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Relace
AddedApr 27, 2023
UpdatedJul 3, 2026
Relace

Relace

Squack: AI-driven RPA for easy accounting automation, based in San Francisco.

HQ
San Francisco, CA, US
Founded
2022
Accelerator
Y Combinator logoY CombinatorW23
Overview
Compare
Fundraising
Employees
Website

Founded in San Francisco, Squack aims to revolutionize the accounting industry by providing AI-driven Robotic Process Automation (RPA) tools. The company's core mission is to simplify and automate complex accounting tasks using natural language processing. Squack's flagship product allows accountants to create intricate workflows, such as automatically categorizing bank transactions, by merely writing a few sentences. This innovative approach targets accounting firms seeking to enhance efficiency and accuracy through advanced automation.

Squack has garnered attention for its cutting-edge use of Large Language Models (LLMs) in the RPA space. The company has attracted notable investors and industry experts who recognize the transformative potential of its technology. Among its key achievements is the successful deployment of its tools in several prominent accounting firms, significantly reducing manual labor and errors. Squack's impact lies in its ability to streamline accounting processes, making it a valuable asset for firms looking to leverage AI for operational excellence.

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Relace - Quick Facts

Who are Relace's competitors?

Companies similar to Relace include Sapling.ai, Sola, Lutra AI and Truewind.

When was Relace founded?

Relace was founded in 2022.

Where is Relace's headquarters located?

Relace's headquarters is located in San Francisco, CA, US.

When was Relace's last funding round?

Relace's most recent funding round was for $500k (USD) in April 2023.

How much has Relace raised to-date?

As of Apr 5, 2023, Relace has raised a total of $1M (USD).

How many employees does Relace have?

Relace has 6 employees as of Feb 4, 2024.

Relace - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • DataOps
  • GenAI
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software