Ravical raises $17M to break the link between accounting firms' growth and hiring

Ravical has picked up $17 million in seed funding for a very specific bet: accounting firms should be able to grow without tying every new client to another hire. The startup, which builds AI tools for accounting and tax firms, says the round will go toward product work and expansion beyond its current European base.

MMC Ventures led the deal. Lakestar and Pitchdrive came back in, and Shapers joined as a new investor. The raise brings Ravical’s total funding to $25 million.

The company was founded in 2025 by Joris Van Der Gucht, Ken Bastiaensen and Benjamin Vandermarliere. Its platform is meant to turn the habits of experienced staff into shared workflows, so firms can apply the same knowledge across more of their client work instead of leaving it locked in individual employees’ heads.

That pitch lands in a market under pressure from both sides. Ravical says demand for accounting and advisory services is rising while firms struggle to recruit and keep skilled people. At the same time, the company cites its own research showing that 70 per cent of UK SMEs now act on AI-generated advice without checking with their accountants.

So the firm’s argument is not just about speed. It is about making sure accounting practices use AI in a coordinated way, across the business, rather than letting everyone run off with their own tools and their own methods. Ravical says more than 100 accounting firms across Europe already use its platform, and the new cash will help it push further into the UK, Belgium, the Netherlands and Germany, then into more European markets and the US.