Sumary raises $25M to expand accounting software across Europe

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Published Tuesday, November 10, 2026 · 5:07 AM EST

Sumary, a Copenhagen-founded accounting software startup, raised $25M in a seed round led by Singular, with participation from existing investors byFounders, Partech and Tenity. The company will use the capital to expand across Europe, making London its commercial hub while keeping technology and AI research in Denmark. Its software handles monthly closes, VAT returns and year-end preparation across clients' existing bookkeeping systems, with an accountant reviewing and signing off each step. Sumary says customers include Deloitte, Grant Thornton and Baker Tilly. Its claims of reduced preparation time reflect company-reported results from firms using the software for three months.

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The Next Web

Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.

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