Belgian AI startup says it can automate 80% of work at ‘expert firms’
Belgium-based Ravical has secured €7.3mn in pre-seed funding to bring AI agents to professional services firms in tax, legal, accounting, and insurance.
Joris Van Der Gucht, Ravical’s CEO and co-founder, said the “virtual employees” could do 80% of the work in these firms.
“Ravical’s agents take on the repetitive, time-consuming tasks that slow experts down,” he told TNW, citing examples such as retrieving data from internal systems, checking the latest regulations, or reading long policies.
Despite doing up to 80% of the work in these firms, Van Der Gucht downplayed concerns about the agents supplanting humans.
“We don’t expect job losses,” he said. “It’s not about replacing experts, it’s about creating space for them to be more impactful and reimagining how they engage with their clients.”The
of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!
Ravical’s AI agents are designed to suggest, not act independently. The company said each AI-generated output is traceable and audible, which are critical requirements in the world of professional services.
Ravical isn’t Van Der Gucht’s first venture into automating workflows. He previously co-founded Silverfin, which provides cloud-based accounting automation software. In 2023, he sold the company for €320mn.
In February, he founded Ravical alongside AI experts Ken Bastiaensen and Benjamin Vandermarliere. Armed with fresh funding, the startup plans to refine its algorithms and expand its team.
Enrico Mellis, partner at Lakestar, the lead investor in the round, said he was excited to support the company in bringing its “proven” experience in automation to the booming agentic AI market.
“Agentic AI is moving from buzzword to board-level priority,” Mellis said.
Ravical said it has already undertaken 10 pilot projects with professional services firms of various sizes and across multiple industries. The company is eyeing international expansion, but didn’t elaborate on where.
AI’s evolution will be a hot topic at TNW Conference, which takes place on June 19-20 in Amsterdam. Tickets for the event are now on sale — use the code TNWXMEDIA2025 at the checkout to get 30% off.
Story by
Siôn Geschwindt
Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicSiôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicles, he's happiest sourcing a scoop, investigating the impact of emerging technologies, and even putting them to the test. He has five years of journalism experience and holds a dual degree in media and environmental science from the University of Cape Town, South Africa. When he's not writing, you can probably find Siôn out hiking, surfing, playing the drums or catering to his moderate caffeine addiction. You can contact him at: sion.geschwindtprotonmailcom
Get the TNW newsletter
Get the most important tech news in your inbox each week.
Also tagged with
#belgian #startup #says #can #automate
Belgian AI startup says it can automate 80% of work at ‘expert firms’
Belgium-based Ravical has secured €7.3mn in pre-seed funding to bring AI agents to professional services firms in tax, legal, accounting, and insurance.
Joris Van Der Gucht, Ravical’s CEO and co-founder, said the “virtual employees” could do 80% of the work in these firms.
“Ravical’s agents take on the repetitive, time-consuming tasks that slow experts down,” he told TNW, citing examples such as retrieving data from internal systems, checking the latest regulations, or reading long policies.
Despite doing up to 80% of the work in these firms, Van Der Gucht downplayed concerns about the agents supplanting humans.
“We don’t expect job losses,” he said. “It’s not about replacing experts, it’s about creating space for them to be more impactful and reimagining how they engage with their clients.”The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!
Ravical’s AI agents are designed to suggest, not act independently. The company said each AI-generated output is traceable and audible, which are critical requirements in the world of professional services.
Ravical isn’t Van Der Gucht’s first venture into automating workflows. He previously co-founded Silverfin, which provides cloud-based accounting automation software. In 2023, he sold the company for €320mn.
In February, he founded Ravical alongside AI experts Ken Bastiaensen and Benjamin Vandermarliere. Armed with fresh funding, the startup plans to refine its algorithms and expand its team.
Enrico Mellis, partner at Lakestar, the lead investor in the round, said he was excited to support the company in bringing its “proven” experience in automation to the booming agentic AI market.
“Agentic AI is moving from buzzword to board-level priority,” Mellis said.
Ravical said it has already undertaken 10 pilot projects with professional services firms of various sizes and across multiple industries. The company is eyeing international expansion, but didn’t elaborate on where.
AI’s evolution will be a hot topic at TNW Conference, which takes place on June 19-20 in Amsterdam. Tickets for the event are now on sale — use the code TNWXMEDIA2025 at the checkout to get 30% off.
Story by
Siôn Geschwindt
Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicSiôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicles, he's happiest sourcing a scoop, investigating the impact of emerging technologies, and even putting them to the test. He has five years of journalism experience and holds a dual degree in media and environmental science from the University of Cape Town, South Africa. When he's not writing, you can probably find Siôn out hiking, surfing, playing the drums or catering to his moderate caffeine addiction. You can contact him at: sion.geschwindtprotonmailcom
Get the TNW newsletter
Get the most important tech news in your inbox each week.
Also tagged with
#belgian #startup #says #can #automate