Summer 2026
Posted on 6/26/2026
AI-driven accounting platform automates month-end close
No salary listed
San Mateo, CA, USA
In Person
Maxima provides an AI-driven accounting platform that automates time-consuming finance tasks such as month-end close, reconciliations, journal entries, and ledger operations, while sitting on top of existing ERP systems. It uses autonomous AI agents that work within a unified control center to independently prepare journal entries, perform reconciliations, run analyses, match transactions, and apply accounting policies, delivering pre-prepared, audit-ready data for review. Unlike replacing ERP systems, Maxima integrates with current data infrastructure and emphasizes end-to-end record-to-report with strong audit trails. Its goal is to speed and scale corporate accounting while preserving accuracy and governance, so finance teams can shift focus from routine bookkeeping to analysis, strategy, and financial insights.
Company Size
51-200
Company Stage
Series A
Total Funding
$41M
Headquarters
San Mateo, California
Founded
2024
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Company Equity
Maxima, an AI startup targeting back-office accounting, has raised $41 million from Redpoint Ventures and Kleiner Perkins, valuing the one-year-old San Mateo company at $143 million. The firm aims to automate accounting tasks traditionally dominated by legacy systems like SAP. CEO Yogi Goel, drawing on two decades of auditing and finance experience, explained that accounting's primary challenge is fragmented data across multiple systems, requiring repetitive manual tasks. Maxima deploys auditable AI agents to automate these processes whilst maintaining 100% accuracy through human review. The company plans to use the funding to enhance product development and expand its 31-person team. Maxima's goal is to enable real-time accounting, allowing CFOs to make swift decisions in volatile economic conditions whilst freeing finance teams to focus on strategic initiatives.