AccountsIQ Secures €60 Million in Series C

by Kay Aloha Villamor in June 14th, 2024

AccountsIQ, a Dublin, Ireland-based cloud-based accounting platform, has secured €60 million in Series C funding.


The investment was from Axiom Equity, a specialist B2B SaaS growth equity fund based in London, United Kingdom. Founded in 2021, Axiom Equity seeks to invest in B2B technology companies across the United Kingdom and Ireland. 

AccountsIQ Use of Funds 

The company will use the funding to enhance AI capabilities, further develop the financial management system, double the team size to over 200 employees, and scale global operations. 

About AccountsIQ 

Founded in 2004 by Tony Connolly, AccountsIQ offers a financial management system (FMS) Software-as-a-Service (SaaS), designed to streamline and enhance the finance function within organizations by offering features such as multi-currency consolidation, multi-level approvals, third-party integrations, and automation of daily financial processes. Headquartered in Dublin with a second office in London, AccountsIQ supports over 1,000 customers and 20,000+ users worldwide. 

Funding Details                                                                              

Company: AccountsIQ  

Raised: €60.0M                                                              

Round: Series C     

Funding Month: June 2024                                                                

Lead Investors: Axiom Equity  

Additional Investors:   

Company Website:   

Software Category: Finance and Accounting  


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