Fundraising Fox
/Companies
Sign in

Accrual

Beverly Hills, US · Founded 2024 · Delaware corporation · 23 employees on LinkedIn · 3 known investors

Find your way into Accrual

Sign up to see every warm intro you have to Accrual

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Accrual team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

Accrual builds AI-powered software that automates routine accounting tasks for accounting firms, enabling accountants to focus on high-value advisory work. The platform handles complex financial data processing, workflows, and compliance requirements to increase throughput and accuracy in professional accounting services.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Founders & leadership

Accrual was founded in 2024 by Cosmin Nicolaescu and Dan Yu.

CNCosmin Nicolaescu
Cosmin NicolaescuCo-Founder
DY
Dan YuFounderFounder of Accrual, which builds AI-powered software that automates routine accounting tasks for accounting firms so accountants can focus on advisory work.
SC
Siddarth ChandrasekaranFounder

Board

MBMarc Bhargava
Marc BhargavaBoard directorManaging Director at General Catalyst

Investors · 3

PruVen Capital Partnerslisted by PruVen Capital PartnersLos Altos · $100K – $10M

How we know: internationalaccountingbulletin.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Also in the syndicate · 1

Edward Jones Ventures

Funding

SEC filings, press & company announcements

$166.4M disclosed across 3 rounds · 2024–2026

▶$16.4MraisedNov 2024 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Siddarth ChandrasekaranExecutive Officer, Director
  • Cosmin NicolaescuExecutive Officer, Director
  • Marc BhargavaDirector
Offering amount
$17M
Amount sold
$16.4M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 10

IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
XeroXero provides cloud-based accounting software for small businesses and their advisors, serving around 5 million customers across 180+ countries including Australia, the UK, the US, and New Zealand. The page is an investor relations section covering financial results, annual reports, and shareholder information.
DigitsDigits is an AI-native accounting platform that automates schedules such as fixed assets, prepaid expenses, revenue recognition, and accrued expenses directly within the general ledger, replacing spreadsheets and manual journal entries. It serves accountants and accounting firms with automated bookkeeping, reconciliations, and month-end financial reporting.
CorporatefinanceinstituteCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
ConcurSAP Concur is a spend management platform that consolidates travel, expense, and accounts payable processes in a single system for organizations to track and control spending. The platform serves mid-to-large enterprises seeking to enforce spending policies, reduce fraud, and gain visibility into organizational expenditures.
FinoptimalFinOptimal provides accounting automation and financial reporting services, offering software tools and managed accounting services for finance teams and accounting firms.
RampRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
FinqueryFinQuery is an intelligent subledger platform that extracts data directly from source documents to automate technical accounting tasks including lease accounting, fixed assets, debt management, and accrual/prepaid expense accounting. It integrates with any ERP system and serves organizations managing complex accounting compliance requirements.
TrullionTrullion provides AI-powered software for internal and external audit teams that automates testing, data extraction, and reconciliation workflows. The platform centralizes audit work, reduces manual errors, and enables real-time collaboration for financial statement validation.
NumericNumeric builds a software platform for corporate finance and accounting teams that combines real-time accounting, data transformation, and AI-powered analytics to replace manual spreadsheet-based processes. The platform serves CFOs and accounting teams seeking to automate recurring financial workflows and improve decision-making.

Companies working in the same space as Accrual.

In the news

Accrual Raises $75M in Fundingfinsmes.com · Feb 2026

Frequently asked questions

What does Accrual do?
Accrual builds AI-powered software that automates routine accounting tasks for accounting firms, enabling accountants to focus on high-value advisory work. The platform handles complex financial data processing, workflows, and compliance requirements to increase throughput and accuracy in professional accounting services.
Who founded Accrual?
Accrual was founded by Cosmin Nicolaescu, Dan Yu in 2024.
Who are Accrual's investors?
Accrual's investors include General Catalyst, PruVen Capital Partners.
How much funding has Accrual raised?
Accrual has disclosed $166.4M raised across 3 rounds.
Where is Accrual headquartered?
Accrual is headquartered in Beverly Hills, US.