2 years ago

Jenesys AI Secures €1 Million Pre-Seed to Integrate Generative AI into Transactional Accounting

  • Jenesys AI, a London-based startup that helps accountants manage client bookkeeping, compliance, and global payments, has raised €1 million in a pre-seed funding round

  • The funding was led by Twin Path Ventures, with participation from Fuel Ventures, Antler, Hatcher+, and angel investors

  • The company's AI co-pilot, "Jack", automates tasks like transaction reconciliation, compliance checks, and budget updates, allowing accountants to focus on higher-level work

  • Jenesys AI's technology aims to improve efficiency and accuracy in financial management, addressing critical inefficiencies in the $580 billion global accounting market.

      • ProblemFinancial Services

      "making manual bookkeeping and compliance tasks more efficient and accurate"

      Solution

      "integrating generative AI into transactional accounting to automate tasks, minimize errors, and improve productivity"

      Covered on