Vic.ai

About

Vic.ai is an AI platform for accounting firms and enterprise finance departments.

New York,New York,United States
101 - 250
https://www.vic.ai

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $52M
Industries: Accounting,Artificial Intelligence,Financial Services,FinTech
Founded date: Jan 1, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: XFO Financials Inc.

Vic.ai is pioneering the use of autonomy and intelligence to digitally transform accounting and finance processes to improve productivity, decision-making and ROI. The company's global customers include accounting firms, enterprise, and mid-market finance teams seeking to embrace automation and AI to improve financial performance. Vic.ai is addressing the most manual and inefficient task in accounting – invoice processing – to improve its speed and scalability, and ultimately enable customers to reinvent their accounts payable operations.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$114.70M

Vic.ai has raised a total of $114.70M in funding over 2 rounds. Their latest funding was raised on Dec 13, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 13, 2022	Series C	$52M	4	GGV Capital ICONIQ Growth	—	Detail
Sep 1, 2021	Series B	$50M	4	ICONIQ Capital	—	Detail
Sep 8, 2019	Series A	$11.20M	3	GGV Capital	—	Detail
Aug 1, 2017	Seed	$1.50M	4	Cowboy Ventures	—	Detail
Apr 15, 2017	Convertable Note	—	2	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

10

Vic.ai is funded by 10 investors. GGV Capital and ICONIQ Growth are the most recent investors.

Investor Name	Lead Investor	Funding Round
GGV Capital	Yes	Series C
ICONIQ Growth	Yes	Series C
ICONIQ Capital	Yes	Series B
Costanoa Ventures	—	Series C
Cowboy Ventures	—	Series C
Axan Ventures	—	Seed
Connectivity Ventures Fund	—	Seed
Planet 9 Capital	—	Seed
Jason Stockwood	—	Convertable Note
John Shaw	—	Convertable Note