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Sumary Raises $25M Seed Round Led by Singular

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Sumary

Sumary has raised $25M in Seed funding led by Singular, with participation from byFounders, Partech, Tenity and angel investors, to bring its AI accounting operating system to more accounting firms.

At a Glance

Sumary

DenmarkTechnology
Raised
$25M
Round
Seed
Investors
10
Investors
SingularbyFoundersPartechTenitySteve AnaviTuomas ArtmanStanislas PoluSteffen TjerrildJannick MallingBen Freeman
Target market
Accounting firms
Use of funds
Bringing Sumary to more large accounting firms faster, growing the commercial team and forward deployed accountants, and continuing investment in the research team

Key people

  • Pascar Sivam

    CoFounder & CEO

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Quick Answers

What is the latest news about Sumary?

Sumary has raised $25M in Seed funding led by Singular, with participation from byFounders, Partech, Tenity and angel investors, to bring its AI accounting operating system to more accounting firms.

What does Sumary do?

Sumary is based in Copenhagen, Denmark, and provides an AI operating system for accounting firms. Its software prepares core accounting workflows for professional review and helps accountants analyze clients' financial records.

How much did Sumary raise?

Sumary raised $25M in its Seed.

Who invested in Sumary?

Investors named in this Seed include Singular, byFounders, Partech, Tenity, Steve Anavi, Tuomas Artman, Stanislas Polu and Steffen Tjerrild and 2 others.

How will Sumary use the funding?

Sumary plans to use the money for bringing Sumary to more large accounting firms faster, growing the commercial team and forward deployed accountants, and continuing investment in the research team.

Where is Sumary based?

Sumary is based in Denmark.

Who are the key people at Sumary?

Key people named in this report: Pascar Sivam (CoFounder & CEO).