Qount Raises $17M to Accelerate Growth and Enhance AI-Powered Practice Management Solutions
Qount is transforming practice management for accounting firms with its AI-powered platform, designed to help accountants, tax professionals, auditors, and bookkeepers optimize workflows, reduce administrative burdens, and enhance client service delivery
Company Name: Qount
Location: Plano, TX
Industry: Accounting
Funding Details
- Amount: $17M
- Investors:
- Lead: Savant Growth
- Participants: Kennet Partners (investment partner) and co-investment from Qount’s new leadership team
- Board Appointments:
- Javier Rojas, Managing Partner, Savant Growth
- Olivier Verhage, Principal, Savant Growth
- Peter Miele, CEO, Qount
Purpose of Investment
- Accelerate company growth and expand market reach.
- Increase investments in AI to further automate practice management and service delivery workflows.
Leadership
- CEO: Peter Miele
Product
Qount offers a cloud-based, AI-driven practice management platform tailored for public accounting firms. It streamlines operations, improves collaboration, and automates routine workflows for accounting professionals.
Key Features
- CRM & Onboarding: Simplifies client relationship management and onboarding processes.
- Internal & Client Collaboration: Facilitates seamless communication and file sharing.
- Document Management: Centralizes and organizes documents securely.
- Task & Workflow Automation: Automates routine tasks to boost productivity.
- E-Signatures & Payments: Enables secure electronic signatures and streamlined payment processing.
- Billing & Project Tracking: Manages billing cycles and tracks project progress efficiently.
About the Company
Qount is transforming practice management for accounting firms with its AI-powered platform, designed to help accountants, tax professionals, auditors, and bookkeepers optimize workflows, reduce administrative burdens, and enhance client service delivery. Its comprehensive suite of tools supports end-to-end practice management, driving efficiency and growth for modern accounting practices.
Future Plans
With this funding, Qount will accelerate product development, enhance AI capabilities, and expand its footprint within the accounting industry, helping firms automate critical operations and improve service delivery at scale.
