WiseLayer Secures $7.2 Million to Power AI Workers for Finance & Accounting Teams
Summary
NEW YORK, Jan. 28, 2025 /PRNewswire/ WiseLayer (wiselayer.com), the AI fintech company that makes AI-powered digital workers for finance and accounting teams, today announced $7.2 million in funding. The round was led by Canaan Partners, with participation from K5 Global, The Fintech Fund, Unpopular Ventures, and industry angels.The funding will fuel the continued development of WiseLayers task-specific AI workers, each of whom automates a highly-manual complex recurring process performed by finance & accounting teams. Were thrilled to support WiseLayers next phase of growth as they enhance their AI-powered digital workforce for finance and accounting teams.Finance & accounting teams have some of the most brilliant people at any company, yet their brainpower is often spent on recurring administrative and compliance tasks like accruals, rev rec, and more, said Josh Stein, CEO & co-founder of WiseLayer. WiseLayers mission is to build AI agents to automate these repetitive, laborious processes with precision, so that these highly-skilled people can focus on strategic financial initiatives that drive company growth.WiseLayer was founded by industry veterans to help finance & accounting departments solve the ever-increasing requirements with financial accuracy and compliance. Its digital workers include Angela for Accruals & Rev Rec, Dennis for Discrepancies & Financial Anomalies, and more AI agents who specialize in additional tasks.