In a prepared statement, Vic.ai said the money would be used “to spur adoption of its pioneering AI platform for real-time, autonomous accounting and financial intelligence”. That includes expanding its enterprise offerings and introducing for capabilities in the Unted States and Europe.

Accounting firms pay $1,490 per month for the Accounting Platform Package, which includes AI models for all clients, unlimited users, autonomous approval flows, the Vic.ai Autopilot and Vic.ai Inbox for each client. Other features included unlimited data storage and analytics dashboard with processing and usage insights. White label capabilities are available, and the products support the iOS and Android platform

Client transaction prices are extra and based on usage across all clients.