AI accounting startup Maxima raises $41 M to build enterprise automation stack

Maxima secured $41 M to build AI-based accounting tools aimed at replacing legacy finance systems.

Live Market Updates

Latest Financial News

positive

AI accounting startup Maxima raises $41 M to build enterprise automation stack

AI accounting startup Maxima raises $41 M to build enterprise automation stack
Maxima, a one-year-old San Mateo startup, closed a $41 million funding round led by Kleiner Perkins and Redpoint Ventures to advance its AI-first accounting platform. The company claims zero-error processing of millions of transactions for customers such as Scale AI, Rippling and SpotOn, and aims to replace legacy tools from SAP and Blackline with agent-based automation. 

Companies:
  • Maxima
  • Kleiner Perkins
  • Redpoint Ventures
  • Scale AI
  • Rippling
  • SpotOn
Tags:
  • AI
  • startup