Silverfin, a Ghent, Belgium-based real-time connected accounting platform, raised $4.5m in Series A funding.
The round was led by Index Ventures, with participation from existing investors.
The company intends to use the funds to accelerate product development, expand the team at its headquarters in Belgium, and begin to build its international presence, starting in the UK.
Founded in 2013 by Joris Van Der Gucht and Tim Vandecasteele, Silverfin provides a real-time connected accounting platform that unifies businesses’ financial data, reporting and communication addresses.
The solution, which integrates with any of the known accounting or financial software systems, is used by over 64,000 businesses, either directly or via their accountancy firm.