AuditoriaAI Just Raised 38 Million to Make AI a No-Brainer for Finance Teams

Corporate finance has long been defined by complexity. CFOs and finance teams have spent decades managing manual processes, high-volume tasks, and the relentless demands of accuracy, compliance, and efficiency. From vendor relationships to invoice processing and cash flow optimization, their responsibilities have only intensified in an era of global markets, regulatory scrutiny, and economic uncertainty. Now, artificial intelligence is reshaping the back offices of corporate finance, transforming the way businesses operate.

Auditoria.AI, founded by seasoned entrepreneurs with deep expertise in finance and technology, the company has been steadily building a platform that leverages advanced AI to streamline financial operations. Now, with a fresh $38 million Series B funding round, Auditoria.AI is set to accelerate its mission of empowering CFOs and finance teams with intelligent automation solutions.

The oversubscribed funding round was led by Innovius Capital, with new investors Dell Technologies Capital and Sentinel Global joining. Existing backersVenrock, NeoTribe Ventures, Engineering Capital, and KPMG Ventures also doubled down on their support. This strong vote of confidence reflects growing recognition of Auditoria.AI’s ability to address some of corporate finance’s most pressing challenges.

A Platform Built for the Modern CFO

At its core, Auditoria.AI automates the repetitive, time-consuming tasks that have long burdened finance teams. Using natural language processing (NLP), machine learning, and generative AI, the platform provides tools to streamline workflows, enhance decision-making, and improve vendor and customer relationships.

Its SmartBots, AI-powered agents designed specifically for finance teams handle everything from vendor management and collections to procurement controls and data extraction. These bots don’t just automate tasks; they learn and adapt to each organization’s unique needs.

A standout feature of the platform is its seamless integration with existing financial systems, accounting inboxes, and finance operations tools. This ensures smooth adoption without disrupting current workflows. Supporting over 300 languages and currencies, Auditoria.AI has become a truly global solution, serving markets that account for more than 80% of global GDP. The platform now processes over $2.4 billion in collections and $9 billion in invoicing annually.

Auditoria AI has had a very successful year in 2024. The company has experienced triple-digit growth, driven by rising demand for AI-powered finance automation in areas such as healthcare, financial services, retail, technology, and consumer hospitality. This increase demonstrates the platform’s capacity to deliver meaningful advantages, ranging from reduced manual tasks to improved cash performance and compliance.

For CEO and co-founder Rohit Gupta, “This funding is a significant milestone as we scale and deliver AI-driven autonomous tools for CFOs and finance teams,” said Gupta. “We are thrilled to welcome Innovius Capital, Dell Technologies Capital, and Sentinel Global to our team and look forward to leveraging their expertise to propel our mission forward.”

Empowering Finance Teams

While the technology behind Auditoria.AI is unquestionably amazing, its true value comes from its capacity to empower finance professionals. By automating high-volume processes, the platform allows teams to focus on more important work, such as strategic planning and decision-making. This is especially important in today’s competitive talent landscape, when businesses are increasingly working to improve their existing teams rather than simply employing new employees.

Michael Conway, CFO of TIH Insurance Holdings, has seen this firsthand:

“With talent competition fiercer than ever, companies must elevate their existing teams,” he said. “Auditoria.AI enables this by automating high-volume tasks, freeing finance professionals for higher-impact work. 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.”

A Vision Rooted in Experience

The story of Auditoria.AI has a solid foundation in the experiences of its creators. Rohit Gupta, along with co-founders Adina Simu and Gaurav Bhatia, previously collaborated on a firm that was bought in 2016. During their post-acquisition work, they discovered a major market gap: the demand for a more efficient, software-centric approach to back-office operations. Traditional solutions, such as establishing offshore shared services centres, were not only expensive but also out of date in an age of rapid technology innovation.

Traditional methods such as offshore shared services centers were costly and outdated in an era of rapid technological advancement. “It was going to be hugely manual,” Gupta explained. “The old-school approach was to set up a shared services function in a lower-cost geography, hiring talented accounting professionals to handle these processes manually. But as we approached the turn of the decade, it became clear that there had to be a better way.”

That better way, Gupta realized, lay in leveraging advancements in AI, machine learning, robotic process automation, and natural language processing. By adopting a software-centric approach, he believed it was possible to drive significant value for enterprises while reducing reliance on manual labor.

To validate this idea, Gupta and his co-founders spoke with over 130 finance professionals, including CFOs, VPs of finance, and other practitioners. The feedback was overwhelming: the need for automation in the back office was massive, and it represented one of the final frontiers for software-driven automation.

“The feedback we received was clear,” Gupta said. “The back office is ripe for automation, and there’s a huge demand for solutions that can streamline these processes. That’s how the concept of Auditoria.AI was born.”

“I knew there was a better way,” Gupta recalled. “By leveraging AI, machine learning, and natural language processing, we could drive real value for enterprises in a software-centric way.”

This realization led to Auditoria.AI’s creation, built to automate the routine, repetitive, and labor-intensive tasks of finance teams.

Scaling Impact and Innovation

For Auditoria.AI, the company plans to expand its team, deepen its AI capabilities, and strengthen its presence in global markets. With Auditoria.AI, the founders focused on creating a solution that was not only powerful but also user-friendly. “The technology behind our platform is sophisticated, but it presents itself to the user in a natural and easy-to-use way,” Gupta said. “Our goal was to make it accessible to finance professionals without requiring them to be engineers or rely on consultants to get started.”

As Gupta put it:

“A fundraise is not the finish line; it is a catalyst. Today’s success is fleeting, and tomorrow, the work continues. Our customers rely on us to keep building, improving, and delivering AI that transforms finance not just incrementally, but fundamentally.”