WiseLayer, a New York-based AI fintech company that creates AI-powered digital workers for finance and accounting teams, has raised $7.2 million in seed funding.
Investors
The round was led by Canaan Partners, with participation from K5 Global, The Fintech Fund, Unpopular Ventures, and a group of industry angels.
Canaan Partners is an early-stage venture capital firm that invests in entrepreneurs with visionary ideas. Founded in 1987, Canaan Partners primarily invests in early-stage companies in the technology, healthcare, and fintech sectors, focusing on supporting startups with strong potential for growth and innovation.
WiseLayer Use of Funds
The funding will fuel the company’s growth and accelerate the development of its AI-powered digital workers.
About WiseLayer
Founded in 2022, WiseLayer develops AI-powered digital workers designed to automate complex financial and accounting tasks. Their tools integrate with over 300 major software tools (ERPs, billing systems, HRIS, etc.) to streamline operations. WiseLayer's AI agents include Angela for accruals and revenue recognition and Dennis for discrepancies and financial anomalies. Headquartered in New York City, the company serves finance and accounting teams across various industries.
Funding Details
Company: WiseLayer
Raised: $7.2M
Round: Seed Round
Funding Date: January 2025
Lead Investor: Canaan Partners
Additional Investors: K5 Global, The Fintech Fund, Unpopular Ventures
Company Website: https://www.wiselayer.com/
Software Category: Financial Management
Source: https://www.prnewswire.com/news-releases/wiselayer-secures-7-2-million-to-power-ai-workers-for-finance--accounting-teams-302361328.html