Cleveland, Ohio - Bean—a digital accounting platform–announced today that it has officially launched from stealth mode.
Bean's mission is to democratize the $585-billion global market for accounting services still controlled by the Big Four firms and help CFOs navigate and solve the current accountant shortage—a factor threatening global economic growth.
Founder's Vision
"Many accountants want to be entrepreneurial and chart their own career path, but the industry has never accommodated that. This is why the country is facing a dire accounting shortage when we actually have an abundance of new graduates who excel at mathematics, critical thinking and analysis. They view the accounting industry as stodgy, regimented and reliant on outdated technologies. Bean was launched to change that."
— Anees Pretorius, Co-founder & CEO
A 2022 graduate of accelerator TechStars LA, Bean has raised $1.7 million from Matchstick Ventures, Far Out Ventures and Acadian Capital Ventures, joined by angel investors Wayne Chang and Jeff Seibert—founders of AI accounting firm Digits.
Bean enables top accountants to step away from the long, tedious "partner track" offered by top accounting firms and build equity in themselves instead. This represents a fundamental shift in how accounting professionals can structure their careers.
The Impact
By democratizing access to specialized accounting services and empowering accountants to work independently, Bean is addressing both the talent shortage and the desire for greater professional autonomy in the accounting industry.