Konstruct Telemedia
Auditoria.AI has emerged as a key player in the realm of pioneering AI solutions specifically crafted for corporate finance, recently achieving an impressive $38 million through a highly sought-after Series B funding round.
This significant financial boost was spearheaded by Innovius Capital, with substantial backing from notable investors such as Dell Technologies Capital, Sentinel Global, and existing supporters like Venrock, NeoTribe Ventures, Engineering Capital, and KPMG Ventures.
With this newfound capital, Auditoria.AI is poised to escalate its growth momentum, placing a strong emphasis on product innovation and tapping into international markets. The company has experienced astounding success in 2024, showing triple-digit growth as it cements its position in the rapidly evolving domain of AI-enhanced financial automation.
By leveraging revolutionary technologies including natural language processing (NLP), machine learning, and generative AI, Auditoria.AI aims to transform financial operations for CFOs and finance teams. Its platform is designed to provide instantaneous insights, streamline routine accounting tasks, and foster relationships with vendors and customers, gaining traction across diverse industries such as healthcare, finance, retail, technology, and hospitality.
Now, Auditoria.AI proudly supports over 300 languages and currencies, enabling it to connect with markets that account for over 80% of the global GDP. The platform adeptly manages a staggering $2.4 billion in collections alongside $9 billion in invoicing each year.
Rohit Gupta, the visionary CEO and co-founder of Auditoria.AI, expressed, “This funding marks a pivotal milestone in our journey as we aim to scale our operations and deliver innovative solutions that empower CFOs and finance teams through sophisticated AI capabilities, boosting efficiency, minimizing risk, and speeding up decision-making.”
Welcoming the new partnerships, Gupta stated, “We are thrilled to have Innovius Capital, Dell Technologies Capital, and Sentinel Global join our team and anticipate harnessing their extensive expertise and resources to further our mission. This investment propels our vision forward, and we’re merely at the outset of an exhilarating journey.”
Reflecting this enthusiasm, Michael Conway, CFO of TIH Insurance Holdings, noted, “In a competitive landscape for talent, companies must enhance their current teams. Auditoria.AI aids in this endeavor by automating mundane tasks, allowing finance professionals to focus on higher-value activities.”
Conway, who has seen Auditoria.AI’s transformative influence in two organizations, stated, “This funding highlights the growing demand for AI-driven finance solutions, and I eagerly anticipate watching Auditoria lead the way in this dynamic industry.”
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