Record verified

Crunchafi

Crunchafi, formerly LeaseCrunch, makes lease accounting software for CPA firms and their clients, and also serves companies, governments and fractional CFOs. It produces journal entries, amortization schedules and footnote disclosures under ASC 842, IFRS 16, FRS 102 and GASB 87, 94 and 96, for lessees and lessors. Its AI Lease Abstraction feature reads an uploaded lease contract and fills in key details such as lease term, start and end dates and asset information.

SOC 2
Type II
Trains on customer data
Unconfirmed
Human review
Unconfirmed
Pricing
Quote only

What the AI does

  • AI Lease Abstraction reads an uploaded lease contract and enters key details such as lease term, start and end dates and asset information
  • Abstraction runs inside the Lease Accounting product, where it was added in November 2025
  • Uses Microsoft Azure OpenAI and Anthropic models, per Crunchafi's privacy policy, for features such as document data entry and data analysis

Summarized from crunchafi.com.

Facts, checked against the source

Ledger integrations
None documented among QuickBooks Online, Xero, NetSuite, Sage Intacct and Microsoft DynamicsAlso documents: Thomson Reuters Guided Assurance.
Pricing
Not publishedThe vendor does not list prices publicly; pricing is by quote or sales contact.
Free plan
UnconfirmedPricing is not public or does not say.
Trains on customer data
UnconfirmedCrunchafi's privacy policy says input and output data processed by Azure AI and Anthropic is not used to train or improve public models. It does not say whether Crunchafi itself uses customer data to train or improve its own AI features.
Human review
UnconfirmedCrunchafi's lease accounting page and launch release do not say whether users review or confirm the extracted lease details before they are used.
Company
Privately held. Founded 2016, based in Milwaukee, WISource: crunchafi.com (opens in a new tab)
Funding
Last round: Growth investment, January 10, 2024Investors named: Aquiline Capital PartnersSource: crunchafi.com (opens in a new tab)
  • Checked against the linked official source on the date shown.
  • Unconfirmed: we could not find an official statement.

Funding rounds

Rounds announced by the company or its lead investor. Amounts in US dollars.
AnnouncedRoundAmountLed bySource
January 10, 2024Growth investmentUndisclosedAquiline Capital Partnerscrunchafi.com

Sources

Official pages read for this listing on October 30, 2026. Vendors change their sites; if a page no longer says what we report, tell us and we will recheck it.

  1. www.crunchafi.com/products/lease-accounting
  2. www.crunchafi.com/products/data-extraction
  3. www.crunchafi.com/pricing
  4. www.crunchafi.com/about-us
  5. www.crunchafi.com/privacy-policy
  6. www.crunchafi.com/terms-of-service
  7. www.crunchafi.com/technology-partners
  8. www.crunchafi.com/newsroom
  9. www.crunchafi.com/newsroom/crunchafi-introduces-ai-lease-abstraction-to-simplify-lease-accounting
  10. tours.crunchafi.com/answers/crunchafi-introduces-ai-lease-abstraction-to-simplify-lease-accounting
  11. www.crunchafi.com/newsroom/leasecrunch-rebrands-as-crunchafi-a-broader-vision-for-cpa-firms
  12. www.crunchafi.com/newsroom/thomson-reuters-partnership
  13. www.crunchafi.com/newsroom/announces-significant-investment-aquiline-capital-partners

1 logged change to this listing, most recently October 30, 2026. See the changelog.

Crunchafi questions

Does Crunchafi train AI on customer data?
We could not find a published Crunchafi policy that says whether customer data is used to train AI models. Crunchafi's privacy policy says input and output data processed by Azure AI and Anthropic is not used to train or improve public models. It does not say whether Crunchafi itself uses customer data to train or improve its own AI features.
Does Crunchafi have SOC 2?
Crunchafi states that it holds a SOC 2 Type II report.
Which accounting systems does Crunchafi integrate with?
Crunchafi does not document an integration with QuickBooks Online, Xero, NetSuite, Sage Intacct or Microsoft Dynamics on its site.
How much does Crunchafi cost?
Crunchafi does not publish prices; pricing is by quote.
What are alternatives to Crunchafi?
Other lease accounting tools in this directory include Accruent Lucernex, FinQuery, Monetary, MRI ProLease and Nakisa.