About Accountable
Accountable is a company based in Brussels (Belgium) founded in 2017. It operates as a SaaS (Software-as-a-Service), Freemium, and Subscription Services. Accountable has raised $12.89 million across 3 funding rounds from investors including 10x Founders, Matthias Knecht and Christian Grobe. Accountable offers products and services including Accountable App, AI Tax Advisor, and Banking Integration. Accountable operates in a competitive market with competitors including Wave, FreshBooks, Collective, Indy and Quipu, among others.
- Headquarter Brussels, Belgium
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Accountable
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.89 M (USD)
in 3 rounds
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Latest Funding Round
$4.22 M (USD), Series A
May 05, 2022
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Investors
10x Founders
& 5 more
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Employee Count
Employee Count
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Products & Services of Accountable
Accountable offers a comprehensive portfolio of products and services, including Accountable App, AI Tax Advisor, and Banking Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financial management tool for self-employed with invoicing.
AI-driven tax advice provided for self-employed individuals.
Banking connection offered for tracking and managing finances.
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Funding Insights of Accountable
Accountable has successfully raised a total of $12.89M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.22 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $4.2M
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First Round
First Round
(11 Dec 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series A - Accountable | Valuation |
investors |
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| Sep, 2021 | Amount | Series A - Accountable | Valuation | Stride.vc , Connect Ventures |
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| Dec, 2018 | Amount | Seed - Accountable | Valuation | Connect Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Accountable
Accountable has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include 10x Founders, Matthias Knecht and Christian Grobe. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Investments in seed stage startups are made by Stride.vc.
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Founded Year | Domain | Location | |
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Early-stage investments are made in product-focused companies by Connect Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Accountable
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Accountable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accountable Comparisons
Competitors of Accountable
Accountable operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wave, FreshBooks, Collective, Indy and Quipu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web-based accounting software is offered for business use.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based back-office platform for self-employed and businesses is offered.
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| domain | founded_year | HQ Location |
Cloud-based accounting software is provided for freelancers' financial management.
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| domain | founded_year | HQ Location |
Cloud-based accounting software is provided for business management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accountable
Frequently Asked Questions about Accountable
When was Accountable founded?
Accountable was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Accountable located?
Accountable is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Is Accountable a funded company?
Accountable is a funded company, having raised a total of $12.89M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.94M, raised on Dec 11, 2018.
What does Accountable do?
Accountable is a financial management platform designed for self-employed individuals in Belgium. It offers solutions for bookkeeping, invoicing, banking integration, and tax filing. The platform includes an AI Tax Advisor for 247 support, ensuring error-free tax returns with a guarantee. Services are provided across various plans, from free invoicing to premium subscriptions, catering to diverse financial needs. Expansion into markets like Germany, Italy, and Spain is noted, focusing on technology-driven financial solutions for small business owners.
Who are the top competitors of Accountable?
Accountable's top competitors include FreshBooks, Wave and MBO Partners.
What products or services does Accountable offer?
Accountable offers Accountable App, AI Tax Advisor, and Banking Integration.
Who are Accountable's investors?
Accountable has 6 investors. Key investors include 10x Founders, Matthias Knecht, Christian Grobe, George Pallis, and Stride.vc.