After bootstrapping for 8 years, accounting startup Dougs raises $27 million

And its a bootstrapped company, meaning that it hasnt opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first funding round.Dougs raised $27 million (25 million) from Expedition Growth Capital, a British VC firm that is looking for investment opportunities in bootstrapped companies that have reached a certain level of maturity. Behind the scenes, Dougs works with chartered accountants, legal experts, HR professionals, etc. With todays funding round, the company expects to reach the next level by doubling the size of its team by 2025. Up next, the startup plans to expand to new countries, such as Germany and the U.K.Dougs competes with other online chartered accountant services, such as Keobiz, Livli, Wity, etc.