• AccountsIQ, a cloud-based accounting and financial management platform, has raised $65 million in a Series B funding round led by Motive Partners. The company plans to use the funds to accelerate the development of its AI-powered bookkeeping tools, which aim to streamline financial management for small and medium-sized businesses (SMBs).

• AccountsIQ's platform offers a range of features, including automated data entry, invoicing, and reporting, as well as integration with popular business software like Xero, Salesforce, and Microsoft 365. The company's AI-powered tools are designed to help SMBs save time and reduce the administrative burden of financial management.

• The funding round reflects the growing demand for cloud-based financial management solutions that can leverage AI and automation to improve efficiency and productivity. AccountsIQ's CEO, Darren Cran, believes that the company's focus on SMBs, combined with its innovative technology, positions it well to capitalize on this trend and drive further growth in the years ahead.