Trind Ventures leads an undisclosed round to SparkReceipt
SparkReceipt, a Tampere-based pre-accounting software provider, raised an undisclosed round from Trind Ventures with support from the European Union under the InvestEU Fund and Business Finland to accelerate their international expansion.
We founders think that since accounting is not the sexiest industry, the brightest minds choose to do something else. But as the old saying goes, the more boring the industry and customer segment, the bigger the opportunity. Building pre-accounting software for micro-businesses on a global scale will tap that box. Now, with LLMs, AI agents, and a massive decrease in the cost of AI tasks, we can automate all tasks for small business owners and accountants globally. As proof, today, we already have customers from almost 100 countries, most from the US and Canada, and we have been cash flow positive for some time already.
“With my background in the most boring industries like accounting, legal, and tax, I am always excited to see BoringTech startups transforming these industries. Knowing the team from the past and what they can deliver and seeing the strong early customer traction, I trust SparkReceipt will change the way millions of entrepreneurs handle their accounting, freeing their time for building their businesses,” comments Reima Linnanvirta, Partner at Trind Ventures.
For more information, visit: https://sparkreceipt.com/blog/trind-ventures-investment/