ToggleCampus, a South Korean startup at the forefront of financial and accounting automation, has secured pre-Series A funding. The investment amount and company valuation have not been disclosed. The round was led by Sazze Partners, with participation from TheVentures and the Korea Credit Guarantee Fund (KODIT).

ToggleCampus generates stable revenue by partnering with major accounting firms, government agencies, and nonprofit organizations through its AI-powered accounting automation solution, Invector. This year, the company’s revenue has grown more than fourfold compared to the previous year.

With this investment, ToggleCampus plans to enhance its technology and expand into global markets. The company will strengthen its AI capabilities by hiring top talent while also transitioning its services into a broader SaaS model.

Previously, ToggleCampus gained attention for developing the world’s first automated “Excel-based XBRL taxonomy tagging” technology, aligning with the revised International Standard Computer Language (XBRL) regulations.

A key feature of this technology is its “Excel-based cursor” function, which enables intuitive operations within Excel, allowing users to efficiently process XBRL tasks without requiring deep technical expertise.
Bae Kyu-tae, CEO of ToggleCampus, stated, “Our greatest strength lies in the dedication and expertise of our exceptional team. We are committed to driving the financial and accounting industry’s rapid digital transformation while showcasing Invector’s unique competitive edge in key markets such as North America and Europe.”