--- title: Announcing Auditoria’s Series A Financing description: We're thrilled to announce that Auditoria has closed its Series A financing round to usher in a new era of Autonomous Applications for Corporate Finance.  image: https://blog.auditoria.ai/hubfs/Featured-Image---Auditoria-Series-A.png --- [![Auditoria](https://blog.auditoria.ai/hs-fs/hubfs/Auditoria_March2020/image/OnWhite.png?width=888&height=209&name=OnWhite.png "Auditoria")](https://www.auditoria.ai) - [Products](https://www.auditoria.ai/solutions/) - [Auditoria SmartVendor](https://www.auditoria.ai/solutions/#smartvendor) - [» AP Helpdesk](https://www.auditoria.ai/solutions/#ap_helpdesk) - [» AP Invoices](https://www.auditoria.ai/solutions/#ap_invoices) - [» AP Accruals](https://www.auditoria.ai/solutions/#ap_accruals) - [Auditoria SmartCustomer](https://www.auditoria.ai/solutions/#smartcustomer) - [» AR Helpdesk](https://www.auditoria.ai/solutions/#ar_helpdesk) - [» AR Collections](https://www.auditoria.ai/solutions/#ar_collections) - [» AR Remittances](https://www.auditoria.ai/solutions/#ar_remittances) - [Guardian](https://www.auditoria.ai/solutions/#guardian) - \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ - [AP and AR Helpdesk Collaborative Mode](https://www.auditoria.ai/ap-and-ar-helpdesk-collaborative-mode/) - [Auditoria Technology Platform](https://www.auditoria.ai/auditoria-smartflow-platform/) - [SmartBots and RPA](https://www.auditoria.ai/what-are-smartbots-and-how-do-they-improve-rpa/) - [How It Works: NLP & AI](https://www.auditoria.ai/how-it-works-nlp-nlu-and-ai/) - [Solutions](https://www.auditoria.ai/my-systems/) - [Workday](https://www.auditoria.ai/my-systems/#workday) - [ServiceNow](https://www.auditoria.ai/my-systems/#servicenow) - [Oracle](https://www.auditoria.ai/my-systems/#oracle) - [Coupa](https://www.auditoria.ai/my-systems/#coupa) - [SAP](https://www.auditoria.ai/my-systems/#sap) - [Benefits](https://www.auditoria.ai/who-needs-auditoria/#top) - [CFOs](https://www.auditoria.ai/who-needs-auditoria/#cfo) - [Controllers](https://www.auditoria.ai/who-needs-auditoria/#controller) - [Receivables Teams](https://www.auditoria.ai/who-needs-auditoria/#ar) - [Payables Teams](https://www.auditoria.ai/who-needs-auditoria/#ap) - [General Ledger Teams](https://www.auditoria.ai/who-needs-auditoria/#fpa) - [Shared Services Teams](https://www.auditoria.ai/who-needs-auditoria/#gbs) - [IT and Finance Transformation](https://www.auditoria.ai/who-needs-auditoria/#it) - [Resources](https://www.auditoria.ai/resources/) - [Blog](https://blog.auditoria.ai) - [Product Demos](https://www.auditoria.ai/resources/type-demos/) - [Solution Briefs](https://www.auditoria.ai/resources/type-solution-briefs/) - [White Papers](https://www.auditoria.ai/resources/type-white-papers/) - [Webinar Recordings](https://www.auditoria.ai/resources/type-webinar-recordings/) - ROI Calculators - [AP Automation ROI](https://www.auditoria.ai/ap-automation-roi-calculator/) - [AR Automation ROI](https://www.auditoria.ai/ar-automation-roi-calculator/) - [Company](https://www.auditoria.ai/company/) - [About Us](https://www.auditoria.ai/company/) - [Careers & Culture](https://www.auditoria.ai/careers-culture/) - [Contact Us](https://www.auditoria.ai/contact-us/) - [News & Press](https://www.auditoria.ai/news-and-press/) - [Events & Webinars](https://www.auditoria.ai/events-webinars/) - [Partners](https://www.auditoria.ai/partners/) - [Trust](https://www.auditoria.ai/trust/) You are here: [Home](https://www.auditoria.ai) / [Blog | AI In Finance](https://blog.auditoria.ai) / Announcing Auditoria’s Series A Financing ### [Blog | AI In Finance](https://blog.auditoria.ai) # Announcing Auditoria’s Series A Financing [By Rohit Gupta](https://blog.auditoria.ai/author/rohit-gupta) **[![Auditoria-Series-A](https://blog.auditoria.ai/hs-fs/hubfs/Auditoria-Series-A.png?width=998&name=Auditoria-Series-A.png)](https://share.auditoria.ai/series-a)The beauty of technology paradigm shifts is the dramatic velocity in expansion and adoption of the new paradigm.** The heritage leaders rarely realize this shift until it’s much too late. And when you factor in a pandemic and its impacts therein, companies’ transformation imperatives have been forcefully accelerated in almost every industry around us. The last decade saw Cloud and SaaS become mainstream, and the next decade is the one of Artificial Intelligence (AI) and Autonomous, Intelligent Applications.  The quest for an [Autonomous Enterprise](https://www.raywang.org/blog/2020-03/mondays-musings-inside-five-levels-autonomous-enterprises)—rather an Autonomous Future—starts with a desire to consider what decisions require intelligent automation versus purely human judgment. The pressure to increase margins, reduce technical debt, and improve serviceability creates massive incentives for companies to adopt autonomous applications. These applications cannot rely on “old school” rules to succeed. Instead, they must take a cognitive approach, apply Machine Learning, harness Natural Language Processing, and ultimately become autonomous. **We founded Auditoria with one end goal in mind—to help back-office teams regain control and balance over their work output, thus delivering predictable outcomes in every part of corporate finance.** Auditoria’s approach helps customers and companies gain massive efficiencies; improve critical financial metrics like DSO, DPO, cash performance, and velocity; and transform their financial operations toward a highly performant and autonomous future.  **Today, I’m thrilled to announce that** [**Auditoria has closed its Series A round of financing**](https://share.auditoria.ai/series-a)**to usher in a new era of Autonomous Applications for Corporate Finance. ** I’m excited to partner with [Brian Ascher](https://www.venrock.com/teammember/brian-ascher/) at [Venrock](https://www.venrock.com/), [Aditya Singh](https://twitter.com/adit_neotribevc?lang=en) at [Neotribe Ventures](https://www.neotribe.vc/about), and [Ashmeet Sidana](https://www.linkedin.com/in/sidana) at [Engineering Capital](https://www.engineeringcapital.com/) as we build and scale Auditoria. I’m also grateful to have the opportunity to collaborate with [Betsy Bland](https://www.linkedin.com/in/betsybland), [Mark Peek](https://www.linkedin.com/in/peekmark/), and [Leighanne Levensaler](https://www.linkedin.com/in/leighannelevensaler) at [Workday Ventures](https://ventures.workday.com/) as part of this journey. Thank you also to our angel investors who believed in us from day one.  Above all, I’d like to thank our Customers, Partners, and Teammates who’ve supported us every step of the way and have been instrumental in helping us achieve this tremendous milestone. *Auditoria is growing rapidly, and we are [actively hiring](https://www.auditoria.ai/careers-culture/) in every significant function: R&D, Sales, Marketing, and Customer Success. * I can’t wait to show you all the next set of autonomous FinApps that we are developing, and I invite you all to join us as we deliver on this vision of the autonomous enterprise. ![Rohit-Sign](https://blog.auditoria.ai/hs-fs/hubfs/Rohit-Sign.png?width=150&name=Rohit-Sign.png)   [Finance Automation](https://blog.auditoria.ai/tag/finance-automation) ## Read On ### [Auditoria Survey: Accounting Automation in the Finance Back Office "Finance people have been left behind by automation." I've been saying it for years. I frequently...](https://blog.auditoria.ai/its-here-the-auditoria.ai-2020-survey-automation-in-erp-and-the-finance-back-office) ### [Conclusion: Go Full Throttle with Auditoria.AI "Lights out and away we go!" These electrifying words from racing commentator David Croft perfectly...](https://blog.auditoria.ai/conclusion-go-full-throttle-with-auditoria.ai) ### [5 Key Findings from the 2020 Auditoria.AI Survey of ERP & Automation I've noticed something about people. Practically everyone I've ever met is walking around with two...](https://blog.auditoria.ai/5-key-findings-from-the-2020-auditoria.ai-survey-of-erp-automation) ### Headquarters 2755 Great America Way Santa Clara, CA 95054 [Directions to Auditoria.AI](https://www.google.com/maps/place/3031+Tisch+Way,+San+Jose,+CA+95128/@37.3176295,-121.9477135,18.33z/data=!4m6!3m5!1s0x808fcadf570ea859:0x4496c4ecf0b99d1a!8m2!3d37.3177477!4d-121.9477554!16s%2Fg%2F11bw3wrhc8?entry=ttu) [info@auditoria.ai](mailto:info@auditoria.ai) (+1) 408.889.1500 ### Useful Links [Privacy Policy](https://www.auditoria.ai/privacy-policy/) [Terms of Use](https://www.auditoria.ai/terms-of-use/) ![SOC 2 Type II](https://www.auditoria.ai/wp-content/uploads/21972-312_SOC_NonCPA-180x180.png) The Auditoria logo, Auditoria AR Collections, Auditoria SmartPay, Auditoria SmartBots, and Autonomous Vendor Management are trademarks or registered trademarks of Auditoria.AI Inc. All rights reserved.  © Copyright 2024 - Auditoria.AI - - ![](https://ws.zoominfo.com/pixel/XTjRYea2oipaSEi4VMXW) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Rohit Gupta", "url" : "https://blog.auditoria.ai/author/rohit-gupta" }, "dateModified" : "2023-08-21T12:37:28.067Z", "datePublished" : "2021-03-31T12:30:00.000Z", "headline" : "Announcing Auditoria’s Series A Financing", "image" : [ "https://blog.auditoria.ai/hubfs/Featured-Image---Auditoria-Series-A.png" ], "mainEntityOfPage" : { "@id" : "https://blog.auditoria.ai/announcing-auditorias-series-a-financing", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.auditoria.ai/hubfs/Auditoria%20Registered%20Gray_Auditoria%20Full%20Gray.svg" }, "name" : "Auditoria.AI" } } ```