Reuters Venture Capital

Reuters Venture Capital, formerly known as RVC, is an early-stage investment firm that focuses on providing capital to innovative companies, particularly in the information technology sector. Established in 1994, it initially concentrated on early-stage investments in Silicon Valley before expanding its operations to Europe in 1997. The firm has built a strong track record, having invested significant capital in numerous technology companies, including notable names such as Yahoo! and Verisign. With a commitment to understanding the evolving needs of businesses, Reuters Venture Capital leverages its connections with Thomson Reuters and its expertise in various sectors, including financial services and media. The firm is based in London and Silicon Valley, employing a team dedicated to maximizing returns for its investors while fostering relationships with emerging companies that align with industry trends and technological advancements.

Joyce J. Shen

Global Managing Director, Emerging Tech Partnerships and Investments

Gelu Sulugiuc

Director

Past deals in Accounting

Truewind

Series A in 2024
Truewind is an AI-powered accounting and finance software provider that offers an innovative platform designed to enhance bookkeeping and financial management for startups. The company delivers a comprehensive financial back office experience through its artificial intelligence technology and concierge service. Truewind's platform enables businesses to establish reliable bookkeeping practices and develop detailed financial models, ensuring efficient operations and sound financial planning.

SurePrep

Acquisition in 2022
SurePrep, LLC specializes in tax automation software tailored for the accounting industry in the United States. The company's flagship product, 1040SCAN PRO, utilizes optical character recognition (OCR) technology to automatically extract and transfer data from various tax documents, including W-2s and 1099s, into tax software. Additional offerings include 1040SCAN ORGANIZE, which streamlines the organization of source documents; 1040SCAN TRADES, which generates Excel schedules for Schedule D information; and SPbinder, a workflow system designed to enhance efficiency in tax preparation. SurePrep also provides various outsourcing services for tax return preparation and operates a processing center in India through its subsidiary. With a client base that exceeds 19,000 tax professionals, including those from major firms and independent practitioners, SurePrep has established itself as a leader in tax automation solutions since its founding in 2002 in Irvine, California.

Ledgible

Series A in 2022
Ledgible, developed by Verady, is a financial software platform that provides accounting and audit services specifically for blockchain assets. It aims to address the limitations of traditional accounting systems in handling the complexities of cryptocurrency and blockchain transactions. The platform features a decentralized network of financial reporting and accounting tools that enable financial institutions, corporations, and regulators to effectively audit, account for, and verify these digital assets. By bridging the gap between new blockchain technologies and established financial practices, Ledgible facilitates the acceptance and growth of cryptocurrencies in the broader financial ecosystem.

BizActions

Acquisition in 2012
BizActions is one of the largest digital newsletter and web marketing providers for accounting firms in North America.

Web Builder CS

Acquisition in 2011
Web Builder CS websites for accountants are tailored to meet the unique needs of tax and accounting firms.

Mastersaf Brazil

Acquisition in 2011
Mastersaf is focused on the development of software solutions for tax and accounting. It offers MASTERSAF DFe, MASTERSAF DW | MASTERSAF GF, MASTERSAF Smart, MASTERSAF Tax Analyser, and more. Mastersaf was acquired by Thomson Reuters in May 2011. Mastersaf was founded in 1998.
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