Funding news · Oct 5, 2026
Declaro Raises €1M Seed for Digital Accounting Platform in Romania
Declaro Secures €1M Seed Round
Declaro, a Romanian digital accounting startup based in Bucharest, has raised €1 million in Seed funding. The round was announced on October 5, 2026.
What Declaro Does
Declaro operates at the intersection of accounting software and human expertise. The company pairs a web and mobile platform with dedicated expert accountants, serving small businesses and self-employed professionals.
The platform unifies several core functions into a single system:
- Invoicing
- Romania's e-Factura electronic invoicing system
- The tax authority's SPV portal
- Bank transactions
- Company financial documents
By consolidating these workflows, Declaro automates routine administrative work while its accountants focus on verification, advice, and client support.
Technology Approach
Declaro applies AI selectively — specifically to extract data from documents. Accuracy checks and accounting processing run on proprietary software built by the company's in-house team, rather than relying on third-party AI for core accounting logic.
Company Background
Declaro has been operational since May 2026 and is headquartered in Bucharest, Romania. The company's domain is decla.ro.
Round Details
| Item | Detail |
|---|---|
| Round type | Seed |
| Amount | €1,000,000 |
| Currency | EUR |
| Date | October 5, 2026 |
| Stage | Seed |
No lead investor or participating investors were disclosed with this announcement.
Why It Matters
Romania's e-Factura mandate and SPV reporting requirements create meaningful compliance overhead for small businesses and independent professionals. Declaro's model — combining automation with dedicated accountants — targets that burden directly. The Seed funding gives the company capital to develop its platform and accounting service operations further.
For observers tracking European accounting and compliance technology, Declaro represents a localized approach: rather than a generic bookkeeping tool, it is built around Romanian tax infrastructure from the ground up.