American Marconi Wireless News - Auditoria.AI Raises $38M in Series B Funding to Usher Agentic AI Era for Enterprise Finance Teams

"This funding marks a significant milestone for Auditoria.AI as we continue to scale and deliver cutting-edge solutions to equip CFOs and finance teams with the most advanced AI-driven autonomous solutions, helping them drive efficiency, reduce risk, and accelerate 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 to our team and look forward to leveraging their expertise and resources to propel our mission forward. This investment fuels our vision, and we're just getting started."

Achieving triple-digit growth in 2024, Auditoria.AI strengthened its position as the premier provider of agentic AI solutions for corporate finance, automating accounting tasks proactively and autonomously. Using agentic AI delivered through advanced natural language processing (NLP), machine learning, and generative AI, Auditoria provides real-time financial insights, automates repetitive tasks, and strengthens vendor and customer relationships-empowering finance teams to focus on strategic initiatives. Every major industry including healthcare, financial services, retail, technology, and consumer hospitality embraced Auditoria's AI offerings for finance, accounting, and procurement. Shared services teams will continue to benefit from Auditoria's intelligent systems designed to integrate seamlessly with enterprise operations, leveraging contextual awareness and machine learning to further collaboration and drive efficiency and innovation.

According to Gartner, the 2024 Gartner AI in Finance Survey found that nearly all finance leaders anticipate the cost and effort they allocate to deploying AI within finance will increase over the next two years. Fifty-three percent of finance leaders anticipate that cost and effort will increase by more than 10%. As CFOs and finance teams face increasing pressure to optimize efficiency while managing complex workflows, Auditoria.AI's SmartCustomer and SmartVendor AI solutions are redefining accounts receivable and accounts payable automation.

With expanded support for 300+ languages and currencies, Auditoria.AI now reaches markets that collectively represent over 80% of global GDP. Auditoria processes more than $2.4B in collections and more than $9B in invoicing annually for its customers, helping organizations achieve breakthrough results for their finance departments.

"With talent competition fiercer than ever, companies must elevate their existing teams. Auditoria.AI enables this by automating high-volume tasks, freeing finance professionals for higher-impact work," noted Michael Conway, CFO of TIH Insurance Holdings. "Having supported them at two organizations, I've seen their impact firsthand. This funding highlights the growing demand for AI-driven finance solutions, and I'm excited to see Auditoria continue leading the way."

"Finance leaders today demand AI-driven automation that is secure, intelligent, and seamless. Auditoria is pioneering this next wave of agentic AI-driven finance transformation," said Justin Moore, CEO and Founding Partner at Innovius Capital. "In an area often lagging in embracing artificial intelligence and advanced technology, Auditoria is empowering the office of the CFO with agentic AI solutions that drive transformational change, and we are excited to help them build upon this momentum with our investment."

Raman Khanna, Managing Director, Dell Technologies Capital added, "We see tremendous potential in Auditoria's approach to innovation deploying agentic AI for enterprise finance. As a former CIO, I know firsthand that enterprise finance teams value scalability and performance but also demand strong security and data protection. With Rohit's deep experience as an enterprise leader, the Auditoria team is delivering on every one of these fronts. We look forward to working closely with them to drive value to enterprises across every industry."

Sylvester Wee, CFA, Partner and Founding Team Member at Sentinel Global stated "AI is reshaping how global enterprises operate, and finance is poised for a major transformation. Auditoria is at the forefront of this shift, pioneering intelligent financial operations by seamlessly integrating domain-specific AI with their proprietary Specialized Language Model. This goes beyond automation-it removes language barriers, streamlines workflows across time zones, and enables enterprises to scale without the bottlenecks of manual processes. We're investing in Auditoria because they aren't just enhancing finance functions-they're redefining how modern enterprises achieve significantly greater efficiency, agility, and intelligence in financial operations."

For more information about Auditoria.AI and its latest developments, visit Auditoria.AI.

About Auditoria.AI
Auditoria.AI is the leader in agentic AI solutions for corporate finance that automate business processes to accelerate finance operations and cash performance. Auditoria.AI executes mundane tasks while automating complex business functions in the Office of the CFO, redefining enterprise AI by combining its proprietary specialized language model with multi-model support for leading large language models (LLMs) in production. Auditoria.AI seamlessly integrates GPTs from OpenAI, Azure, LLaMa, and Google Gemini, ensuring finance teams are served best-in-class generative AI capabilities. Auditoria.AI's agentic AI, called SmartBots, integrates with systems of record and accounting inboxes to optimize vendor management, streamline collections, add controls to procurement spend, accelerate data extraction, and automatically handle finance inbox inquiries.

Corporate finance and accounting teams at leading companies such as Rocket Companies, RingCentral, Truist Insurance Holdings, Match Group, Ochsner Health System, Stock X, Denny's, Blackbaud, Memorial Sloan Kettering Hospitals, and Iowa State University use Auditoria to accelerate business value while minimizing heavy IT involvement, improving business resilience, lowering attrition, and accelerating business insights for finance teams.

Media Contact:
Meg Fornataro
[email protected]

SOURCE: Auditoria

View the original press release on ACCESS Newswire

L.Davis--AMWN