iplicit Raises €29.7 Million in Funding
iplicit, a London, UK-based cloud accounting platform provider, has raised €29.7 million in funding round.
iplicit, a London, UK-based cloud accounting platform provider, has raised €29.7 million in funding round.
Investor
The funding round was from technology growth investor One Peak, a specialist growth equity firm with $2.0 billion in assets under management. It invests in technology companies in the scale-up phase, providing growth capital, operating expertise, and access to its extensive network.
iplicit Use of Funds
The investment will fuel product development and expansion, supporting iplicit’s mission to dominate the UK mid-market accounting sector.
About iplicit
Founded in 2019 by Ian Andrews, iplicit offers a financial management solution tailored for the UK mid-market. It helps businesses streamline their financial operations, offering features like seamless setup, easy migration, and robust accounting capabilities. The company has supporting over 2,000 organizations and 38,000+ daily users across the UK and Ireland.
Funding Details
Company: iplicit Limited
Raised: €29.7M
Round: Unknown
Funding Date: January 2025
Investor: One Peak
Company Website: https://www.iplicit.com/
Software Category: Accounting Software
