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Artificial Intelligence | Machine Learning | Natural Language Processing Vic.ai | Platform for Remote Accounting Firms & Enterprise Finance


AI Platform for Remote Accounting Firms, Accounting Automation, CFO Technology, Machine Learning New York, NY, United States

Vic.ai

Artificial Intelligence | Machine Learning | Natural Language Processing


Vic.ai | Platform for Remote Accounting Firms & Enterprise Finance

Vic.ai

AI Platform for Remote Accounting Firms, Accounting Automation, CFO Technology, Machine Learning


New York, NY, United States

Vic.ai is the AI (artificial intelligence) platform for accounting firms and enterprise finance departments. This machine learning and cloud automation technology has already been trained on over 100 million live accounting documents and transactions. Already surpassing human-level accuracy for many tasks, Vic.ai helps accountants, CFOs, controllers, and accounts payable (AP) teams become more efficient and reduce errors on routine tasks such as invoice processing, approval workflows, and electronic payment processing. CPA firms can leverage their human workforce for cognitive tasks, while AI takes care of repetitive tasks, driving dramatic cost savings and profit margin improvements. This helps public accounting firms create balanced employee workloads during tax season, be more flexible, and protect against new business model threats.CFOs and controllers from high-growth enterprise finance teams use Vic.ai to keep headcount under control, increase security, and reduce costly errors due to poor internal controls. By automatically entering invoices into accounting systems for human review, this changes the AP person’s workflow from data input to reviewing the AI.

 

B2C, B2B

26 to 50

Series A

$12.7 M

Scaling Up

2016

 
 

Financial Services
Accounting

N/A

Increase Efficiency

 
 

IT and Security
Finance
Service

Yes

Active

 
 

   Machine Learning
   Natural Language Processing
   Automated Planning and Search


N/A


N/A

 

   Software


N/A


N/A

 
 

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Data Scientist

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UI/UX Engineer

New York, New York

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Remote, Remote

Director of Customer Success

New York, New York

 
 

4

1

$50 M

Company was founded 2016 and it took almost 5 years (Sep 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

09/01/2021

Series B

$50 M

Iconiq Growth, GGV Capital, Cowboy Ventures, Costanoa Ventures

Date : 09/01/2021

Round: Series B

$ Raised: $50 M

Investors: Iconiq Growth, GGV Capital, Cowboy Ventures, Costanoa Ventures

 
 
Alexander Hagerup


Alexander Hagerup
Co-Founder & CEO

Rune Løyning


Rune Løyning
Co-Founder & CTO

Joshua Feinberg


Joshua Feinberg
CMO

Kristoffer Roil


Kristoffer Roil
Co-Founder & CRO