Finmatics - About the company
Finmatics is an acquired company based in Wien (Austria), founded in 2016 by Christoph Prieler. It operates as a Developer of AI software automating accounting workflows and document management. Finmatics has raised $7.6M in funding from EQventure and Mangrove Capital Partners. The company has 2927 active competitors, including 201 funded and 170 that have exited. Its top competitors include companies like Intuit, Deltek and Pennylane.
Company Details
Developer of AI software automating accounting workflows and document management. The software provides digital automation of document input, capture, pre-accounting, and sorting. It also features transparent, multi-level document approval workflows via a mobile application. The modular structure and open interfaces allow flexibility and integration with accounting systems.
- Website
- www.finmatics.com/
Key Metrics
Founded Year
2016
Location
Wien, Austria
Stage
Acquired
Total Funding
$7.6M in 2 rounds
Latest Funding Round
Ranked
130th among 2927 active competitors
Employee Count
88 as on Aug 31, 2026
Exit Details
Acquired by Visma (Apr 11, 2025)
Legal entities associated with Finmatics
Finmatics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Finmatics Gmbh CIN: 466381f , Austria, Active | Jan 01, 2016 | - | - | - |
Finmatics's acquisition details
Finmatics got acquired by Visma on Apr 11, 2025.
Click here to take a look at Finmatics's acquisition in detail
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Finmatics's funding and investors
Finmatics has raised a total funding of $7.6M over 2 rounds. Its first funding round was on Aug 28, 2017. Its latest funding round was a Series A round on Mar 15, 2023 for $*****. 2 investors participated in its latest round. Finmatics has 4 institutional investors.
Here is the list of recent funding rounds of Finmatics:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 15, 2023 | 7365346 | Series A | 8985890 | 8452695 | 3740714 | 3006381 |
Aug 28, 2017 | 5229308 | Seed | 1483513 | 8119831 | 6738101 |
View details of Finmatics's funding rounds and investors
Finmatics' founders and board of directors
Founder? Claim ProfileThe founders of Finmatics is Christoph Prieler.
Here are the details of Finmatics' key team members:
- Christoph Prieler: Co-Founder & Managing Director of Finmatics and founder of 1 other company. Contact Info: 1 email address
View details of Finmatics's Founder profiles and Board Members
Finmatics' employee count trend
Finmatics has 88 employees as of Aug 26. Here is Finmatics's employee count trend over the years:
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Finmatics's Competitors and alternates
Top competitors of Finmatics include Intuit, Deltek and Pennylane. Here is the list of Top 10 competitors of Finmatics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
2nd | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 81/100 | |
3rd | Cloud-based financial management and accounting software platform | $442M | 79/100 | ||
4th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
5th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 76/100 | |
6th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
7th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
8th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 70/100 | |
9th | Anna 2017, London (United Kingdom), Acquired | Cloud-based accounting management solutions for businesses | $88.3M | 68/100 | |
10th | Denim 2014, New York City (United States), Acquired | Provider of financial technology solutions for freight businesses | $67.9M | 68/100 | |
130th | Developer of AI software automating accounting workflows and document management | $7.6M | 42/100 |
Looking for more details on Finmatics's competitors? Click here to see the top ones
Finmatics's Investments and acquisitions
Finmatics has made no investments or acquisitions yet.
Reports related to Finmatics
Here is the latest report on Finmatics's sector:
News related to Finmatics
•
Finmatics’ €6 Million Series A Financing RoundGlobal Legal Chronicle•Apr 03, 2023•Finmatics, Herbst Kinsky, Mangrove Capital Partners
•
Finmatics: Accounting startup collects six million eurosTrending Topics•Mar 15, 2023•Finmatics, Mangrove Capital Partners, EQventure
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