We received an unique appear at the pitch deck accounting startup Countingup utilized to raise a $12.7 million Series A

Countingup has lifted a £9.1 million ($12.7 million) Series A investment decision round.
The business accounting fintech raised funding from Framework Enterprise Companions.
The startup has processed more than £1.7 billion ($2.4 billion) in transactions to day.
Pay a visit to the Organization section of Insider for additional tales.

Countingup has lifted a £9.1 million ($12.7 million) Sequence A financial investment spherical, led by Framework Enterprise Partners.

The enterprise, which presents a small business account that automates your accounting, also elevated from Gresham House Ventures, Sage, and present traders.

Founded in 2017, Countingup has processed over £1.7 billion ($2.4 billion) in transactions and has additional than 34,000 buyers, according to CEO and cofounder Tim Fouracre.

“There was no doubt that our business enterprise was affected throughout March and April very last 12 months with lockdowns but considering that then revenues have bounced again,” Fouracre told Insider. “We’re now seeing file numbers of businesses integrate in the Uk, up 30-40{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} on the similar period of time in the calendar year in advance of.”

The funding will be made use of to go towards increasing the selection of economic expert services the organization can provide with multi-currency invoicing, lending, and insurance plan up coming on the listing.

The startup previously lifted bridge funding from ING, Triple Stage, CVentures and Large Start out Ventures.

Fouracre was previously founder and CEO of Clearbooks, an accounting software program firm from 2008 onwards. Countingup has now elevated $21.4 million in whole. Fundraising began prior to Christmas 2020 and was remote, a “much more successful course of action” in accordance to Fouracre.

Verify out Countingup’s Collection A pitch deck below: