Agentic AI startups raised €6bn in Europe last year, with €4.6bn already in 2026. Visma, a software provider for SMB accounting, payroll, and tax, leverages AI across its portfolio of European accounting companies. CTO T. Alexander Lystad says Visma has over 600 AI initiatives, focusing on automation, assurance, advisory, and agentic workflows.

Portfolio companies Chaintrust and Dinero apply AI to solve local accounting problems. Mikael Gandon of Chaintrust describes automating invoice scanning and posting, freeing staff from manual entry. Martin Thorborg of Dinero explains its virtual CFO feature, using open banking to automate bookkeeping and provide predictive insights for small businesses.

Trust and accuracy are paramount. Dinero runs 20k tests per update and uses non-hallucinating ML for core workflows. Gandon emphasizes 95% accuracy in production, not lab conditions. Lystad predicts AI will become a baseline expectation, shifting accountants' value from book production to interpretation and judgment.