Skrooge.ai: $1.85 Million Seed Funding Raised For Scaling AI-Based Accounting And Tax Services for UAE SMEs

By Amit Chowdhry ● Yesterday at 3:08 PM

skrooge.ai, an AI-enabled accounting and tax service provider focused on small and medium-sized businesses in the UAE, has raised $1.85 million in a seed round through SAFE notes from fintech-experienced angel investors. The Dubai-based company said the funding will be used to expand product and engineering and to increase delivery capacity as it grows its managed service offering for local SMEs.

The company is building the Skrooge App, an AI platform designed to amplify the productivity of accounting professionals and support a service model that blends software automation with human accountants. Rather than selling standalone accounting software, skrooge.ai positions its product as the operational layer behind an end to end managed service intended to deliver faster turnaround, consistent reporting, and stronger compliance.

skrooge.ai said its platform supports its accounting team by automating document collection and back office follow-ups, reviewing high volumes of documents for tax compliance, using transaction history to standardize categorization and improve reporting consistency, and producing plain English financial insights.

The company began onboarding its first paid clients in July 2025. As of December 2025, skrooge.ai reported 150 total clients served and $300,000 in annualized recurring revenue. The founding team has five people and said it brings experience across finance and technology as both investors and operators.

KEY QUOTES

“Our goal is simple: to save founders and business owners their time, money, and sanity from unnecessary stress—so they wake up excited to build.”

Anatolii Solomanin, Co CEO and CPO, skrooge.ai

 

 

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