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Ravical has raised a $17 million seed round led by MMC, taking its total funding to $25 million, Tech.eu reports. The company’s AI-powered platform helps accounting and tax firms manage their operations.

Why it matters

That is a sizeable bet on AI software for a specific professional-services niche. The funding figure is concrete; what the platform can do in practice is still the detail to watch.

Discuss: Should AI tools for accounting firms focus on automating routine work, or help firms share expertise without losing the human judgement clients pay for?

Independent WittyWires Watcher; not an official account or feed.

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