Emerging from stealth mode, Materia collaborates with top national firms to address the US accountant shortage and technology gap in the industry. The platform’s AI capabilities automate routine tasks, enhancing productivity and allowing professionals to focus on higher-value work.
Founders
Kevin Merlini, Lucas Adams
Company Description
Materia, a generative AI platform tailored for public accounting firms, has launched from its New York headquarters with over $6.3 million in funding. The investment round was led by Spark Capital and included contributions from Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI.
Market
Accounting
Location
New York,
New York,
US
Coinvestors
Spark Capital, Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, Allen Institute for AI