Vic.ai: Raises $50M in Series B Funding

Vic.ai Raises $50M in Series B Funding

• Vic.ai, a New York City- and Oslo, Norway-based AI platform for autonomous accounting and financial intelligence, raised $50M in Series B funding
• The round, which brought total capital raised to date to $63m, was led by by ICONIQ Growth with participation from existing investors
• In conjunction with the funding, Will Griffith, founding partner at ICONIQ Growth, joined company.ai’s board
• The company intends to use the funds to expand its enterprise offering and release additional AI capabilities for U.S. and European customers
• The company provides an AI platform for autonomous accounting and financial intelligence, which adds artificial intelligence, computer vision
• Over the past year, the company released two new products, Autopilot and Autonomous Approval Flows, which provide the foundation for autonomous accounting