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[Funding News] NYC-based Supervizor Secures $22Million in Funding

Supervizor, a company that offers finance teams a plug-and-play quality assurance platform, has raised $22 million in capital. Orange Ventures led the round, and Wille Finance, La Maison Partners, Adelie Capital, New Alpha Asset Management, and ISAI also participated.

Supervizor, a company that offers finance teams a plug-and-play quality assurance platform, has raised $22 million in capital. Orange Ventures led the round, and Wille Finance, La Maison Partners, Adelie Capital, New Alpha Asset Management, and ISAI also participated.

The money will be used by the business to support global go-to-market operations and further innovation of its audit analytics platform.

Supervizor, which was founded by Alban Clot, analyses all financial activities against more than 350 controls to assist teams in creating error-proof financial statements that guarantee financial standards. With its help, teams in charge of finance, accounting, and compliance can keep an unrealized-to-date level of financial quality assurance by using it to continuously monitor transactions, identify various irregularities, and stop fraudulent activity.

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It bases its AI-based algorithms on a single accounting model that incorporates all ERP transactions and data from other sources. For financial quality assurance, it’s used by Lacoste, IKEA, Michelin, and other companies.

About Supervizor

Supervizor’s goal is to automate financial anomaly identification so that companies may better foster trust. Supervizor is the industry-leading solution for complete, automatic, and ongoing fraud and error monitoring. Bid adieu to ineffective sampling and manual controls.

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