
Riskrate is a smart financial reporting and business intelligence platform designed primarily for accounting firms and finance professionals. It automates complex financial reporting, analysis, forecasting, and budgeting tasks that traditionally took days, reducing them to seconds. The platform supports multi-entity, multi-currency, and multi-software group consolidations, enabling users to upload general ledger data or connect via integrations. Riskrate offers AI-driven BI analyses, forecasting models, and continuously updated reporting templates, facilitating high-quality financial advisory services with significant time savings and cost reductions. Its business model is subscription-based with tiered pricing plans tailored for CEOs, finance teams, and accounting offices. The company emphasizes security with encrypted data transit and storage, and it serves thousands of small and medium-sized businesses, helping them scale financial advisory services without increasing staff. Key clients include Wulff Yhtiöt Oyj, Relion, Tiliporras, Tilisi, and Suunta, showcasing strong market traction and customer satisfaction.

Riskrate is a smart financial reporting and business intelligence platform designed primarily for accounting firms and finance professionals. It automates complex financial reporting, analysis, forecasting, and budgeting tasks that traditionally took days, reducing them to seconds. The platform supports multi-entity, multi-currency, and multi-software group consolidations, enabling users to upload general ledger data or connect via integrations. Riskrate offers AI-driven BI analyses, forecasting models, and continuously updated reporting templates, facilitating high-quality financial advisory services with significant time savings and cost reductions. Its business model is subscription-based with tiered pricing plans tailored for CEOs, finance teams, and accounting offices. The company emphasizes security with encrypted data transit and storage, and it serves thousands of small and medium-sized businesses, helping them scale financial advisory services without increasing staff. Key clients include Wulff Yhtiöt Oyj, Relion, Tiliporras, Tilisi, and Suunta, showcasing strong market traction and customer satisfaction.
HQ: Helsinki, Finland
Founded: 2018 (launched Nov 2018)
Product: SaaS platform for automated financial reporting, BI, budgeting and cash‑flow forecasting (multi‑entity, multi‑currency)
Founders: Päivi Kangasmäki (CEO, co‑founder); Tuomas Ritola (CTO, co‑founder). Crunchbase also lists Andrei Gorbulin and Jussi Pyörre as founders.
Funding: Angel round announced 2018-11-05; lead investor listed as TheFactory (amount not disclosed)
Go‑to trial: 30‑day fully featured free trial
Automating financial reporting, analysis and cash‑flow forecasting for accounting firms, finance professionals and SMBs.
2018
Fintech; SaaS (financial reporting & forecasting)
“TheFactory; Kiuas (listed by third‑party company profiles)”