Ravical, a Ghent-based AI startup, has successfully raised €7.3 million in pre-seed funding to develop AI agents for automating workflows in professional services sectors, addressing major industry challenges.

Information on the Target

Ravical is an innovative AI startup based in Ghent, Belgium, that specializes in developing AI agents designed for firms in the accounting, tax, legal, HR, and insurance sectors. The company has successfully raised €7.3 million in pre-seed funding, aimed at enhancing professional service workflows through extensive automation. Led by CEO Joris Van Der Gucht, a notable entrepreneur with a previous successful venture, Ravical's AI-driven solutions promise to automate up to 80 percent of operational tasks, allowing professionals to concentrate on strategic and high-value activities.

Founded in 2023 by Van Der Gucht, Ravical focuses on addressing two significant challenges faced by professional service firms: the shortage of skilled talent and the necessity for productizing their expertise. By leveraging AI technology, Ravical aims to transform traditional workflows, providing firms with the tools to improve efficiency while preserving their unique knowledge and culture.

Industry Overview in Belgium

The professional services industry in Belgium has witnessed rapid advancements in technology, transforming traditional business practices. As economies increasingly demand efficiency and adaptability, firms within legal, accounting, HR,