Danish AI company Sumary has raised USD 25 million, equivalent to approximately DKK 166 million, in a seed funding round led by European venture capital firm Singular.
The funding round includes both existing investors, including byFounders, Partech and Tenity, and new investors.
Sumary develops AI-based solutions for bookkeeping and accounting, focusing on the audit and accounting sector. The company has offices in Copenhagen and London and counts Deloitte, Baker Tilly and Grant Thornton among its customers.
The new funding will be used to accelerate Sumary’s commercial growth, expand its customer base