Fieldguide

Fieldguide

AI platform for audit and advisory services

About Fieldguide

Simplify's Rating
Why Fieldguide is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Fintech

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$45.9M

Headquarters

San Francisco, California

Founded

2020

Overview

Fieldguide provides a platform that enhances the audit and advisory processes for businesses in the financial technology sector. Its main product, the AI Advisory & Audit Cloud, uses artificial intelligence to streamline tasks, making them faster and more efficient. This platform is designed for large advisory and audit firms, helping them manage various regulatory frameworks like SOX and HIPAA. Fieldguide stands out from competitors by offering a subscription-based service that includes features such as engagement management, workpaper management, automated request management, and collaborative report generation. The goal of Fieldguide is to improve client satisfaction and increase the profitability of firms by providing a modern and efficient auditing experience.

YC Company
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Funded Recently
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Simplify's Take

What believers are saying

  • Fieldguide's AI platform addresses the CPA talent shortage, increasing demand for its services.
  • The launch of Fieldguide Insights capitalizes on data-driven decision-making trends in CPA firms.
  • Strategic partnership with Allinial Global enhances market reach and credibility.

What critics are saying

  • Increased competition from other AI-driven audit platforms could erode market share.
  • Rapid AI technology development may lead to obsolescence if Fieldguide doesn't innovate.
  • Reliance on venture capital funding poses a risk if future rounds are unsuccessful.

What makes Fieldguide unique

  • Fieldguide offers the only end-to-end AI platform for audit and advisory services.
  • The platform supports multiple regulatory frameworks, enhancing its versatility for firms.
  • Fieldguide's AI Advisory & Audit Cloud improves efficiency and client satisfaction.

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Funding

Total Funding

$45.9M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Fieldguide
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Unlimited Paid Time Off

401(k) Retirement Plan

Wellness Program

Home Office Stipend

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 2%

2 year growth

↓ -5%
GlobeNewswire
Jun 4th, 2024
Fieldguide Extends Its Revolutionary AI Platform to Financial Audits: Transforming the Audit Process with End-to-End Intelligence, Efficiency, and Accuracy

SAN FRANCISCO, June 04, 2024 (GLOBE NEWSWIRE) - Fieldguide, the first and only provider of end-to-end AI software for audit and advisory services, is proud to announce the launch of Fieldguide for Financial Audit, a groundbreaking AI-powered platform designed to drive efficiency across the entire audit lifecycle.

TradingView
Apr 30th, 2024
Fieldguide Launches End-to-End Analytics Solution 'Fieldguide Insights' To Accelerate CPA Firm Decision-Making

SAN FRANCISCO, April 30, 2024 (GLOBE NEWSWIRE) - Fieldguide, the only AI platform for advisory and audit services, today announced Fieldguide Insights, the first end-to-end analytics offering for CPA and consulting firm leaders, improving engagement efficiency, resource utilization, and client relations.

Fieldguide
Mar 27th, 2024
Jin Chang, CEO and cofounder of Fieldguide, on $30M Series B Funding - Blog - Fieldguide

Jin Chang comments about Fieldguide's recent $30M Series B Funding

PYMNTS
Mar 26th, 2024
Fieldguide Raises $30 Million To Combat Cpa Shortage With Ai

Artificial intelligence (AI) startup Fieldguide has raised $30 million for its accounting industry offering. The Series B funding round, announced Tuesday (March 26), will let the company launch new AI capabilities, expand its market reach, and add to its team as it tries to alleviate what it says is a talent shortage in the certified public accountant (CPA) field. “Paired with the CPA profession’s profound talent shortage is a surge in demand for advisory and audit services, setting the stage for a perfect storm,” Fieldguide CEO Jin Chang wrote in a company blog post. “Faced with this challenging climate of limited human capacity, audit and advisory firms are turning to technology solutions to bridge the growing capacity crunch.”

GlobeNewswire
Mar 26th, 2024
Fieldguide Raises $30M Series B, Launches AI Platform to Solve CPA Talent Shortage

SAN FRANCISCO, March 26, 2024 (GLOBE NEWSWIRE) - Fieldguide, the leading AI platform for advisory and audit services, announced today a $30 million Series B funding round led by Bessemer Venture Partners, the venture firm behind vertical SaaS and AI companies, such as EvenUp, Procore, ServiceTitan and Shopify.

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