Trullion, a New York-based provider of corporate accounting software, raised additional $15M in funding completing a $30m financing.
The financing included $15m from its initial Series A round led by Third Point ventures, and an additional $15m, led by Stepstone Group, with full participation from its existing investors Aleph, Third Point ventures and Greycroft.
The company intends to use the funds to accelerate the growth of its artificial intelligence (AI)-based applications, and to develop two new modules supporting audit and revenue recognition.
Led by CEO Isaac Heller, Trullion leverages artificial intelligence and machine learning to automate accounting and compliance workflows, such as Lease Accounting, Revenue Recognition and Audit automation tools. The company’s AI-powered accounting platform connects corporate controllers, CFOs, and external auditors on one platform, providing a single source of truth for financial leaders.
Established in 2019, the company is headquartered in New York, NY with offices in Tel Aviv.
FinSMEs
19/04/2023