Finmatics logo — FIN - Your AI-Accountant

Finmatics

FIN - Your AI-Accountant

Founded 2017 Austria Austria 102 employees Series A Total: $10.70M AI, Financial Services +2

General Information

Company Name Finmatics
Founded Year 2017
Location Austria Austria
Founders / Decision Makers
Team member
Employees 102
Industries AI, Financial Services, Information Technology +1
Funding Stage Series A
Social

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About Finmatics

Finmatics, founded in 2017 and headquartered in Austria, is leveraging artificial intelligence to revolutionize the financial services landscape. Operating at the intersection of AI, Financial Services, Information Technology, and Machine Learning, the company embodies its slogan: "FIN - Your AI-Accountant." Finmatics offers a comprehensive platform designed for automated accounting, enabling businesses to streamline their digital accounting processes through intelligent document processing and automation.

Their flagship product, driven by AI named Fin, excels in document separation, data extraction, and providing posting suggestions, all packaged in a solution that is both scalable and easy to use.

In their latest funding round on 15 March 2023, Finmatics secured a €6.00M Series A investment, led by Mangrove Capital Partners and eQventure. This capital injection highlights the confidence investors have in Finmatics’ potential to further penetrate the market and expand its influence in digital financial services.

Business keywords: AI-accounting, document processing, automation optimization, self-learning AI, bookkeeping automation, accounting software, finance data analytics, process automation, supplier portals, SAP integration, Microsoft Dynamics integration, Oracle integration, BMD Business Software, RZL Software, DATEV integration

Services & Products

Automated Document Processing
AI-Generated Booking Suggestions
Split Transaction Automation
Integration with Accounting Software

Target Customers

Accounting Firms Tax Advisors Enterprises using SAP, DATEV, BMD, Agenda, Microsoft Business Central Business Organizations looking to digitize accounting processes

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €6.00M 2
Mangrove Capital Partners, eQventure
15 Mar 2023
Venture Round €1.50M 1
eQventure
26 Apr 2022
Seed Round €1.00M 1
eQventure
17 Jul 2021
Pre Seed Round €1.20M 1
eQventure
07 Aug 2020
Pre Seed Round €1.00M 1
eQventure
02 Jul 2018

Finmatics Alternatives & Competitors

View All Alternatives
Finmatics vs
Procys
Procys The Netherlands

Unlock the Power of Automated Document Processing with 🚀 Procys #1 Solution with its own algorithm

Seed
19 employees
AI, Fintech
Finmatics vs

Payroll & Accounting Automation with Intelligent Software

Acquired
7 employees
AI, Financial Services
Finmatics vs

Unified Intelligent Process Automation Platform

64 employees
AI, Analytics

FAQ About Finmatics

FIN - Your AI-Accountant
Finmatics was founded in 2017.
Finmatics is headquartered in Austria.
Finmatics operates in AI, Financial Services, Information Technology and Machine Learning. Its work centres on AI-accounting, document processing, automation optimization and self-learning AI. Its customers include Accounting Firms, Tax Advisors and Enterprises using SAP, DATEV, BMD, Agenda, Microsoft Business Central.
Finmatics has approximately 102 employees.
Finmatics has completed 5 funding rounds, raising a total of $10.70M. The latest funding stage is Series A.
Finmatics offers: Automated Document Processing, AI-Generated Booking Suggestions, Split Transaction Automation, Integration with Accounting Software.
Top alternatives and competitors to Finmatics include Procys, Zeitgold (acquired by Deel), Xtract.io, Typless, Beaver. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Finmatics and Procys are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Finmatics, https://bouncewatch.com/company/finmatics, updated 9 April 2026. When citing, please name BounceWatch and link this page.

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