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title: Ravical raises $17M to bring shared AI to accounting firms
description: Belgian startup Ravical has raised $17M in a seed round led by MMC Ventures, with existing backers Lakestar and Pitchdrive and new investor Shapers also...
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og:description: Belgian startup Ravical has raised $17M in a seed round led by MMC Ventures, with existing backers Lakestar and Pitchdrive and new investor Shapers also...
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# Ravical raises $17M to bring shared AI to accounting firms

**[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments

## Summary

Belgian startup Ravical has raised $17M in a seed round led by MMC Ventures, with existing backers Lakestar and Pitchdrive and new investor Shapers also joining. More than 100 accounting firms in Europe already use its platform. Ravical's AI captures how a firm's most experienced staff judge cases and applies that approach across every client, giving managers visibility into risks and opportunities firm-wide. CEO Joris Van Der Gucht previously co-founded Silverfin, later acquired by Visma. MMC's Mina Samaan says accounting hasn't had its 'Harvey or Legora moment' yet, since most AI startups in the space build single-task point solutions rather than firm-wide tools like Ravical.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/ravical-17m-seed-ai-accounting>

## Questions this post answers

### How much funding did Ravical raise and who led the round?

Ravical raised $17 million in a seed round led by MMC Ventures. Existing investors Lakestar and Pitchdrive participated again, joined by new investor Shapers. The Belgian startup builds AI software for accounting and tax firms and plans to use the funds to grow in Belgium, Germany, the Netherlands, the UK, and to launch in the US.

_Track vertical AI funding rounds like this one on daily.dev as the accounting software space heats up._

### What makes Ravical's approach to AI for accounting firms different from other accounting AI tools?

Ravical builds firm-wide AI rather than single-task point solutions. It captures how a firm's most experienced staff judge and advise on cases, then applies that same approach to every client, letting managers see risks and opportunities across the whole client base. MMC Ventures partner Mina Samaan says most accounting AI startups instead target one workflow at a time.

_Developers evaluating vertical AI architectures can follow comparisons like this on daily.dev._

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---

Tags: [#startup](https://daily.dev/tags/startup), [#fintech](https://daily.dev/tags/fintech)

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