WiseLayer Raises $7.2M to Expand AI-Powered Digital Workers for Finance Teams
WiseLayer empowers finance and accounting teams by replacing manual, labor-intensive processes with specialized AI workers, enabling teams to save time, improve accuracy, and focus on higher-value tasks.
Company Name: WiseLayer
Location: New York City, NY
Industry: Finance
Funding Details
- Amount: $7.2M
- Investors:
- Lead: Canaan Partners
- Participants: K5 Global, The Fintech Fund, Unpopular Ventures, and industry angels
Purpose of Investment
- Accelerate the development of task-specific AI workers that automate complex, recurring processes for finance and accounting teams.
Leadership
- CEO: Josh Stein
- CTO: Vik Bellapravalu
Product
WiseLayer develops AI-powered digital workers that simplify and automate time-consuming tasks for finance and accounting teams by leveraging advanced integrations and process-specific intelligence.
Key Features
- 300+ Integrations: Seamlessly connects with major ERP, billing, P2P, HRIS platforms, and more, consolidating data for streamlined workflows.
- Automated Processes: Reduces manual effort for tasks such as:
- Accruals
- Revenue recognition
- Financial discrepancy detection
- Specialized AI Workers:
- Angela: Manages accruals and revenue recognition.
- Dennis: Detects financial discrepancies and anomalies.
- Additional agents designed for other finance-specific processes.
About the Company
WiseLayer empowers finance and accounting teams by replacing manual, labor-intensive processes with specialized AI workers, enabling teams to save time, improve accuracy, and focus on higher-value tasks. Its solutions are already trusted by over 100 companies, including mid-sized firms and public companies.
Future Plans
With this funding, WiseLayer aims to expand its suite of digital workers, enhance its platform capabilities, and continue transforming finance and accounting processes for businesses of all sizes.
