C Cotrugl 01 / 00
Investor pitch

Cotrugli

An AI-native bookkeeping business, built by acquiring Australian firms and running them on a proprietary agentic ledger.

Australia · 2026 · Confidential

The problem

Bookkeeping is high-trust, high-margin, and stuck doing it by hand.

Thousands of small Australian firms reconcile transactions, draft BAS, and lodge to the ATO largely manually. The work is repetitive and rules-bound, yet labour is the cost line that scales 1:1 with clients. Owners are ageing out with no succession.

Manual reconcile Hours per client, every monthRepetitive, rules-bound work done by hand.
Cost base Margin is trapped in labourHeadcount scales 1:1 with every client added.
Succession Owners are ageing outStrong client bases, no plan for who runs them next.
Why now

Agents can finally do the rules-bound 90%, under review.

Reconciliation, BAS preparation, and categorisation are bounded, auditable tasks. Modern agents do them in seconds with a confidence score, and a registered agent reviews every lodgement before it leaves. The trust relationship stays human; the labour does not.

What we do

Buy the firm. Keep the brand. Run it on the ledger.

We acquire established bookkeeping firms with sticky client bases, then migrate their back office onto the Cotrugli agentic ledger. Clients keep the firm they trust; we replace the manual cost base underneath it.

01
Acquire

Profitable AU firms, recurring revenue, owner seeking exit or succession.

02
Transform

Migrate onto the agentic ledger: reconcile in minutes, BAS in seconds.

03
Compound

Margin expands per firm; each acquisition makes the system better.

How it works

The agentic ledger

Feeds in. The agent reconciles and drafts. A human reviews and lodges. Nothing is hidden: every action carries a rationale and a confidence score.

  1. 01 · Feeds Feeds land

    Bank, payroll, and invoice feeds arrive continuously.

  2. Agent Reconcile & draft

    The agent reconciles, categorises, and drafts BAS, each with a confidence score.

  3. 03 · Review Human signs off

    A registered agent reviews the exceptions and approves.

  4. 04 · Lodge Lodged to the ATO

    Submitted with a full audit trail retained.

The numbers

The model compounds with every firm.

MetricTodayTarget · FY27
Firms acquired0N
ARR, recurring$0.0m$0.0m
Gross margin, post-transform00%00%
Acquisition multiple, EBITDA0.0×0.0×

Placeholder figures: replace with the live model.

Why us

Operators who can build the system and close the deals.

Edit this slide with the team, the proprietary ledger, and the acquisition pipeline that make Cotrugli hard to copy.

Pierre

Role and edge, one line.

Josh

Role and edge, one line.

The ask

Raising to acquire the first cohort of firms.

State the round, the use of funds, and the milestone it buys. Then make it easy to reply.