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Accrual - About the company

Accrual is a series A company based in San Francisco (United States), founded in 2024 by Cosmin Nicolaescu and Siddarth Chandrasekaran. It operates as a Provider of range of services from basic tax return preparation to more accounting and business services. Accrual has raised $75M in funding from General Catalyst. The company has 2927 active competitors, including 237 funded and 179 that have exited. Its top competitors include companies like Ramp, Intuit and Sage.

Company Details

Provider of range of services from basic tax return preparation to more accounting and business services. It offers a range of solutions for financial institutions, including portfolio management, risk assessment, and market analysis. Its platform uses advanced analytics and machine learning to provide clients with actionable insights and improve their investment decisions.
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Email ID
*****@accrual.com
Key Metrics
Founded Year
2024
Location
San Francisco, United States
Stage
Series A
Total Funding
$75M in 1 round
Latest Funding Round
Ranked
Employee Count
41 as on Sep 30, 2026
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Accrual's funding and investors

Accrual has raised a total funding of $75M over 1 round. Its latest funding round was a Series A round on Feb 05, 2026 for $*****. 4 investors participated in its latest round. Accrual has 4 institutional investors.

Here is the list of recent funding rounds of Accrual:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 05, 2026
6912787
Series A
1612593
1820473
8946130
2006832
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Accrual's founders and board of directors

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The founders of Accrual are Cosmin Nicolaescu and Siddarth Chandrasekaran. Cosmin Nicolaescu is the CEO of Accrual.
Here are the details of Accrual's key team members:

Accrual's employee count trend

Accrual has 41 employees as of Sep 26. Here is Accrual's employee count trend over the years:
Employee count trend for Accrual
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Accrual's Competitors and alternates

Top competitors of Accrual include Ramp, Intuit and Sage. Here is the list of Top 10 competitors of Accrual, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ramp
Ramp
2019, New York City (United States), Series F
Provider of a platform for spend management, corporate cards, and payables
$3.22B
84/100
2nd
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
3rd
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
78/100
4th
Logo for Deltek
Deltek
1983, Herndon (United States), Acquired
Cloud based enterprise resource planning software provider for multi industries
$107M
77/100
5th
Logo for Pennylane
Pennylane
2020, Paris (France), Series E
Cloud-based financial management and accounting software platform
$442M
77/100
6th
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
76/100
7th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
8th
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
74/100
9th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
71/100
10th
Logo for MYOB
MYOB
1991, Cremorne (Australia), Acquired
Developer of business management software including accounting and payroll solutions
-
70/100
61st
Logo for Accrual
Accrual
2024, San Francisco (United States), Series A
Provider of range of services from basic tax return preparation to more accounting and business services
$75M
54/100
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Accrual's Investments and acquisitions

Accrual has made no investments or acquisitions yet.

Reports related to Accrual

Here is the latest report on Accrual's sector:

News related to Accrual

Media has covered Accrual for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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FAQs about Accrual

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