Bluebook, an AI-powered software specifically designed for savvy accounting firms eager to embrace AI innovation and transform traditional accounting practices, has raised $3M in funding from EQT Ventures and Y Combinator.
Angel investors include Huey Lin (Founding COO of Affirm), Laura Modiano (OpenAI) and Carles Reina (Eleven Labs).
Bluebook is an AI-powered platform designed specifically for accounting firms. It offers several key services to enhance efficiency and accuracy: it automates repetitive tasks, allowing accountants to streamline processes and provide guided assistance to clients. It also conducts rapid monthly reviews by auditing financial records in detail, helping to identify outliers and potential issues before they escalate.
Alongside this, it automates supplier invoice processing, from data extraction to approval, reducing manual entry and minimizing errors. The platform also provides answers to complex research questions across accounting, tax, and VAT, supported by accurate and reliable citations.
The startup is already working with Nordic firms and has a backlog of firms onboarding across Sweden, Norway, Finland, and Denmark this quarter. In 2025, Bluebook will continue its expansion in the Nordics and Europe.
Philip Andersson, CEO and Co-Founder of Bluebook, commented: “The accounting industry is at an inflection point. Complexity is increasing, the market is consolidating, AI is on the rise which is leaving firms scattered. We're just scratching the surface of what's possible today.
"Bluebook is not just another accounting tool, it’s the future of a fundamentally new way for firms to operate. Allowing them to focus more on high-value advisory work. We believe AI should work alongside accountants, not against them. And with the backing of EQT, YC, and some of the world’s AI and fintech leaders, it allows us to pursue that future.”
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