Maximor Raises $9 Million Dollars for AI in Finance

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Finance teams using Maximor report ~40% more capacity for strategic work, faster closes, and cleaner audits.

Money is the language of decision-making in a business but most finance teams spend their days moving numbers between systems rather than steering decisions. Maximor is changing that. The company announced a $9m funding round to expand its AI-native finance automation platform powered by its proprietary Audit-Ready Agent architecture that unifies disconnected financial and operational data, automates the bulk of accounting work, and delivers audit-ready outcomes so finance teams can lead with insight instead of spreadsheets.

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The seed round was led by Foundation Capital with participation from Gaia Ventures (founded by SAP’s ex-Chief Strategy Officer) and Boldcap. It included notable angels: Aravind Srinivas (Perplexity CEO), Tien Tzuo (Zuora CEO), and CFO/finance leaders from Ramp, Gusto, Opendoor, MongoDB, and the Big Four.

Finance leaders face a paradox: they’re expected to guide business decisions with confidence while their teams are buried in manual reconciliations and fragmented systems. The profession is also at a breaking point three-quarters of accountants are expected to retire by 2030, while fewer graduates enter the field. Teams are left stretched thin, risking errors, compliance gaps, and missed opportunities for insight.

Across its customer base, Maximor has delivered three strategic outcomes:

  1. ~40% more team capacity, freeing finance staff to focus on strategy, not mechanics
  2. Cleaner audits and streamlined closes, reducing compliance and valuation risk
  3. Unified, cross-silo visibility across existing finance & operational systems – so finance leaders can make faster, better-informed decisions with AI’s reasoning capabilities

Proof in action:

  • Proptech business Rently, with global operations across three countries, cut its month-end close from 8 days to 4 within the first month of using Maximor, while avoiding two incremental accounting hires for repetitive work. 
  • Multi-billion-dollar AUM registered investment advisor business Invst was able to automate reconciliations, allocations, and reporting, unlocking advisor-level profitability insights that were previously impractical.

Maximor is not another point solution. It is a financial command center that connects both financial and operational systems ERPs like NetSuite and Intacct, banks, payroll, CRMs, and SaaS data into a single reconciled source of truth. 

On this unified data foundation, Maximor deploys specialized finance agents across revenue, cash, close, and reporting. Powered by its proprietary Audit-Ready Agent architecture, these agents generate workpapers, reviewer notes, and audit trails by default. The result: automation that is natively explainable, compliant, secure and enterprise-grade tailored to the exacting needs of the CFO’s office.

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“Finance should be the growth engine of a company, not a cost center,” said Ramnandan Krishnamurthy, CEO and co-founder of Maximor. “Capital is how decisions are made. Our job is to automate the mechanics and unify the data so finance leaders can spend time guiding the business. We measure success by customer outcomes, not seats purchased.”

Co-founders Ramnandan Krishnamurthy and Ajay Krishna Amudan saw the problem firsthand while leading Microsoft’s digital transformation group and working with global corporate finance teams: despite millions poured into ERPs and accounting tools, technical limitations forced critical workflows back into spreadsheets—creating endless manual work, slow closes, and costly errors.

“What attracted us to Maximor is their seamless integration to any ERP system. Instead of chasing features like many ERP startups, Maximor uses AI to tackle real challenges faced by finance leaders at global companies,” said Ashu Garg, General Partner at Foundation Capital. “Unlike solutions with disconnected AI tools, Maximor has built a unified platform where specialized AI agents work together seamlessly. For mid-market and enterprise finance teams, it bridges the gap between their current systems and advanced AI, enabling meaningful transformation without disruption.”

“Finance should be a growth catalyst, not a bottleneck. With Maximor, our team delivers reliable, audit-ready outputs efficiently while freeing up nearly 50% of our capacity for strategic work. I’m excited about the doors this opens for our business—and energized to partner with a team that’s both world-class and customer-focused.” said Dustin Neal, CFO at Rently (Maximor customer).

Maximor’s design philosophy, “Design for Progress” reflects its commitment to helping finance leaders build financially progressive companies: outcome-assured automation adapted to each organization’s finance ops style, not a one-size-fits-all template.

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Over the last two decades, financial software has over-promised and under-delivered, fragmenting workflows across point tools with no intelligence baked in. Unlike point tools that automate fragments, Maximor is the only platform built to automate finance processes end-to-end “cradle to grave”—with enterprise-grade control. It uniquely combines a unified finance context layer with a specialized system of agents, powered by its  Audit-Ready Agent architecture – delivering CFOs automation with evidence, not just speed.

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

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