Eagl Raises €825K to Automate Month-End Closing with AI Technology

Eagl's Innovative Leap in Finance Automation



Eagl, a promising startup based in Ghent, Belgium, recently raised an impressive €825,000 to refine and expand its AI capabilities to revolutionize finance operations for in-house teams. Founded in April 2025 by a group of talented professionals including Samuel Van Innis, Benoit Baervoets, Brecht Carnewal, and Frederik Bakx, Eagl aims to create a financial platform that automates the month-end closing process, allowing finance teams to focus on strategic decision-making rather than tedious manual tasks.

The funding round was spearheaded by Syndicate One and CNBB Equity Partners, with contributions from several notable SaaS founders and industry experts. The capital will primarily be allocated to expanding Eagl’s engineering team and fostering its growth throughout Europe.

Samuel Van Innis, the CEO and co-founder, insightfully states, "Most finance teams are overwhelmed with resolving issues instead of creating value." Eagl’s mission is to transform laborious manual reviews into instantaneous insights, enabling financial leaders to focus on crucial strategic initiatives while providing auditors with more reliable data.

Automated Solutions for Better Efficiency



The innovative platform developed by Eagl seamlessly integrates with existing ERP and accounting systems. Its capabilities include the automation of accounting processes, real-time monitoring of data quality, and the quick identification and resolution of any inconsistencies within the data. This transformation can significantly reduce errors, streamline month-end closing processes, and shorten audit cycles, thus alleviating the workload currently shouldered by finance and auditing teams.

“Beyond mere automation, we monitor data quality in real-time and resolve discrepancies instantly,” says Frederik Bakx, the CFO and co-founder. “This enhances efficiency and significantly reduces stress for both finance teams and auditors.” By addressing one of the finance world's biggest bottlenecks, Eagl leverages technology that truly understands the context of business operations.

Aiming for the Future of Financial Operations



Industry experts recognize Eagl's potential to fundamentally change how finance teams operate. Matthias Geeroms, founder and CFO of Lighthouse, emphasized, “Eagl is tackling one of the most significant pain points for finance teams with its technology that's designed with context in mind. Many in the SaaS ecosystem believe that Eagl's solution will revolutionize financial operations.”

As Eagl continues to develop its platform with AI at its core, it is laying the groundwork for the future of financial management, envisioning a world where teams can devote more time to strategy and less to routine tasks.

The significant backing from prominent figures in the SaaS community highlights widespread confidence in Eagl’s innovative approach. With the market steadily moving towards automation and intelligent analytics, Eagl is well-positioned to meet the evolving needs of financial departments across diverse sectors.

As the startup makes headway into the European markets, it is poised not just to enhance operational efficiencies but also to deliver trustworthy financial insights at the pace dictated by modern business environments, thus enabling organizations to thrive in a competitive landscape.

Eagl’s efforts embody the confluence of finance and cutting-edge technology, demonstrating how AI can streamline intricate workflows while simultaneously empowering finance professionals to focus on what truly matters: strategic decision-making and value creation.

With these unique capabilities, Eagl is not merely automating tasks but reshaping the very nature of financial operations, making them more responsive, agile, and conducive to proactive business strategies.

Topics Business Technology)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.