Best Finance & Accounting Tech Companies in Illinois, United States
The 92 best Finance & Accounting Tech companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SpringCM.
Our analysis of 50 Finance & Accounting Tech companies
$10.3b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Finance & Accounting Tech companies in Illinois
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | SpringCM Cloud enterprise content and contract management solutions | $136M | 95 mo ago | 161 | — | — | — | — |
| 2 | BigTime Cloud based platform offering software for time tracking | $117M | 53 mo ago | 115 115 → 169 (+47%) | Brian Saunders Co-Founder | WordPressApple iCloud MailGoogle Workspace+37 | — | — |
| 3 | Paro AI-based suite solutions for finance and accounting management | $67M | 36 mo ago | 158 158 → 303 (+92%) | Michael Burdick Founder | WordPress Site EditorWordPressMySQL+34 | — | — |
| 4 | Janus AI AI and SaaS-based revenue cycle management tool for healthcare providers | $56M | 20 mo ago | 94 94 → 110 (+17%) | Brendan Downing Co-Founder & CEO | — | 28 patents Hardware security and access control solutions for computing devices and network interfaces | 3 job openings · 2 partnerships |
| 5 | onShore Security Cyber security solutions provider 55Funding top 24%Product top 30%Innovation top 36%Talent top 38% All 7 signals ▾Fundingtop 24% Producttop 30% Innovationtop 36% Talenttop 38% Techtop 49% Globalbottom 48% Marketbottom 39% Funding: Raised $43.5M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) Product: 10 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 55/100 | $44M | 4 mo ago | 46 | Dominic Vitucci Founder & CEO | Framer SitesReactAmazon Web Services+14 | — | — |
| 6 | GTreasury Treasury management system and solutions provider, offering adaptable, AI-powered financial tools | $42M | 37 mo ago | 105 | — | WebflowSalesforceAzure+26 | — | — |
| 7 | Paylocity Provider of human resources, payroll, finance, and information technology solutions | $37M | 167 mo ago | 4,150 4,150 → 7,038 (+70%) | Steve Sarowitz Founder and Chairman | DrupalAdobe Experience ManagerApple iCloud Mail+33 | 3 patents Optimizing resource allocation for cloud-based workforce management platforms | — |
| 8 | K1x Provider of AI-powered automation software for K-1, K-3, and 990 tax reporting 55Funding top 26%AI top 30%Growth top 35%Moat top 37% All 12 signals ▾Fundingtop 26% AItop 30% Growthtop 35% Moattop 37% Newstop 41% Patentstop 45% Producttop 49% Talentbottom 48% Innovationbottom 47% Techbottom 45% Marketbottom 40% Globalbottom 33% Funding: Raised $35.0M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 55/100 | $35M | 2 mo ago | 61 | Neal Schneider Co-Founder | WordPress Block EditorWordPressMySQL+28 | 6 patents Patents concentrated in computing, sensing & instrumentation | 1 award |
| 9 | Eved Provides spend management and payments platform for businesses | $31M | 69 mo ago | 30 | Talia Mashiach Founder & CEO | — | 9 patents Event management software platforms for scheduling, coordination, and execution of events | 1 launch |
| 10 | Simfoni AI-based spend analysis and management solution for businesses | $23M | 36 mo ago | 97 | Stefan Dent Co-Founder and Chief Strategy Officer | WordPressTypeScriptPHP+39 | — | 1 job opening · 4 awards |
| 11 | Celergo Payroll service provider | $15M | 183 mo ago | 102 | — | — | — | — |
| 12 | TurboAppeal Oline platform for preparing and filing residential property tax appeals. | $8M | 116 mo ago | 18 | — | — | — | — |
| 13 | Hybrent Provider of web-based inventory management software | $3M | 111 mo ago | 45 | Harold Richards Co-Founder & President | — | — | — |
| 14 | TaxProper Provider of property tax assessment services | $2M | 72 mo ago | 5 | Thomas Dowling Co-Founder | — | — | — |
| 15 | Clockwork AI & cloud-based cash flow management solutions for small businesses | $2M | 50 mo ago | 11 | Fady Hawatmeh Founder and CEO | WebflowGSAPEmotion+22 | 2 patents Pricing algorithms and sales platforms for home repair and service commerce | 2 launchs |
| 16 | Financial Management Systems Revenue recovery and debt collection solutions for businesses | $2M | 196 mo ago | 475 | Balaji Rajan CEO | — | — | — |
| 17 | Cheddar Subscription Management and Recurring Billing solutions provider | $1M | 107 mo ago | 26 | Mike Trotzke Co-Founder & CEO | PHPUbuntuBootstrap+14 | — | — |
| 18 | Ramsay Innovations Provider of financial planning & analysis services | $1M | 39 mo ago | — | Jon Morris Founder & CEO | — | — | — |
| 19 | KPI Sense Tech-enabled accounting services | $1M | 63 mo ago | 10 | — | WebflowYouTubecore-js+8 | — | — |
| 20 | Flare Provider of the nonprofit financial management platform | $660K | 25 mo ago | 7 | Vernon G Founder | — | — | — |
| 21 | symmetRE Online deposit administration solution for real estate owners and operators | $305K | 16 mo ago | 9 | Luke Pacold Co-Founder | Tailwind CSSVercelAstro+14 | — | 1 launch |
| 22 | Passport Software Customizable software solutions for accounting, manufacturing, distribution, retail, and ACA compliance | $304K | 74 mo ago | 37 | Bob Wall Co-Founder | WordPressMySQLPHP+14 | — | 1 launch |
| 23 | Miso3 Market data analytics platform | $200K | 69 mo ago | 4 | David Baule CEO | — | — | — |
| 24 | Gold Prairie SaaS-based continuous monitoring solution of accounts payable | $175K | 160 mo ago | 11 | — | — | — | — |
| 25 | Lucro AI-powered platform for financial institutions to collect, organize, and present data | $150K | 127 mo ago | 10 | — | — | — | — |
Top 12 Finance & Accounting Tech companies in Illinois
#1
Series B · Chicago, Illinois · founded 2022 · 61 employees$35Mraised▾
Provider of AI-powered automation software for K-1, K-3, and 990 tax reporting. This software automates the receipt and production of K-1s, streamlining the process for both investors and advisors. It also offers automated 990 exempt reporting and filing, including e-filing capabilities. The platform integrates with various other software solutions and provides support, training, and onboarding services. The software aims to reduce manual effort, costs, and risks associated with alternative investment tax compliance.
- Apr 2026PE$175M
- Sep 2024PE$20M
- Dec 2022Series B$15M
#2
Series B · Chicago, Illinois · founded 1991 · 46 employees$43.5Mraised▾
OnShore Security provides cybersecurity services. Provides real-time monitoring, correlation, and analysis of an organization's network. The company uses IDS (intrusion detection system) technologies and collect data from cloud-placed sensors, firewalls, network devices etc and correlate data into company's proprietary SIEM (security information and event management) to provide end-to-end security.
- Feb 2026Series B$31M
- Oct 2024Series A$12M
- Jan 2023Unattributed$500K
#3
Series B · Chicago, Illinois · founded 2020 · 94 employees$56Mraised▾
AI and SaaS-based revenue cycle management tool for healthcare providers. It provides an end-to-end revenue cycle platform to provide operational insights, patient access, collecting data, claims management, navigating payer portals, and more.
- Sep 2024Series B$10M
- Mar 2023Series B$45.1M
- Dec 2021Series A$8.9M
#4
Series C · Chicago, Illinois · founded 2015 · 158 employees$67Mraised▾
AI-based suite solutions for finance and accounting management. It offers solutions for bookkeeping, financial reporting, account reconciliation, budgeting, forecasting, tax management, tax filing, auditing, and more. It also offers solutions for advisory strategy and HR management.
- Jun 2023Series C$25M
- Sep 2021Series B—
- Aug 2021Series B—
- Jul 2021Series B$25M
#5
Series C · Chicago, Illinois · founded 2002 · 115 employees$117.1Mraised▾
Cloud based platform offering software for time tracking. The platform offers features such as time tracking, invoice management, reporting, accounting software integration, and more. It also offers project management, payment processing, and resource management solutions.
- Jan 2022Series C$100M
- May 2019Series B$14M
- May 2014Series A$413.2K
- May 2014Conventional Debt—
#6
Acquired · Lake Zurich, Illinois · founded 1986 · 105 employees$42Mraised▾
Treasury management system and solutions provider, offering adaptable, AI-powered financial tools. The company delivers clarity and control over treasury operations with industry-leading solutions. These solutions span cash visibility, forecasting, and netting, to assessing and managing risk. It provides a treasury platform designed for every stage of treasury complexity. The company offers comprehensive visibility into global cash positions, precise cash forecasts, and efficient debt and investment management. It helps mitigate exposure to foreign exchange and interest rate risks with integrated hedging strategies. The company streamlines cash flow with automated netting processes and centralizes payment processes. It is a B2B tech company offering SaaS and software solutions, including treasury management systems, connectivity, risk management, and compliance tools. The company leverages Artificial Intelligence to amplify treasury and finance solutions.
- May 2023Series C—
- Oct 2017Series B$42M
#7
Series B · Chicago, Illinois · founded 2007 · 97 employees$23Mraised▾
AI-based spend analysis and management solution for businesses. Its products include Virtuosi, a machine learning-enabled spend analytics platform that helps organizations gain insights from the data, Vitesse, a tail spend management solution, Sourceforce App for analytics, and reporting functionality for procurement project management and savings tracking.
- Jun 2023Series B$8M
- Jul 2021Series B$15M
- Jan 2020Series A$3M
#8
Acquired · Chicago, Illinois · founded 2005 · 161 employees$136.1Mraised▾
SpringCM provides cloud enterprise content and contract management solutions for businesses. It features on-demand workflow automation and document management for the legal and sales team in a web-based environment. The platform manages the contract lifecycle from contract creation through negotiation, approvals, signature, archiving, and renewals. The product includes workflow, mobile, and security features that eliminate time-consuming manual steps in critical business processes. It integrates with Salesforce and provides visibility into the status of contracts. Its major clients are ADP, Aetna, AthenaHealth, and CableOne.
- Jun 2018Conventional Debt$10.5M
- Feb 2017Series E$25M
- Jun 2016Conventional Debt—
- Jun 2016Series D$17.5M
#9
Series A · Chicago, Illinois · founded 2018 · 9 employees$305Kraised▾
SymmetRE is an online deposit administration solution for real estate owners and operators. The platform offers its solutions to landlords and property managers to reward residents through security deposit optimization. The platform can be integrated with ERP software and deposit accounts.
- Feb 2025Series A$5M
- Aug 2018Seed$305K
#10
Series C · Chicago, Illinois · founded 2010 · 30 employees$31.4Mraised▾
Eved provides a spend management and payments platform for businesses. Offers a complete Source-to-Pay cloud-based technology solution that automates the buying and selling of meetings.
- Sep 2020Series C$1.9M
- Dec 2015Series C$14.4M
- Jan 2013Series B$1.7M
- Jan 2012Series B$9.5M
#11
Public · Arlington Heights, Illinois · founded 1997 · 4150 employees$37.3Mraised▾
Provider of human resources, payroll, finance, and information technology solutions. The company offers tools for streamlining and automating HR processes, including talent acquisition, onboarding, performance management, and compensation. It provides payroll services, tax services, and on-demand payment options. The company also delivers finance products for expense management, corporate cards, and accounting automation. Additionally, it offers IT solutions for asset management and access management.
- Jun 2012Series B$27.3M
- May 2008Series A$10M
#12
Seed · Chicago, Illinois · founded 2021 · 7 employees$660Kraised▾
Provider of the nonprofit financial management platform. It offers solutions such as automated financial compliance, consolidated transaction processing, and more. The platform can be integrated with fundraising, finance, and program data.
- May 2024Seed$15K
- Dec 2022Seed$625K
- Jun 2022Seed$20K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Finance & Accounting Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Illinois researches in fintech
University of Illinois institutions (led by UIUC) research fintech, crowdfunding, and blockchain with a cautiously optimistic tone, balancing advancements against concerns in digital finance and financial inclusion.
- University of Illinois at Springfield7
- Eastern Illinois University4
- University of Illinois Urbana-Champaign4
- Illinois Institute of Technology4
- Western Illinois University3
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.