Eagle Secures €825,000 to Enhance AI-Native Financial Platform
IA startup Eagle has successfully raised €825,000 in funding, aimed at fast-tracking the development of its innovative AI-Native financial agency platform. This funding will facilitate the expansion of its AI and engineering teams while enabling the company to evolve its services across Europe.
Transforming Financial Operations with EAGL
The EAGL platform is revolutionizing financial operations by automating accounting tasks and streamlining workflow controls. By continuously monitoring data quality and addressing anomalies, the platform frees financial teams from tedious month-end processes, allowing them to concentrate on strategic initiatives.
Seamless Integration for Accurate Financial Management
EAGL seamlessly integrates with existing ERP and accounting systems, ensuring precise and structured financial data. This capability helps businesses reduce errors, accelerate month-end closures, and diminish audit cycles, transforming one of the significant pain points for internal finance teams into a more efficient and proactive process.
Insights from Leadership
“Most financial teams are overwhelmed with resolving issues instead of creating value,” explained Samuel Van Innis, co-founder and CEO of EAGL. “With EAGL, we turn manual verification days into instant insights, empowering financial leaders to focus on strategic matters while ensuring cleaner and faster financial records.”
Real-Time Monitoring for Enhanced Efficiency
Frederik Bakx, co-founder and CFO of EAGL, emphasized the platform’s robust features: “In addition to automating workflows, we offer continuous data quality monitoring and real-time anomaly resolution. This capability enables financial teams to close their books more quickly and effectively, alleviating audit-related stress.”
The Need for Innovation in Financial Management
Currently, financial managers spend up to 70% of their time on data collection, cleansing, and reconciliation instead of focusing on data analysis. EAGL directly connects to the financial backbone of organizations, partnering with ERP and accounting systems to ensure accurate financial records and generate insightful reports within a commercial context.
Support from Notable Investors
The funding round was led by Syndicate One and CNBB Equity Partners, renowned for their roles in founding successful SaaS businesses like Exactonline and Yuki. Influential founders from the SaaS ecosystem have also supported this initiative, expressing strong belief in EAGL’s potential to redefine financial operations.
Industry Perspectives on EAGL’s Innovation
“EAGL is tackling one of the most significant bottlenecks in financial management using technology that genuinely incorporates commercial context,” stated Matthias Geeroms, founder and CFO of Belgian Unicorn Lighthouse. “Many in the SaaS community believe this platform has the capacity to fundamentally enhance the operations of financial teams.”