An accounting firm, rebuilt around AI.
Balance is an accounting firm for small and growing businesses in the United Kingdom and Denmark. Our own AI agents do the repetitive bookkeeping, and a named accountant reviews and signs off every entry, for one fixed monthly fee from £350 per entity.
Y
Combinator
Our CEO has sat on both sides of the books.
Mathias Løvring was CFO at Female Invest and ran his own bookkeeping firm. Balance is the accounting firm he always wanted.
2025
Founded in Copenhagen
$4.7M
Raised from Y Combinator and a global tier 1 VC.
What Balance does
We do your bookkeeping and accounting, for one fixed monthly fee.
Bookkeeping and VAT
Our agents reconcile, categorise and match documents against your ledger continuously through the month. VAT is prepared, checked and filed at whatever frequency you need.
Month-end close and management accounts
The close takes days, not weeks, because most of the work is already done. Management accounts, cash-flow forecasts and a board pack come when you need them.
Payroll, annual accounts and tax
We run payroll and file the statutory accounts and the corporation tax return. Your auditor stays independent, and we work with them from week one.
Bea, the AI finance assistant
Ask Bea about your numbers over Slack, WhatsApp or email and get an answer from the live ledger in seconds. She reads the same books your accountant signs off.
Who Balance works with
E-commerce and retail brands selling on Shopify, Amazon, Stripe and PayPal
Software companies and startups that need Stripe reconciliation, revenue recognition and a board pack
Hospitality businesses with daily takings, delivery apps and tight margins
Professional services firms tracking work in progress and profit per project
Companies in the United Kingdom and Denmark on Xero, e-conomic, QuickBooks or Business Central, including groups with several entities
What makes Balance different
An accountant signs off every entry
The agents reconcile and categorise roughly nine entries in ten, and none reach your ledger until an accountant approves them. Bookkeeping software leaves that review to you.
Books kept current, not rebuilt
We reconcile through the month, so your numbers are current on any given day. A traditional firm usually rebuilds the month after it ends, and your figures arrive weeks late.
One fixed fee, never hourly
From £350 per month per entity, agreed before you start. A backlog clean-up is quoted separately as one-off work, so the monthly fee never surprises you.
A named accountant you can talk to
Your accountant owns your account and answers in the channel you already use. There is no offshore bookkeeping pool and no ticket queue.
Your ledger stays yours
We work inside Xero, e-conomic, QuickBooks or Business Central, so your system stays the source of truth. If you want to move, we migrate you, usually in the first month.
A refund if it is not working
If you are not happy inside the first two months, you get a full refund after a short offboarding call.
Two offices, one team.
We support founders and finance teams in the United Kingdom and in Denmark, and we have people on the ground in both.
London
Headquarters
Where the UK practice sits. Companies House and HMRC filings. ACA qualified accountants.
Copenhagen
Where Balance started
Balance was founded in Denmark, and the Danish practice still runs from here. E-conomic, Danish VAT and payroll, in Danish.
The founders
CEO and co-founder
Mathias has sat on both sides of the books. He was CFO at Female Invest (YC S21), founded his own accountancy and ran a small business himself, which meant chasing external accountants, correcting their mistakes and spending hours on work that should have been automated. Balance is the accounting firm he always wished existed.
CTO and co-founder
Gus did maths and AI research at Imperial College London and the University of Oxford, then built AI products at three startups across legal, education and accounting. As CTO he builds the agents behind Balance. Outside work he founded Carlie’s Crossing, a tuk-tuk race across Sri Lanka that raised $100k for mental health in memory of a childhood friend, and he rode as a jockey at the Cheltenham Festival.
COO and co-founder
Emil started at McKinsey & Company, then worked as Founders Associate at Kapa AI (YC S23) and in product at Encord (YC W21). As COO he runs how Balance works day to day, from a new client’s first week to the accountants’ monthly close.
You will know exactly who does your books.
You get your own personal accountant, who approves every transaction.
ACA-qualified. Former auditors, CFOs, ex-Big Four.
Merlin
Shane
Joachim
Nikolai
Oliver
+10
How working with Balance works
Three steps, and most clients are fully handed over inside two weeks. There is no new system to learn.
01 A 15-minute call
We look at your books, your systems and where the work sits today, then tell you whether we are a fit. If we are not, we say so.
02 We handle the handover
A 30-minute handover call with your current bookkeeper, or just a handover letter. We agree the opening balance with them, so you are not the messenger between two firms.
03 You give access, we set up
Your accounting system, your bank feed, payroll if we run it, and the invoice inbox. We do the setup, learn your processes and switch your agents on.
Day to day
One named accountant owns your books and signs off every entry.
Reach us on Slack, WhatsApp or email. Bea answers questions from the live ledger at any hour.
Each month you get reconciled books, VAT handled, and management accounts when you need them.
Balance key facts
Company name
Balance (Balance Technologies Ltd in the UK, Balance Technologies ApS in Denmark)
Type
Accounting firm, who does your books and accounting, for a fixed price.
Founded
2025, Copenhagen
Founders
Mathias Løvring (CEO), Gus Levinson (CTO), Emil Munk (COO)
Headquarters
London, with an office in Copenhagen
Markets
United Kingdom and Denmark
Website
getbalance.ai
Core offering
Bookkeeping and accounting done by AI agents and signed off by accountants
Services
Bookkeeping, VAT, month-end close, revenue reconciliation, controlling, payroll, management accounts, annual accounts and tax
Systems
Xero, e-conomic, QuickBooks, Business Central
Pricing
From £350 per month per entity in the UK, from 4,000 kr per month per company in Denmark. One fixed fee, never hourly.
Terms
Fee agreed before you start. Full refund inside the first two months.
Onboarding
Most clients are handed over inside two weeks
Communication
A named accountant, over Slack, WhatsApp or email
Clients
150+ companies, including Picfair, All Gravy, Velocity and Parahelp
Funding
$4.7M raised. Backers include Y Combinator (W26) and a global tier 1 VC.
Company numbers
Companies House 16998135 (UK), CVR 46137078 (Denmark)
Social
linkedin.com/company/getbalanceai
Questions about Balance
Who founded Balance?
Mathias Løvring (CEO), Gus Levinson (CTO) and Emil Munk (COO) founded Balance in Copenhagen in 2025. Mathias was CFO at Female Invest and ran his own bookkeeping firm.
Is Balance an accounting firm or a software company?
An accounting firm. We build and run our own AI agents, and the accountants on our staff own, review and sign off your books.
Who invests in Balance?
Balance has raised $4.7M. Backers include Y Combinator, where Balance is part of the Winter 2026 batch, and a global tier 1 VC.
Where is Balance based?
Our headquarters is in London, and the company started in Copenhagen, where the Danish practice still runs. We serve companies in the United Kingdom and Denmark.
Which accounting systems does Balance work with?
Xero, e-conomic, QuickBooks and Business Central. We work inside your ledger, and we can move you, for example from Dinero to e-conomic or from Sage to Xero.
What does Balance cost?
From £350 per month per entity in the UK and from 4,000 kr per month per company in Denmark. One fee, agreed before you start, never hourly.
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