New York City based autonomous accounting and analysis platform raised $52m in Series C fundind co-led by GGV Capital and ICONIQ Growth.
“In this next stage of growth, Vic.ai will capitalize on the market’s urgent need to automate other elements of finance by expanding its AI solution to manage and analyze all these tasks,” Hagerup told TechCrunch in an email interview. “‘AI’ has been a hot concept for many years, but large enterprises are just now getting to the point where they’re ready to adopt at scale, and they’re doing so with a focus on specific functions such as accounting and finance.”