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.
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“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.”
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.
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