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Balance

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Full-Stack AI Accounting

Winter 2026Founded 20264 peopleLondon, United Kingdom
AI insightcan contain mistakes
AI Accounting AutomationSaaSSMB finance teams (10–500 headcount)High competition
Moat
Real-time reconciliation + issue flagging as autonomous agent reduces need for in-house finance hire.
Key risk
Accounting firms and legacy software (QuickBooks, Xero) may bundle competitive features; regulatory compliance complexity.
Why now
SMB labor shortage for accounting roles; AI agents maturing for routine financial operations.
Competitors
QuickBooks, Xero, Wave, Freshbooks, accounting firms

About

Balance is an AI accounting firm that helps SMBs close their monthly books. Our agents do the work of an in-house finance hire, reconciling books in real time and flagging issues before they become problems.

Founders · 3

Mathias Løvring
Mathias LøvringCo-Founder

Mathias is the Co-Founder & CEO of Balance (W26). He's a former founder, CFO and operator.

Gus Levinson
Gus LevinsonFounder
Oxford

Co-founder, CTO at Balance. Maths + AI research at Imperial & Oxford. Built AI products at 3 startups across legal, education, and accounting. Founded Carlie's Crossing, tuk-tuk race across Sri Lanka raising $100k for mental health in memory of a childhood friend. Ex jockey: competed at Cheltenham Festival and over Grand National jumps.

Emil Munk
Emil MunkFounder
McKinsey

Emil is a Co-founder of Balance (W26). Previously worked in Product in Encord (W21) as a Founders Associate at Kapa (S23) & at McKinsey & Company.

Launch

Launched on Y Combinator · Feb 2026
View launch post ↗

Balance provides real-time, audit-ready bookkeeping & accounting - run by AI, signed off by real accountants.

Balance offers real-time, audit-ready bookkeeping and accounting powered by AI (Bea) with human accountants reviewing books and filing returns. It targets founders and small businesses, providing Slack/WhatsApp/email access to financial insights, reconciliation, reporting, and flat pricing.

Formerly Balance, Balance AI

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