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Vic.ai provides a cloud-based AI platform that automates accounts payable (AP) processes, handling supplier invoices, data matching, and anomaly detection to speed payments and reduce errors. It integrates with ERP and AP workflows to progressively run autonomously with less human intervention. Its strength comes from training on hundreds of millions of financial transactions and continuous learning to improve accuracy, fraud prevention, and cost efficiency. The goal is to make finance departments more productive and scalable, enabling self-running AP across multiple industries.
Industries
Data & Analytics
Enterprise Software
Fintech
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$114.7M
Headquarters
Bærum, Norway
Founded
2016
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Total Funding
$114.7M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Health Insurance
Vision Insurance
Dental Insurance
Wellness Program
Parental Leave
Remote Work Options
Home Office Stipend
Paid Vacation
Stock Options
401K Company Match
Hybrid Work Options
Flexible Work Hours
Vic.ai, a startup aiming to disrupt accounting with AI and machine learning, raised $11.2 million in its Series A funding round in 2019. The New York-based company automates accounting tasks and has clients like PwC and Nomad Financial. Founded in 2016, Vic.ai has raised a total of $12.7 million, with investors including GGV Capital, Cowboy Ventures, and Costanoa Ventures. The company shared a redacted version of its 12-page pitch deck with Business Insider.
We're excited to welcome Vic.ai as a Gold Sponsor for the Accounts Payable Leadership Conference in Miami on September 10th, 2025.
At the recent Institute of Financial Operations and Leadership (IFOL) Digital Summit, Vic.ai joined a panel of forward-thinking finance leaders to explore how AI-powered automation is transforming finance operations - and what that means for the future of AP.
Virtual Event to Deliver Key Insights for Finance Professionals on Managing Governance and Adapting the Workforce to Utilize AI in the Finance FunctionMORRISTOWN, N.J., March 31, 2025 /PRNewswire/ -- Financial Executives International (FEI), the association of choice for finance leaders, today announced the agenda for the AI in Finance and Accounting Conference. The event will be hosted virtually on April 9 and 10, delivering insights, strategies, and cutting-edge knowledge for finance professionals navigating the AI revolution. Attendees are eligible to receive up to 13 CPE credits.The esteemed panels of industry experts and thought leaders will delve into the transformative impact of AI on financial accounting governance, sharing real-world case studies, strategic insights, and invaluable experiences that will propel your organization into the future of finance driven by AI. Main topics of discussion include:Understanding AI Governance and MasteryExplore the frameworks and best practices for implementing robust AI governance in financial operations, ensuring compliance, transparency, and ethical standards.Workforce Evolution and Adaptation StrategiesDiscuss effective approaches to reskilling, upskilling, and futureproofing finance and accounting professionals to thrive in an AI-augmented environment, focusing on continuous learning and development."AI is at the forefront of technology advancements, and finance professionals are eager to learn how to incorporate this technology into the finance function in a safe way," said Andrej Suskavcevic, CAE, President and CEO of Financial Executives International and Financial Education & Research Foundation. "The AI in Finance and Accounting Conference has been strategically designed to help those in the finance function learn from leading corporations about how their organizations are incorporating AI and how to set governance standards within your organization."Interactive Learning ExperienceThis isn't your typical sit-and-listen conference. Engage in dynamic panel discussions, participate in Q&A sessions, and delve into the ethical, regulatory, and human dimensions of AI in finance
Vic.ai, a software company specialising in AI-driven accounting automation, has announced its fourth quarter (Q4) product launch, introducing VicInbox and VicCard to transform the Accounts Payable (AP) landscape.
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Industries
Data & Analytics
Enterprise Software
Fintech
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$114.7M
Headquarters
Bærum, Norway
Founded
2016
Find jobs on Simplify and start your career today