A Moldovan startup has turned one of the business world’s most tedious chores, accounting, into a task that takes minutes instead of days, thanks to AI-powered automation. Thousands of entrepreneurs and hundreds of accountants now rely on the platform built by SIRIUS SOFTWARE.
The company emerged from an EU4Youth-backed initiative called “Building Back Better through Social Entrepreneurship,” run by Junior Achievement Moldova. That program delivered more than funding. It supplied mentorship, practical training, and connections that pushed the founders to think beyond writing code.
Alexandru Vapilov, CTO and co-founder, credits the experience with reshaping the team’s mindset. The workshops covered market validation, scaling strategies, and startup management. Rather than abstract lessons, the sessions forced the founders to step away from daily development and examine unit economics with a long-term perspective.
Those training events doubled as networking hubs. Conversations with fellow founders and mentors helped establish the operational base needed to hire more people and refine the product.
Vapilov and co-founder Traian Chivriga originally built the tool for themselves roughly five years ago. They wanted automated bank statement processing to escape the hassle of logging into internet banking repeatedly. Once accountants showed interest, the pair recognized a real market opportunity and began constructing a full accounting platform.
The standout feature uses artificial intelligence to handle invoice processing. Traditionally, entering 50 e-invoices manually could consume several days. With SIRIUS, an accountant simply photographs the documents. The AI scans and indexes everything in about 10 minutes.
The founders insist the goal never involves replacing accountants. Instead, the platform brings order to company finances. Users can issue invoices, create payment accounts, and track who has paid, all from a phone. Invoices take under 60 seconds to generate and export to tax authorities.
A grant from the program covered three months of office rent, keeping the team focused on core development including e-invoice integration. Remaining funds supported initial marketing and user onboarding, helping the company transition from beta testers to paying customers.
The company now employs 11 people, mostly in Moldova, and has secured roughly €360,000 in outside investment. Next up: expansion into Romania and a direct challenge to legacy accounting systems.
