Practice Ignition raises AU$26m Series B funding round to transform the accounting and bookkeeping industry

Practice Ignition, a software solution for accountants, announced it has completed its Series B round, raising AU$26 million, led by Tiger Global Management. “The innovation arm of our business is about to kick into high gear as we look to further assist accountants and bookkeepers solve their critical challenges in connecting with clients. We plan to bring some exciting enhancements to the platform that will further help them serve clients whilst saving time and money,” says Dane Thomas, Co-Founder and Head of Product, Practice Ignition. The biggest benefit of the platform is giving back time spent by accountants and bookkeepers running their businesses to instead focus on their clients’ needs” Guy Pearson concluded. Jason Lenga, Operating Partner, Tiger Global Management, said: “We are excited to back Guy, Dane and the Practice Ignition team.