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Vic.ai

Vic.ai

Vic.ai is an artificial intelligence company founded by Rune Løyning, Alexander Hagerup and Kristoffer Roil.

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Vic.ai is a New York based artificial intelligence company that develops AI powered financial and accounting systems. Vic.ai's system, developed to assist accounting departments, automates daily accounting routines and provides data based accounting advice to client companies. The company describes its systems as an "AI Accountant". The company also has offices in Oslo, which houses its engineering and development team, and South Florida.

The company has created a proprietary language independent document interpretation technology that utilizes computer vision and image classification. Their systems can automate bookkeeping through algorithms supported by machine learning. Their systems have trained on over one-hundred million real accounting transactions.

History

The company was co-founded in 2016 by Rune Løyning, Alexander Hagerup, and Kristoffer Roil. In 2019, Vic.ai announced that it has secured $11.2 million in Series A funding. It's Series A investors included Cowboy Ventures and Connectivity Ventures Fund.

Timeline

Funding Rounds

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Products

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Acquisitions

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SBIR/STTR Awards

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Patents

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Further Resources

Title
Author
Link
Type
Date

Autonomous Accounting Free E-guide Download

https://content.vic.ai/autonomous-accounting-eguide-lp

Web

References

vic.ai
Is a
Organization
Organization
Company
Company

Company attributes

Industry
‌
Autonomous finance
Accounting
Accounting
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Finance
Finance
Technology
Technology
Financial technology
Financial technology
Location
Oslo
Oslo
New York City
New York City
Florida
Florida
B2X
B2B
B2B
CEO
Alexander Hagerup
Alexander Hagerup
Founder
Rune Løyning
Rune Løyning
Alexander Hagerup
Alexander Hagerup
Kristoffer Roil
Kristoffer Roil
Full Address
228 Park Avenue S, New York, NY 10003
Investors
Cowboy Ventures
Cowboy Ventures
Costanoa Venture Capital
Costanoa Venture Capital
ICONIQ Capital
ICONIQ Capital
Planet 9 Capital
Planet 9 Capital
GGV Capital
GGV Capital
Connectivity Capital Partners
Connectivity Capital Partners
-1
Connectivity Ventures Fund
Connectivity Ventures Fund
Founded Date
2016
Total Funding Amount (USD)
50,000,000
Latest Funding Round Date
September 1, 2021
Latest Funding Type
Series B round
Series B round
Wellfound ID
vic-ai

Other attributes

Company Operating Status
Active

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