![]() Will Griffith, founding partner at ICONIQ Growth, said Vic.ai team “demonstrates the same passion, product focus and customer-first mentality that we see in other exceptional founders. Vic.ai, which offers AI-powered tools that it says can automate accounting tasks, raises 50M Series B led by Iconiq Growth, bringing total raised to 63M Vic. Our AI platform delivers both autonomy and intelligence for finance and accounting teams.” Will Griffith, a founding partner at ICONIQ Growth who will be joining Vic.ai’s board of directors, referred to the round by stating: The round brings the total funding raised by the startup since 2017 to 63 million, allowing it to expand its AI offerings for US and European users. Accounting work is tedious and repetitive, but it no longer needs to be. Vic.ai says it can do this by learning from historical data and existing processes to deliver more automation in accounting processes, thus saving time and reducing errors and duplicates.Īlexander Hagerup, CEO of Vic.ai (launched in 2017) said: “It’s 2021, and it’s high time for finance and accounting teams to embrace AI technology. Vic.ai says its platform has processed more than 535 million invoices with 95% accuracy. Very exciting time for us at Vic.ai Were pioneering the future of accounting and finance with the worlds first truly artificially intelligent accountant. AI accounting firm Vic. and HireQuest Inc., as well as accounting firms KPMG, PwC, BDO, and Armanino LLP. ![]() The company’s customers include HSB (Sweden’s largest real-estate management company), Intercom Inc. Vic.ai, a startup that has built an AI-based platform it claims can "automate" enterprise accounting, has raised a $50 million Series B round led by ICONIQ Growth, with participation from existing investors GGV Capital, Cowboy Ventures and Costanoa Ventures, bringing total capital raised to $63 million.
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