Regate: Raises €20M in Series A Funding

Regate Raises €20M in Series A Funding

• 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
• The company 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