Profitable French accounting company Dougs raises €50 million to accelerate AI automation | EU-Startups
Summary
Dougs raised €50 million from Expedition Growth Capital to speed up its AI automation strategy. The French accounting company serves more than 50,000 businesses and says it generates over €50 million in annual recurring revenue. It has built its own technology stack and is pushing from automated bookkeeping toward agentic accounting workflows. The company plans to use the capital to expand across accounting, legal, and financial management and to strengthen its presence in France.
Funding
Amount
$56.1M
Total raised
Date
October 15, 2026
Announcement date
Investors
Expedition Growth Capital
Lead investors
Company
https://www.dougs.fr
Funded company
AskAI Classifications
Sectors
Fintech, Banking and Payments
General FinTech
Functions
Accounting and Taxes
Integrated Accounting
Linked Companies
Dougs Compta
$10M to $25M