Regate, a Paris, France-based financial and accounting management company, raised €20m in Series A funding.
The round was led by Valar Ventures fund, with participation from 360 Capital and La Financière St-James.
The company intends to use the funds to accelerate product development and expand operations and its business reach in Germany and Spain.
Founded in 2020 by Laura Pallier and Alexis Renard, Regate provides a SaaS platform to automate financial and accounting management and save users time on a daily basis. Designed as a cockpit, the system allows finance departments and their accountants to save time by automating recurring tasks, gathering all the valuable financial data in one place, and improving collaboration between teams. The system is integrated with accounting software, to enable users to benefit from real-time accounting that is always up to date.
FinSMEs