Finance teams spend too much time wrestling spreadsheets and shuffling data—leaving little room for strategic decision-making. Maximor, a finance automation startup, aims to flip that equation. The company just announced a $9 million seed round to expand its AI-powered platform, which integrates with ERPs, payroll, billing, and banking systems to automate repetitive accounting tasks while producing audit-ready outputs by default.

The round was led by Foundation Capital, with participation from Gaia Ventures and Boldcap. High-profile angels include Aravind Srinivas (Perplexity), Tien Tzuo (Zuora), and CFOs from Ramp, Gusto, Opendoor, MongoDB, and Big Four firms.

Turning Finance from Cost Center to Growth Engine
The challenge is clear: finance leaders are expected to steer company strategy, yet their teams remain buried in reconciliations, month-end closes, and fragmented systems. Add a looming talent shortage—three-quarters of accountants are projected to retire by 2030—and companies face both operational risk and slower audits.

Maximor’s solution delivers measurable outcomes:

• ~40% more team capacity, freeing staff for strategy instead of manual mechanics
• Cleaner audits and streamlined closes, reducing compliance and valuation risk
• Unified visibility across finance and operational systems, enabling faster, AI-informed decisions

For example, proptech firm Rently cut its month-end close from eight days to four within a month, avoiding two additional hires. Meanwhile, a multi-billion-dollar registered investment advisor firm, Invst, automated reconciliations and reporting, unlocking insights into advisor-level profitability previously out of reach.

A Unified Financial Command Center
Unlike fragmented point solutions, Maximor creates a single reconciled source of truth by connecting ERPs (NetSuite, Intacct), banks, payroll systems, CRMs, and SaaS data. On this foundation, specialized AI agents—powered by the Audit-Ready Agent™ architecture—automate revenue, cash, close, and reporting workflows, generating workpapers, reviewer notes, and audit trails by default.

CEO Ramnandan Krishnamurthy emphasizes, “Finance should be the growth engine of a company, not a cost center. Our job is to automate the mechanics and unify the data so finance leaders can spend time guiding the business.”

Why Investors Are Paying Attention
Foundation Capital’s Ashu Garg notes, “Maximor uses AI to tackle real challenges faced by finance leaders at global companies. Unlike solutions with disconnected tools, Maximor’s unified agents bridge the gap between current systems and advanced AI, enabling meaningful transformation without disruption.”

A Platform Built for Outcomes
Maximor’s philosophy, “Design for Progress,” prioritizes automation tailored to each organization’s finance operations style. Over two decades, finance software has over-promised and under-delivered, leaving teams with fragmented workflows. Maximor is the first platform built to automate finance processes end-to-end while delivering enterprise-grade control and audit-ready evidence—not just speed.

Looking ahead, Maximor is expanding in three directions:

1. Broader automation across repetitive accounting flows
2. Vertical-specific modules for sectors with urgent automation needs
3. Strategic finance insights enabling proactive scenario planning and decision support

The vision: an always-on, audit-ready AI-powered finance team for every mid-market and enterprise company.