This week, Savant Growth is excited to announce a $17 million investment partnership with investment partner, Kennet, in Qount, a developer of AI-powered practice management software solutions for public accounting firms.
Our new investment in Qount emphasizes Savant Growth’s commitment to empower founder-led B2B SaaS companies to achieve sustainable growth by providing them with the tools, resources, and strategic guidance they need to leverage AI to help transform their industries. The accounting industry is changing rapidly, as firms face increasing pressure to enhance efficiency, deliver greater value to clients, and thrive in a competitive market.
Qount’s cloud-based, AI-driven platform is an example of how applied AI is the future for B2B SaaS companies, and the future is now! It isn’t just about saving customer’s time; in the case of Qount, it’s about reimagining how accounting firms can streamline their operations. By combining traditionally separate tools into one holistic solution, Qount addresses every aspect of practice management for tax professionals.
“Qount’s comprehensive suite delivers a must-have, high ROI by providing complete visibility to optimize how accounting firms are managed and to automate their service delivery workflows with AI,” said Javier Rojas, Managing Partner of Savant Growth.
Looking Ahead
This investment marks the beginning of an exciting chapter for both Savant Growth and Qount to provide new technology to advance and drive transformation in the accounting industry. The leadership and ingenuity of Qount’s Founders, Uday Koorella and Phani Ilapakurty, has been instrumental in developing the company’s applied AI go-to-market strategy. Qount’s team has created a solution that not only addresses the specific challenges of accounting firms, but also unlocks new areas for streamlined operations and growth. In addition, we are pleased to offer value added support to our portfolio companies including staff augmentation and software development services from our subsidiary, DevSavant. Qount can leverage DevSavant to access top talent specializing in AI, driving further development of its future products.
“Our investment in Qount aligns with Savant Growth’s commitment to partnering with founder-led, B2B SaaS companies that leverage AI to drive transformative change across industries. Qount is uniquely poised to disrupt the accounting and tax sector, solidifying the company’s market leadership,” Olivier Verhage, Principal of Savant added.
The accounting sector will play a pivotal role in the future as AI continues to propel growth and transformation across all industries. To learn more about how Qount is leveraging AI to revolutionize the accounting industry and how your business can benefit from their AI-powered solutions, visit their website or read the full press release here.
