Fred SAS

Fred de la Compta is a Paris-based company specializing in digital accounting services, connecting businesses with qualified accountants through a user-friendly platform that streamlines financial management for small to medium-sized enterprises. Founded in 2015 in Paris, France, Fred de la Compta provides a digital platform for businesses seeking accounting services. Romain Passilly, the CEO and founder, has led the company through four funding rounds, with the most recent being a Series D round in December 2022, raising EUR 12. 81 million.

The company has not undergone major pivots and currently has a valuation of EUR 33. 96 million. Fred de la Compta offers a range of accounting services via a digital platform that connects clients with qualified accountants. Their offerings include a free referral service and collaborative accounting software that automates financial processes, catering primarily to small to medium-sized enterprises in France and other European markets.

In the most recent fiscal year 2016, Fred de la Compta reported a revenue of EUR 10. 52 mn, with an EBITDA of EUR -142,072. The company utilizes a subscription-based pricing model, starting from EUR 99 per month, facilitating B2B transactions and ongoing client-accountant relationships. Following the Series D funding round completed in December 2022, Fred de la Compta plans to expand its service offerings and enter new European markets.

The company aims to launch new products designed to enhance their digital accounting platform and improve client engagement. Recent funding will be allocated to support these innovative developments and market expansion efforts.