Overview
Balance is an accounting firm using its own AI agents to run ongoing financial administration. It serves businesses in the UK and Denmark, combining automated processing with accountants who review and take responsibility for the work.
What Balance does
Balance’s agents categorize transactions, reconcile accounts and match documents through the month. Accountants review the work so the books are maintained continuously rather than reconstructed only when the reporting deadline arrives.
The service includes bookkeeping, VAT, statutory accounts and corporation tax, with payroll, management accounts and cash-flow forecasting available according to the engagement. Its workflows address different business models, including ecommerce channels, subscription revenue, hospitality takings and project-based work.
Customers work with an accounting team and can ask the Bea assistant questions about their financial information. The service is presented at a flat monthly price, with the operational scope shaped around the business. Balance’s own agents support the firm’s delivery rather than being the customer’s only point of contact.
Differentiation
Compared with periodic bookkeeping
Balance maintains and reconciles the books through the month, giving the accounting team current records to review rather than starting from a backlog.
Compared with a finance chatbot
The assistant sits within an accounting service that prepares and reviews the books. The customer engages the firm for the work, not only for answers generated from financial data.
Company details
- Headquarters
- London, United Kingdom
- Founded
- 2025
- Team size
- 20 (YC-listed team)
- Funding
- $4.7M total raised
Founders & leadership
Investors & backers
Y Combinator
