WiseLayer, a NYC-based AI fintech company that makes AI-powered digital workers for finance and accounting teams, raised $7.2M in funding.
The round was led by Canaan Partners, with participation from K5 Global, The Fintech Fund, Unpopular Ventures, and industry angels.
The company intends to use the funds to accelerate the continued development of its task-specific AI workers, each of whom automates a highly-manual complex recurring process performed by finance and accounting teams.
Led by CEO Josh Stein and CTO Vik Bellapravalu, WiseLayer makes AI-powered digital workers for finance and accounting teams. The platform enables 300+ integrations into every major ERP, billing, P2P, HRIS and more), consolidates the data, and automates time-consuming tasks like accruals, revenue recognition, financial discrepancy detection, and more.
Its digital workers include:
- Angela for accruals and rev rec,
- Dennis for discrepancies and financial anomalies, and
- more AI agents who specialize in additional tasks.
More than 100 companies currently use its AI workers, including mid-sized firms and public companies.
FinSMEs
28/01/2025