# Sumary raises $25M to expand accounting software across Europe

_Published Tuesday, November 10, 2026 at 5:07 AM EST · Capital, AI · Latest · Tier 2 — Notable_

![Sumary raises $25M to expand accounting software across Europe — Primary](https://media.thenextweb.com/2026/11/five-men-smiling-grey-studio-backdrop.jpg)

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.

## Sources

- [The Next Web](https://thenextweb.com/news/sumary-25m-seed-ai-accounting)

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Canonical: https://techandbusiness.org/newswire/TXYb05s8OvWRCRvJ2QJT7c
Published: 2026-11-10T10:07:33.596Z
Story chronology: 2026-11-10T07:45:54.000Z
Retrieved: 2026-11-10T12:12:14.424Z
Publisher: Tech & Business (techandbusiness.org)