- Singapore bookkeeping automation startup Bluesheets raised $6M at a $30M valuation.
- It helps over 10,000 clients efficiently process financial data across 100+ tools.
- Fresh funding to fuel product development and maintain rapid growth.
Bluesheets funding
Singapore-based bookkeeping automation platform Bluesheets has secured $6 million in its latest funding round, led by returning backers Insignia Ventures Partners.
The round values the startup at $30 million post-money.
Founded in 2020, Bluesheets helps companies efficiently process financial data through automated workflows integrated with over 100 major tools.
Its 10,000+ clients range from startups to large corporations across industries.
Bookkeeping boost
The fresh funding comes as Bluesheets reportedly achieved $1.2 million in revenue for 2023. It brings Bluesheets’ total disclosed funding so far to around $11 million.
Previous backers joining the latest round include Kistefos AS, 1982 Ventures, and KipleX.
Bookkeeping remains a tedious task for many businesses, and automated solutions like Bluesheets are attracting strong investor interest.
The startup plans to use the capital injection to drive product development and maintain its rapid growth trajectory.
