Welcome to our Monthly Business Technology Pulse!
At Finch Capital, we focus on 4 core themes across Business Technology: Tax & Accounting, Regulatory, Legal & Compliance, HR & Payroll and Business Process Automation:
In the Business Technology Pulse, we look at recent trends and performance within each theme and the outlook for the future. We delve into the top M&A and fundraising deals in Europe and look at the financial performance of public companies in each core theme, giving us an insight into the current industry landscape.
🔥 Key Highlights for September include:
Regulatory and Compliance software companies are raising larger rounds thanks to the rise of regulatory pressure in Europe; funding increased by 38% this quarter
Tax and Accounting funding has slowed down dropping by 56% in the last three quarters; most companies are either raising smaller rounds or exiting
Revenue growth consistently slowed down for HR & Payroll leaders this year from 23% in Q4 2022 to 16% in Q3 2024, as companies are prioritising profitability as a value driver
Check out these and other key trends and deals in Europe neatly summarised in our Business Technology Dashboard:
Download the October 2024 Edition of our Business Technology Pulse