Countingup - Gresham House Ventures

The business current account with built-in accounting software.

Countingup is an innovative fintech company that offers customers a business current account with built-in accounting software.

Their two-in-one app simplifies bookkeeping and taxes for the self-employed and accountants across the UK. Trusted by over 30,000 customers, the app automates the time-consuming aspects of bookkeeping and taxes, encouraging good recordkeeping and making it easier to run a small business.

Investment rationale

Gresham House Ventures invested in a £9.1m Series A funding round to drive product innovation, growth and team expansion, as well as to fuel their product roadmap, including the launch of a digital tax filing service, ahead of the Making Tax Digital regulations coming into effect from April 2022.

Investment team

James Hendry

Investment Director

James joined Gresham House Ventures as Investment Manager in December 2019, before being promoted to Associate Director in 2022.

He is primarily focused on making new investments into fast growing software businesses focused on process automation, data and analytics or cyber security. He led GHV’s investment into Fu3e and also sits on the board of SecureCloud+.

I enjoy identifying and working with management teams who are solving large existing problems in a pragmatic way, balancing strategic vision alongside day-to-day execution.

Prior to joining GHV, he spent five years at PwC, latterly working in the financial due diligence team. He is a Chartered Accountant (ICAEW) and holds an MA in Economics and Accounting.

Outside of work James enjoys most sports, in particular golf, football and rugby.