Sumary Raises $25M Seed

Sumary, based in Copenhagen, Denmark and London, United Kingdom, has raised $25M in a Seed funding round. The company provides an AI operating system designed to automate core accounting workflows, such as month-end closing, VAT returns, and year-end preparations, while helping firms provide deeper financial insights to clients.

Investors

The seed round was led by Singular, with participation from existing investors byFounders, Partech, and Tenity, which also backed the company during its pre-seed round.

Sumary Use of Funds

The company plans to use the capital to scale its operations to reach more large accounting firms, particularly in the Benelux region, following its successful adoption in the Nordics and the UK. Funds will also be allocated toward growing the commercial team and the forward-deployed accountant teams, as well as continued investment in the company's AI research and development efforts.

About Sumary

Sumary is an AI operating system for accounting firms that automates core accounting workflows, including month-end closing, VAT returns, and year-end preparation. Its platform integrates with clients' existing accounting ledgers, using artificial intelligence to prepare financial work for accountants to review and approve.

Funding Details

Company Website: https://sumary.com

Company: Sumary
Raised: $25M
Round: Seed
Funding Date: November 10, 2026
Lead Investor: Singular
Additional Investors: byFounders, Partech, Tenity
Software Category: Accounting Software