
- Customers: Ravical says more than 100 accounting firms across Europe build on its platform
- Other co-founders: Ken Bastiaensen (CTO) and Benjamin Vandermarliere (CPO)
- Plans: further roll-out across Europe and entry to the US
For companies that use an outside accounting firm, AI now reaches them through their adviser’s systems as well as through the tools they buy themselves. Ravical’s pitch rests on firms taking on more advisory work for the clients they already have without hiring at the same rate, which would change how those firms price and staff that work. The evidence for the commercial gain so far comes from customer testimonials, not published data.
“Every firm will use AI, so the real question is who controls it. When every employee uses their own assistant in their own way, the individual gets better, but the firm doesn’t.”Joris Van Der Gucht, co-founder and chief executive, Ravical
Ravical, an AI platform for accounting and tax firms, has raised a $17m (£12.8m) seed round led by MMC Ventures, it announced on 29 October. Existing investors Lakestar and Pitchdrive joined the round, as did new investor Shapers.
Joris Van Der Gucht, Ravical’s co-founder and chief executive, previously co-founded the cloud accounting platform Silverfin. As Tech.eu reported in May 2025, Ravical’s first funding was a €7.3m (£6.3m) pre-seed round led by Lakestar, and Van Der Gucht sold Silverfin for €320m in 2023.
Ravical says its software captures how a firm’s senior staff assess and advise on client work, then has AI apply that method across the whole client list. Its announcement ties the product to the profession’s hiring squeeze, saying demand for accounting and advisory work keeps growing while fewer graduates are joining and experienced staff are harder to find.
Mina Samaan, general partner at MMC Ventures, said most of the AI startups the firm had met in accounting were building point solutions for a single task or workflow.
Customers named in the release include the accounting firms Blick Rothenberg, Gascoynes and Barrons. Chris Reeve, owner of Gascoynes, said inheritance tax and R&D claims that once went to outside specialists are now handled by his own team, and that the firm’s tax planning fees are up 49% year on year, almost all from existing clients.
Sources
- Ravical, “Ravical secures $17m to help accounting firms break the link between growth and headcount”, press release, 29 October 2026. https://ravical.com/blog/ravical-secures-17m-to-help-accounting-firms-break-the-link-between-growth-and-headcount
- Tech.eu, “Ravical raises $17M to break the link between accounting firms’ growth and hiring”, 29 October 2026. https://tech.eu/2026/10/29/ravical-raises-17m-to-break-the-link-between-accounting-firms-growth-and-hiring/
- Tech.eu, “Ravical raises €7.3M for AI ‘Virtual Employees’ to automate 80% of professional services work”, 21 May 2025. https://tech.eu/2025/05/21/ravical-raises-eur73m-for-ai-virtual-employees-to-automate-80-of-professional-services-work/
