Numina raises €1.1 million to build a free accounting platform for small businesses across Europe

Numina has raised €1.1 million in pre-seed funding to build a free accounting platform for small businesses across Europe.

The round includes Founders A/S, Emblem and Nebular — investors behind Pleo, Lovable and Starcloud — alongside The Nordic Web, Bjarke Klinge Staun, Light co-founder Jonathan Sanders and Sequoia Scout Alen Cvisic.

More than 1,000 small businesses already use Numina in Denmark. They can send invoices, connect their bank accounts and file VAT returns without a software subscription. Customers pay only if they choose to use Numina’s bookkeeping services.

“We believe businesses will increasingly pay for outcomes — receipts booked, accounts reconciled and tax returns filed. As AI makes software cheaper to build, charging for access alone becomes harder to justify. That creates a difficult transition for established companies like Visma, whose customers already pay subscriptions. We’ve built Numina around free software from the start,” said Jakob Olund Kristensen, Numina’s co-founder and CEO.

Numina is building core accounting software that businesses can use directly or through their preferred AI assistant. Through its Model Context Protocol (MCP) integration, users can connect tools such as Claude and ChatGPT, ask them to prepare invoices and draft bookkeeping entries, then review and approve the work in Numina. The integration is included in the free platform.

The ambition is to make this available to small businesses across Europe, adapting the platform to each country’s accounting requirements.

“Every country has its own accounting requirements, but much of the underlying work is the same. We believe AI can make it significantly cheaper to adapt a shared platform to those local requirements. That opens up the possibility of building one accounting platform for small businesses across Europe,” said Simon Boel Have, co-founder.

Numina was founded by Jakob Kristensen, an early Pleo employee who later co-founded data platform Weld, and Simon Boel Have. Numina is currently available in Denmark.