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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.
Social
Facebook
Key Metrics
Founded Year
2016
Location
Wien, Austria
Stage
Acquired
Total Funding
$7.6M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
88 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Visma (Apr 11, 2025)

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
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Finmatics' founders and board of directors

Founder? Claim Profile
The founders of Finmatics is Christoph Prieler.
Here are the details of Finmatics' key team members:

Finmatics' employee count trend

Finmatics has 88 employees as of Aug 26. Here is Finmatics's employee count trend over the years:
Employee count trend for Finmatics
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
2nd
Logo for Deltek
Deltek
1983, Herndon (United States), Acquired
Cloud based enterprise resource planning software provider for multi industries
$107M
81/100
3rd
Logo for Pennylane
Pennylane
2020, Paris (France), Series E
Cloud-based financial management and accounting software platform
$442M
79/100
4th
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
77/100
5th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
76/100
6th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
7th
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
74/100
8th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
70/100
9th
Logo for Anna
Anna
2017, London (United Kingdom), Acquired
Cloud-based accounting management solutions for businesses
$88.3M
68/100
10th
Logo for Denim
Denim
2014, New York City (United States), Acquired
Provider of financial technology solutions for freight businesses
$67.9M
68/100
130th
Logo for Finmatics
Finmatics
2016, Wien (Austria), Acquired
Developer of AI software automating accounting workflows and document management
$7.6M
42/100
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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

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