Breaking News: LiveFlow Raises $13.5 Million in Series A Funding Led by Valar Ventures
Are you ready to learn about the latest disruptor in the accounting industry that is changing the game for small businesses and accountants alike? LiveFlow, founded by former Revolut employees Anita Koimur and Lasse Kalkar, has just raised $13.5 million in Series A funding led by Valar Ventures, co-founded by Peter Thiel.
LiveFlow's innovative platform allows companies to sync real-time data from their accounting services, banks, and payment platforms into custom reports, automating workflows and consolidating company accounts. In a world where AI is gradually taking over traditional accounting tasks, LiveFlow aims to make accounting firms more efficient without replacing the human touch that small businesses value.
With major clients like BDO, KLR, Wendy's, and Crumbl Cookies already on board, LiveFlow is set to revolutionize the industry with its newest product, LiveFlow Next, designed to help accounting firms do more advisory work.
In a statement, Valar's Founding Partner James Fitzgerald praised LiveFlow for saving countless hours per month and eliminating human error. While LiveFlow does face competition from companies like Fathom and Reach Reporting, its venture-backed status and innovative approach set it apart in the market.
As the accounting industry continues to evolve, LiveFlow is poised to lead the way in transforming how businesses manage their finances. Stay tuned for more updates on this groundbreaking startup and its impact on the financial world.