AI startup Eagl secures €825K funding for introducing AI-driven automation in finance departments
In the world of finance, managing accounts and controlling workflows can be a daunting task. However, a new AI-native financial operations platform, Eagles, aims to change this narrative.
Eagles, a Belgian startup, has recently raised €825,000 in funding to expand its engineering team and accelerate the development of its platform. The funding round was led by Syndicate One and CNBB Equity Partners, with backing from leading SaaS founders.
The platform, designed to bring context and intelligence into every accounting and controlling workflow, connects directly to a CFO's stack, plugging into ERP and accounting systems. Eagles automates these workflows, ensuring accuracy of the books and generating reports enriched with business context.
Matthias Geeroms, founder and CFO of Belgian unicorn Lighthouse, believes Eagles tackles a frustrating bottleneck in finance with technology that understands business context. He stated that Eagles turns days of manual checking into instant insights.
Finance leaders often spend up to 70% of their time gathering, cleaning, and reconciling data instead of analysing it. Eagles aims to free finance teams from manual month-end work, ensuring accurate, structured financial data. The platform monitors data quality and shortens audit cycles, continuously resolving anomalies in real time.
Many in the SaaS ecosystem believe that Eagles' platform will fundamentally change how finance teams operate. Eagles' co-founder and CEO, Samuel Van Innis, expressed his vision, stating that Eagles helps reduce errors and speed up month-end closes.
The funding will be used to expand the engineering team and accelerate the development of Eagles' AI-native platform. With the support of its investors, Eagles is poised to revolutionise finance operations, making them more efficient and less error-prone.
Investors in the round include Joris Van Der Gucht (Silverfin, Ravical), Jeroen De Wit (Teamleader), Lorenz Bogaert (Rydoo, StarApps), Louis Jonckheere (Showpad), Roeland Delrue (Aikido Security), and Jorn Vanysacker, Gilles Mattelin, and Wouter Van Respaille (Henchman). The exact locations of these investors are not specified in the available information.
In conclusion, Eagles' innovative approach to financial operations has caught the attention of leading SaaS founders and investors. With its AI-native platform, Eagles is set to transform the way finance teams operate, making them more efficient and effective.
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