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Opio raises €4M to automate the grunt work of financial due diligence

AI for financial due diligence startup Opio has raised €4 million from investors Frst, Seedcamp and GFC to develop its specialised technology that helps auditors examine a company's accounts ahead of ...

Opio raises €4M to automate the grunt work of financial due diligence

AI-driven financial due diligence startup Opio has secured €4 million in investment from Frst, Seedcamp, and GFC to further develop its specialized technology aimed at assisting auditors in examining company accounts prior to acquisitions. Founded in Paris in 2025 by Tristan Fulchiron and Olivier Chancé, Opio's mission is to streamline the tedious and manual data collection, verification, and structuring process, which traditionally consumes significant time for auditors.

With the backing of seasoned investors such as Arthur Waller, Stanislas Polu, and professionals from HSBC, Deutsche Bank, and KKR, Opio's platform automates the laborious task of collecting, checking, and adjusting data, allowing auditors to spend more time on analysis, judgment, and client relationships. Fulchiron notes that junior professionals currently dedicate a significant portion of their time to this data-intensive work, and automating it will free up their expertise for higher-value tasks.

Opio's technology has already gained traction, with two major players in the sector and numerous other firms already utilizing its services. Transaction Services teams in 15 countries rely on Opio's product. The company currently generates 15% of its revenue outside of France, with a goal to expand this to 50% within a year, targeting key markets such as France, the UK, and Germany.

Additionally, a second product is planned for early 2027, and the company aspires to extend its offerings to encompass the broader spectrum of financial auditing, having already engaged with statutory auditors on certification work.

Written by urgent.news from Tech.eu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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