Ravical, a startup selling AI software to accounting and tax firms, raised $17 million. If you use an accountant, your firm may soon work this way.
Ravical, a startup that builds AI software for accounting and tax firms, has raised $17 million in seed funding. A seed round is money from investors early in a company's life. MMC Ventures led the round, and Ravical's total funding is now $25 million.
Ravical was founded in 2025 by Joris Van Der Gucht (CEO), Ken Bastiaensen (CTO) and Benjamin Vandermarliere (CPO). Existing investors Lakestar and Pitchdrive took part, along with a new investor, Shapers. The money will go toward building the product, growing the team and expanding to new countries.
The platform helps accounting and tax firms run their operations and make better use of what their most experienced people know. It turns the way senior staff work into shared processes that can be applied to every client. AI then carries out those steps.
The pitch is about the whole firm, not single employees. In the CEO's words: "When every employee uses their own assistant in their own way, the individual gets better, but the firm doesn't."
Demand for accounting and advisory services is growing, but firms struggle to recruit and keep skilled people. At the same time, clients can now get financial information from AI tools on their own.
Ravical's own research found that 70% of UK small and medium-sized businesses now act on AI-generated advice without asking their accountant. That figure comes from the company, so treat it as one side's data.
More than 100 accounting firms across Europe already use the platform. The new funding will support growth in the UK, Belgium, the Netherlands and Germany. Ravical also plans to enter more European markets and the US.
For business owners, the practical point is that your accountant may use shared AI tools behind the scenes. Good questions to ask include:
The material does not say what the software costs, what the company is valued at, or how it handles client data. It also gives no date for a US launch.
Ask your accountant how AI is used on your books and who reviews the results before they reach you.
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