Auditoria.AI, a pioneer in agentic AI solutions designed for the Office of the Chief Financial Officer (CFO), has closed an oversubscribed Series B funding round with $38 million in new capital. The round was led by Innovius Capital, with Dell Technologies Capital, Sentinel Global, and current investors like Venrock, NeoTribe Ventures, Engineering Capital, and KPMG Ventures joining in. The investment will fuel Auditoria.AI’s growth, and product innovation, and expand its international market reach.
“This funding is an important milestone for Auditoria.AI as we keep scaling and delivering innovative AI-powered autonomous solutions empowering CFOs and finance teams to drive efficiency, reduce risk, and speed up decision-making,” said Rohit Gupta, CEO and Co-Founder of Auditoria.AI. “We are thrilled to welcome Innovius Capital, Dell Technologies Capital, and Sentinel Global as partners. Their expertise and resources will be invaluable in propelling our mission forward. This investment strengthens our vision, and we’re just getting started.”
Auditoria.AI recorded triple-digit growth in 2024 as the leader in agentic AI solutions for corporate finance. The firm provides real-time financial insights, automates routine accounting processes, and maximizes vendor and customer relationships through the application of agentic AI driven by deep natural language processing (NLP), machine learning, and generative AI. Its platform enables finance teams to attend to strategic purposes while maintaining seamless automation of finance, accounting, and procurement operations.
Organizations from key industries and sectors such as healthcare, financial services, retail, technology, and consumer hospitality have embraced Auditoria’s AI offerings across a broad spectrum. Auditoria’s smart systems are programmed to fit harmoniously into enterprise environments, using contextual knowledge and machine learning to enhance collaboration, increase efficiency, and enhance shared services teams’ innovation.
The Emerging Need for AI in Finance:
As per the 2024 Gartner AI in Finance Survey, almost all finance leaders believe that the expense and effort required for deploying AI in financial operations will increase over the next two years. Over 53% of them predict an increase of over 10% in the cost and resources required for AI. With growing pressure on CFOs and finance teams to optimize efficiency while managing increasingly complex workflows, Auditoria. Ai’s Smart Customer and Smart Vendor AI solutions are revolutionizing accounts receivable and accounts payable automation.
Enlarging its scope, Auditoria.AI now accommodates more than 300 languages and currencies, accessing markets that account for over 80% of the world’s GDP. The platform handles more than $2.4 billion in collections and over $9 billion in invoicing per year, bringing substantial operational gains to finance departments globally.
Industry Leaders Endorse Auditoria’s Impact:
“With competition for top financial talent higher than ever before, companies need to unlock their current teams by automating bulk tasks,” added Michael Conway, CFO at TIH Insurance Holdings. “Auditoria.AI facilitates this by liberating finance professionals to deliver high-impact work. Having rolled out their solutions at two organizations, I have seen their huge value for myself.” This new funding round highlights the increasing need for AI-powered finance automation, and I am pleased to witness Auditoria leading the charge.”
“Finance leaders today require AI-powered automation that is secure, intelligent, and natively integrated into current workflows,” said Justin Moore, CEO and Co-Founder at Innovius Capital. “Auditoria is leading this next generation of AI-powered finance transformation. In an industry notoriously slow to embrace AI and cutting-edge technology, Auditoria is providing agentic AI solutions that deliver radical change. We are thrilled to help their continued growth and innovation.”
About Auditoria.AI:
Auditoria.AI is an innovator of agentic AI solutions for corporate finance, optimizing business processes to improve financial performance and cash efficiency. The solution automates the mundane while taking care of intricate finance functions within the Office of the CFO, establishing a new benchmark in enterprise AI. Auditoria’s proprietary Specialized Language Model operates alongside leading large language models (LLMs) such as GPTs from OpenAI, Azure, LLaMa, and Google Gemini, ensuring that finance teams have access to best-in-class generative AI capabilities.
Auditoria’s SmartBots integrate with enterprise systems of record and finance inboxes, optimizing vendor management, streamlining collections, reinforcing procurement controls, accelerating data extraction, and automatically managing finance-related inquiries.
Accounting and corporate finance teams at large organizations including Rocket Companies, RingCentral, Truist Insurance Holdings, Match Group, Ochsner Health System, StockX, Denny’s, Blackbaud, Memorial Sloan Kettering Hospitals, and Iowa State University depend on Auditoria to build business resilience, lower IT burden, and accelerate financial insights.
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