FinQuery, formerly known as LeaseQuery, offers an AI-enabled, CPA-approved accounting automation platform that functions as a dedicated sub-ledger. Its software simplifies lease accounting compliance across multiple standards (ASC 842, IFRS 16, GASB 87 & 96, SFFAS 54, FRS 102) while automating prepaid and accrual accounting and integrating with customers’ ERP systems. By abstracting leases, contracts, and invoices into a comprehensive system of record, the tool accelerates month-end close, streamlines audits, and strengthens internal controls. Founded in 2011, the Atlanta-based company serves more than 8,700 companies and organizations, empowering over 40,000 finance professionals. FinQuery targets Controllers and CFOs challenged by growing accounting complexity and the need for real-time insights. With fresh backing, the firm aims to expand its capabilities, sustain rapid product innovation, and pursue both organic development and strategic acquisitions. No revenue figures were disclosed in the article.

Total raised

$65M

Funding rounds

3

Latest round

Equity

Latest activity

Apr 2024