Portfolio Updates|
Belgian AI startup Ravical says it can automate 80% of work at ‘expert firms’
Lakestar is backing Ravical with €7.3m to help bring professional services into the AI age.
Dealing with advisory firms - whether it’s regarding tax, legal or accounting - can be painfully slow. Europe needs progress on that front, but we can’t wait around for bureaucracy to fix itself.
AI promises more productivity, but professional services firms are stuck. They’re struggling to hire and keep top talent, while clients demand faster, better, cheaper. The sector needs a reset.
That’s where Ravical comes in. They're building domain-specific AI agents for services like accounting, tax, legal, and HR - not to replace experts, but to let them do more with less.
When we met Joris Van Der Gucht, Benjamin Vandermarliere and Ken Bastiaensen, we knew this was the team to back. Joris co-founded Silverfin (acquired by Visma), and together they bring rare insight into the tech, customer, and go-to-market segment.
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“We look for teams with an unfair advantage tackling problems that can have a transformative economic impact for a whole ecosystem. That’s what we saw in the Ravical team.”
