Wiselayer obtains $ 7.2 million to supply AI workers for financial and accounting teams
ContemptuousFintech AI company, which makes digital workers fed by AI for financial and accounting teams, said $ 7.2 million in funding today. The Tour was led by Canaan Partners, with the participation of K5 Global, the Fintech fund, unpopular companies and industry angels.
Funding will feed the continuous development of AI workers specific to Wiselleer’s tasks, each automating a very manual complex recurrent process carried out by the finance and accounting teams. The company’s current digital workforce includes:
- Angela, the agent Ai for accumulations and the review
- Dennis, the AI agent for differences and financial anomalies
- … With the 4 new agents of AI specialized in the following tasks: (1) Banking reconciliations, (2) depreciation and depreciation of fixed assets, (3) lease accounting and (4) expenses Prepaid.
More than 100 companies are currently using Wiselayer AI workers, including medium -sized companies and public enterprises.
“The exceptional early traction that Wiselay has achieved with its many large customers, everyone to like their product, demonstrates a clear need for the market,” said Brendan Dickinson, general partner at Canaan Partners. “We are delighted to support Wiselayer’s next growth phase because they improve their digital workforce powered by AI for financial and accounting teams.”
“Financial and accounting teams have some of the brightest people in any business, but their brain is often spent on recurrent administrative and compliance tasks, Rev Rec, and even more,” said Josh Stein, CEO and Co -Wiselayer’s depth. “Wiselayer’s mission is to build AI agents to automate these repetitive and laborious processes with precision, so that these highly qualified people can focus on strategic financial initiatives that stimulate business growth.”
Wiselayer was founded by industry veterans to help financing and accounting services to resolve the ever -increasing requirements with financial and compliance. It is common for these teams to use several different software tools for various crucial tasks, which causes problems with manual data extraction, data accuracy and conformity. Wiselayer is the only AI platform that connects to each of these tools (300+ integrations in each major ERP, invoicing, P2P, MRI and more), consolidates the data and automation of long tasks such as accumulations, the Recognition of income, detection of financial divergence, and more.
“What makes Wiselayer completely unique is our objective on the creation of specialized digital workers who each fulfill a long -term financial function – with unprecedented precision and efficiency,” said Vik Bellapravalu, CTO and Co -founder At Wiselayer. “For example, if you are a controller in a company, you can use Angela, the AI agent for accumulations and the Reverend to reduce your exercise process from the end of months of days to an hour.”
“Today, Angela automates around 90% of the business exercise process. With our novel and secure AI, we will reach this about 98% this year,” said Jack Gillette, product manager and engineers Founders.
The new funding will be used to delight new and existing customers more by making Wiselayer IA workers even more effective – and developing new AI workers. In addition, funding will be used to extend the customer support infrastructure and stimulate market expansion.