Aqilla
Aqilla Limited is a UK-based software company that develops cloud-native, multi-entity, multi-currency finance and accounting software for mid-market organisations, ambitious startups, and not-for-profit entities across 110+ countries.
- Company typePrivate
- Founded2006
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Aqilla firmographics
Firmographics- Name
- Aqilla
- Legal name
- Aqilla Limited
- Website
- https://aqilla.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Aqilla Limited is a UK-based software company that develops cloud-native, multi-entity, multi-currency finance and accounting software for mid-market organisations, ambitious startups, and not-for-profit entities across 110+ countries.
- Ownership category
- akta.pro rank
Aqilla industry classification
Industry- Product category
- Cloud Accounting Software
- NAICS
- Software Publishers (5132)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Embedded Tax, Accounting & Invoicing Finance (FSAGALAJ)
- akta.pro secondary industry
- Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)
Keywords
Where Aqilla is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Aqilla business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Subscription (Core Platform): Monthly subscription fee for access to the cloud finance and accounting platform. Packages starting from £100/month for comprehensive finance, accounting and reporting. Billing typically monthly or annual with flexible user plans that can be mixed and matched.
- E2D Invoice Automation (Usage-based): Chargeable add-on feature for AI-enhanced invoice processing. Priced at £40 per month plus £0.20 per invoice processed. Requires WorkFlow Groups to be enabled.
- Sharperlight Reporting (Per User): Optional reporting and BI tool licensed on a per user per month (PUPM) basis. Full Use license for named users who can build, publish and run reports. Web Use license for concurrent users accessing published reports only.
- Professional Services: Implementation, consultancy, and training services. Onboarding support, data migration assistance, and configuration consultancy offered.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Core platform subscription starting from £100/month |
| Usage-based | Monthly | E2D AI Invoice Automation - £40/month + £0.20/invoice |
| Per seat | Monthly | Sharperlight BI Reporting - per user per month |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Aqilla product offering
Product offeringCore offering
Aqilla sells a cloud-native, AI-enhanced finance and accounting platform designed for mid-market organisations and ambitious startups. The platform unifies multi-entity, multi-currency accounting, real-time BI reporting, automated bank reconciliation, fixed assets management, and accounts payable automation via the AI-powered E2D invoice capture tool, with REST API and Open Banking integrations supporting third-party systems.
Product overview
Aqilla is a cloud-native, AI-enhanced finance and accounting software platform designed for mid-market organisations. The core product unifies financial management, multi-currency and multi-entity operations, real-time reporting, and workflow automation. The product portfolio includes the Core Platform, E2D AI Invoice Automation add-on (AI-powered invoice capture and AP workflow eliminating OCR tools), Sharperlight Reporting (BI/reporting framework), Excel Add-in (Windows desktop integration), Fixed Assets Management (depreciation and asset tracking), REST API (1,700+ integrations including Open Banking via Plaid), and Open Banking connectivity. Pricing starts at £100/month for the core platform, with E2D priced at £40/month plus £0.20 per invoice processed.
Differentiator
Problem solved
Functional benefit
Brands
- E2D: Electronic to Digital (E2D) is Aqilla's AI-enhanced data extraction tool for automated purchase invoice processing. It captures invoice data directly from emails and uses AI confidence scoring to automate accounts payable workflows without third-party OCR tools.
Products and services
- Aqilla Core Platform Cloud-native, AI-enhanced finance and accounting software providing multi-entity, multi-currency management with real-time reporting, workflow automation, and API integrations. Built for mid-market organisations and ambitious startups.
- E2D (Electronic to Digital) Invoice Automation AI-enhanced invoice capture and accounts payable automation tool that extracts data from supplier invoices (PDF, TIFF, JPG, PNG) via email, eliminates manual data entry, and integrates directly into the AP workflow with confidence scoring and automated coding.
- Sharperlight Reporting Business intelligence and reporting framework providing flexible reporting across any database, with Full Use (named users) and Web Use (concurrent users) licensing options for report building, publishing, and access through Excel and browser.
- Excel Add-in
Quantifiable outcome
- 2x faster invoice processing with E2D AI automation compared to manual processing
- +7 more outcomes
Companies that use Aqilla
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Aqilla technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature10 records
Aqilla partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Plaid Financial Ltd.coreAqilla Limited is an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718). Plaid provides regulated account information services through Aqilla Limited as its agent. This Open Banking integration enables secure bank connectivity within the Aqilla platform.
- Caliber ConsultingminorCaliber Consulting works with high-growth tech companies dealing with rapidly-growing volume of multi-currency transactions and operating across different tax regulations. Aqilla's flexibility allowed Caliber to modify work processes to meet unique business and tax requirements quickly.
Scale indicators9 records
Expansion highlights6 records
Aqilla competitors and assessment
Company assessmentBroad incumbents
- Microsoft Dynamics 365 Business Central: Microsoft Dynamics is the enterprise finance/ERP solution explicitly cited by Aqilla customers as too complex for their needs. Represents the upper bound of Aqilla's competitive set in the mid-market.
- NetSuite (Oracle): Oracle NetSuite is the cloud enterprise ERP/finance suite evaluated by Aqilla's enterprise prospects (e.g., Argonaut Capital). Aqilla's "sweet spot below enterprise" positioning directly competes with NetSuite's lower-end offerings.
Direct peers
- Acumatica: Acumatica is a cloud ERP platform with strong financial management for mid-market organizations. Targets a similar customer profile with comparable multi-entity/multi-currency functionality and SaaS pricing model.
- Sage Intacct: Sage Intacct is Sage's cloud-native mid-market financial management product. Most directly comparable to Aqilla on multi-entity, multi-currency cloud accounting for fast-scaling organizations.
- Brightpearl: Brightpearl is a cloud finance and operations platform purpose-built for retail and wholesale mid-market merchants. Competes with Aqilla for trading/retail SMEs like Ryedale Group with automated accounting workflows.
- FinancialForce: FinancialForce is the cloud accounting solution built natively on Salesforce, explicitly evaluated by Aqilla customers (e.g., Argonaut Capital). Competes for enterprise mid-market accounts with similar multi-entity capabilities.
- Xero: Xero is the leading cloud accounting platform for SMEs and startups globally. Aqilla explicitly targets ambitious startups "outgrowing entry-level tools like Xero," positioning directly against it in the upmarket migration path.
- Sage: Sage is the dominant UK accounting software vendor with Sage 50 and Sage Intacct serving the same mid-market customers Aqilla targets. Customers like Dart Marina and Ryedale Group replaced Sage products with Aqilla, illustrating direct competitive overlap.
- QuickBooks Online (Intuit): QuickBooks Online is Intuit's cloud accounting platform serving SMBs and growing businesses globally. Competes with Aqilla for the ambitious startup and fast-scaling SME segments at similar price points.
Emerging players
- Bill.com: Bill.com is a leading AI-powered AP automation and bill payment platform for SMBs and mid-market. Direct competitive overlap with Aqilla's E2D invoice automation use case, though focused on AP rather than full accounting suite.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Aqilla social profiles
Digital presenceAqilla compliance and trust
Trust signalCompliance4 records
Aqilla financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aqilla leadership team
Management profileNumber of profiles
Profiles2 records
Aqilla funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aqilla M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aqilla
What does Aqilla do?
Aqilla sells a cloud-native, AI-enhanced finance and accounting platform designed for mid-market organisations and ambitious startups. The platform unifies multi-entity, multi-currency accounting, real-time BI reporting, automated bank reconciliation, fixed assets management, and accounts payable automation via the AI-powered E2D invoice capture tool, with REST API and Open Banking integrations supporting third-party systems.
Is Aqilla a public or private company?
Aqilla is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Aqilla founded?
Aqilla was founded in 2006. It employs 51 to 100 people.
Where is Aqilla based?
Aqilla is headquartered in London, United Kingdom, in the Europe region.
How does Aqilla make money?
Four revenue lines are on record. SaaS Subscription (Core Platform) is the primary driver. The others are E2D Invoice Automation (Usage-based), sharperlight Reporting (Per User) and professional Services.
Who are Aqilla's main competitors?
Broad incumbents on record are Microsoft Dynamics 365 Business Central and NetSuite (Oracle). Direct peers are Acumatica, Sage Intacct, Brightpearl, FinancialForce, Xero, Sage and QuickBooks Online (Intuit). Bill.com is listed as an emerging player.
Does Aqilla have an API?
Yes. Aqilla provides a RESTful JSON API that enables developers to build integrations with third-party systems including CRMs, eCommerce platforms, Point-of-Sale systems, and custom tools. The API supports automation of tasks such as invoice creation, customer updates, and approvals. The API documentation covers Documents Overview, Reference Data, Attachments, Companies, Ledgers, and Sample Codes. Developer documentation is at help.aqilla.com/helphome/restful-api-help.
What industry is Aqilla in?
Aqilla's product category is Cloud Accounting Software. Its primary akta.pro industry code is FSAGALAJ, Embedded Tax, Accounting & Invoicing Finance, with a secondary code of FSAGAJAC, Invoicing, Billing & Accounts Receivable Automation. Its NAICS code is 5132 and its SIC code is 6159.