AI agents that automate accounts payable and receivable - end to end. Governed by your rules. Auditable at every step.
AUDITORIA.AI - the company's product wheel maps the finance back office it automates: supplier inquiries, invoice coding, collections, remittance and governed autonomy.
Invoicing processed / year
Collections processed / year
Total funding raised
Year founded
Every finance department carries a quiet backlog: invoices to code, statements to reconcile, overdue accounts to chase, vendor emails to answer. It is necessary work, and it is rarely the work anyone was hired to do. Auditoria.AI, a Santa Clara software company founded in 2019, built its business on a straightforward premise - that most of that backlog can be handed to software agents, and that the finance team is better off for it.
Auditoria calls those agents SmartBots, and describes them less as robots than as junior accountants. They plug into a company's systems of record and shared inboxes, read documents, take action, and hand work back to a person when a decision needs human judgment. The pitch is not that AI replaces the finance team. It is that AI absorbs the transactional load so the team can spend its hours on analysis, relationships and the close.
The company automates two of the most labor-intensive corners of corporate finance: procure-to-pay (accounts payable) and order-to-cash (accounts receivable). On the payable side, its software ingests invoices in any format, language or currency, codes them, routes approvals, onboards vendors and answers supplier questions. On the receivable side, it prioritizes collections, sends dunning notices, matches remittances, applies cash and tracks days sales outstanding - the metric that governs how quickly money actually arrives.
Underneath both is a design choice that Auditoria returns to often: everything the agents do is meant to be governed by company policy and logged for audit. In finance, an automation that cannot show its work is a liability. By making auditability a first-class feature rather than an afterthought, the company is aiming squarely at the objection that stops many finance teams from adopting AI in the first place.
Auditoria was founded by Rohit Gupta, a serial entrepreneur with more than two decades in enterprise software, alongside co-founders Adina Simu and Gaurav Bhatia. Gupta's path to finance AI ran through security: he founded the cloud access security company Palerra, sold it to Oracle in 2016, and ran a cloud-security group there before starting Auditoria. Earlier, he helped build identity and access management into a market-leading business at Oracle and led the Remedy IT service management division at BMC Software. That background shows up in the product's emphasis on governance, trust and controls.
The customer is the office of the CFO - controllers, treasury, and the accounts payable and receivable teams that report to them. What is notable is how little those customers have in common with each other beyond the problem. Auditoria's named users span consumer internet and dating (Match Group), collaboration software (Airtable), insurance (Lemonade), casual dining (Denny's), sports commerce (StockX), cybersecurity (Secureworks), nonprofit software (Blackbaud) and higher education (Iowa State University). The through-line is not an industry. It is a department drowning in manual work.
The scale claim behind the business is concrete: Auditoria says its platform processes more than $9 billion in invoicing and $2.4 billion in collections a year for customers. Those are the numbers that turn a productivity story into a cash-flow story - the difference between an invoice sent and money in the account is exactly what its receivables automation is built to compress.
Finance automation is a crowded field. Established players like HighRadius and Billtrust attack receivables; AppZen and Vic.ai work the payable and expense side; BlackLine and Esker sit across the close and order-to-cash. Auditoria's wager is on the agentic framing - discrete, purpose-built bots that don't just flag work but carry it out, communicate with vendors and customers in natural language, and escalate with a recommended action rather than a raw alert. Combined with the governance-first posture and native ties to Workday, Oracle, SAP, NetSuite and Coupa, the company is positioning itself as the layer that sits on top of the ERP rather than another dashboard beside it.
In February 2025 Auditoria closed an oversubscribed $38 million Series B led by Innovius Capital, with Dell Technologies Capital, Sentinel Global and returning investors Venrock, NeoTribe Ventures, Engineering Capital and KPMG Ventures. That brought total funding to roughly $65.5 million. The round followed what the company described as triple-digit growth in 2024 - the kind of trajectory that lets a founder raise from a position of strength rather than need. The capital is earmarked for product development and international expansion.
The larger bet is about timing. Agentic AI - software that takes multi-step action rather than just answering questions - is arriving at the same moment finance leaders are under pressure to do more with flat headcount. The office of the CFO is not where most people expect AI teammates to land first. But it may be where they stick, because finance rewards the three things these systems can be built to deliver: accuracy, consistency and a complete record of what happened.
Purpose-built, pre-packaged applications that act inside a company's finance stack - each targeting a specific slice of AP, AR or analysis.
Autonomous AP: invoice digitization and coding in any format, language or currency, approval automation, vendor onboarding, procurement spend analysis, statement reconciliation and expense accruals. Rated 4.8 on G2.
Collections automation: receivables prioritization, automated dunning, remittance matching, cash application, billing-dispute resolution and DSO tracking - with escalation to humans and recommended next actions.
A natural-language query layer that analyzes financial data across live ERP systems, surfaces payment-behavior insights and flags anomalies - answers instead of another report to build.
The governance and audit layer: policy controls and full audit trails across every agent action, so finance teams can automate without losing the paper trail an auditor expects.
A snapshot of the scale Auditoria reports and where the company sits. Bars are indicative, scaled for comparison.
The office of the CFO across wildly different industries - a sign the pain is a function, not a sector.
| Round | Amount | Date | Lead / Investors |
|---|---|---|---|
| Series B | $38M | Feb 2025 | Innovius Capital (lead), Dell Technologies Capital, Sentinel Global, Venrock, NeoTribe, Engineering Capital, KPMG Ventures |
| Series A | ~$15.5M | 2021 | Venrock, NeoTribe, Engineering Capital, Workday Ventures, KPMG |
| Seed | ~$12M | 2020 | Venrock, NeoTribe, Engineering Capital |
Total raised: ~$65.5M across five rounds. Series A and Seed amounts are approximate.
Rohit Gupta launches the company with co-founders Adina Simu and Gaurav Bhatia to bring AI and automation to ERP finance applications.
Early seed capital and the first SmartCustomer collections automation ship.
Venrock, NeoTribe, Engineering Capital and Workday Ventures back a Series A; SmartVendor expands the platform into accounts payable.
A natural-language analytics layer over live ERP financial data joins the lineup.
The company reports triple-digit revenue growth and adds governance via Guardian.
An oversubscribed round led by Innovius Capital fuels product innovation and global expansion.
Product demos and interviews from Auditoria's own channels.
Product walkthroughs, SmartBot demos and customer stories.
► youtube.com/@auditoriaaiHow the collections and AR helpdesk automation runs.
► auditoria.ai / demo videosIt provides agentic AI agents (SmartBots) that automate accounts payable and accounts receivable workflows for enterprise finance teams - from invoice digitization to collections - integrated with major ERP systems.
Rohit Gupta founded it in 2019 with co-founders Adina Simu and Gaurav Bhatia. Gupta previously founded cloud-security company Palerra and ran cloud security at Oracle after its acquisition.
Roughly $65.5 million total, including an oversubscribed $38 million Series B in February 2025 led by Innovius Capital.
SmartVendor for accounts payable, SmartCustomer for accounts receivable and collections, SmartResearch for natural-language finance analytics, and Guardian for governance and audit.
Named customers include Match Group, Airtable, Lemonade, Denny's, Freshworks, StockX, Blackbaud, Secureworks and Iowa State University. The platform processes over $9 billion in invoicing annually.