Thursday, November 30, 2023

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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

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