If you happen to be walking through Times Square this week, go see if you can spot the Materia team! Thanks to the Brex team (Erica Wenger 🏕️) for providing the billboard time as part of their #bigapplebuilders program.
Materia AI
Technology, Information and Internet
New York, NY 573 followers
The AI Co-pilot for Audit & Accounting Firms
About us
Materia is the first comprehensive generative AI platform for public accounting firms. Materia helps firms increase efficiency, improve quality, and supercharge staff productivity across all levels.
- Website
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https://www.trymateria.ai/
External link for Materia AI
- Industry
- Technology, Information and Internet
- Company size
- 2-10 employees
- Headquarters
- New York, NY
- Type
- Privately Held
Locations
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Primary
New York, NY, US
Employees at Materia AI
Updates
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Choosing the right solution is crucial in a crowded AI landscape, especially for accounting firms, where accuracy and compliance are non-negotiable. While ChatGPT and Microsoft Copilot offer versatility and productivity, Materia is purpose-built for accounting professionals. Materia enhances accuracy and efficiency with advanced document processing and seamless integrations to domain specific sources & software. https://lnkd.in/eHj3k5J3
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Materia is SOC2 Type-II compliant. To ensure top-tier data security for all our users, we want to underscore our commitment to maintaining the highest security, availability, and confidentiality standards. Read the post below to learn about the importance of this milestone, and then dive into our trust portal for more details on our security practices: https://lnkd.in/gDA_tkqi
Trust & Safety: Materia is SOC 2 Type II certified
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The Big Four accounting firms have been at the forefront of integrating generative AI in their practices, with each firm announcing multi-billion dollar investments into AI. For large mid-market firms without the same scale of in-house technology organizations, Materia can help navigate the fast moving generative AI landscape, and bring the same cutting edge tools to your teams. Read more about what the Big4 have been up to here: https://lnkd.in/e79jTCBK
Generative AI In Public Accounting: How the Big 4 Are Shaping the Future of Mid-Market Accounting
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Today we’re excited to to share Materia's role as a launch partner for Suralink's newly released Open Platform. This integration allows firms to take advantage of Materia's intelligent search capabilities across and within engagement files, and to automatically route documents from Suralink to Materia for structured analyses & audit program automation. Evan Fitzpatrick, CEO of Suralink, said, “Firms have long needed a way to ensure their best-in-class applications can work together to de-silo information and create efficiencies. We are now creating an integration platform that can deliver on those needs and facilitate deep integrations. We’re incredibly excited to partner with other forward-thinking software providers to bring this vision to life.” We agree with Evan's vision for an open data strategy across the profession -- so stay tuned as we continue to enhance our integration offerings! Discover how this partnership can elevate your firm: https://lnkd.in/ezVrYKgg
Boosting Accounting Efficiency
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Generative AI is transforming accounting, and Andreessen Horowitz agrees. Tasks like data collection, data validation, and reporting are becoming more efficient every day. We're leading the way to bring domain-specialized agent driven workflows to the accounting profession. Read more: https://lnkd.in/dr6mM74N
New post from Marc Andrusko and I on Accounting x AI. Accounting is filled with manual, tedious workflows - a lot of time is spent on data entry, reconciliation, research, and report generation. This is true across bookkeeping, accounting, tax preparation, and auditing. Add to that 75% of CPAs retiring in the next decade and fewer entering the profession. Given this backdrop, AI has the potential to be a powerful tool for accounting. Read more below! https://lnkd.in/gzQnz3x5
Death, Taxes, and AI: How Generative AI Will Change Accounting | Andreessen Horowitz
a16z.com
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We are excited to officially emerge from stealth today and announce our $6.3M round led by Spark Capital, with participation from Exponent Founders Capital, Haystack, Thomson Reuters Ventures, and the Allen Institute for AI (AI2). We have been working for over a year to build and iterate on Materia with firms across the top 100 up to the top 15. We have been energized by the unanimously positive reception from users, and we are even more excited by what is coming soon as a result of the compounding investments in our core platform. If you're an accounting firm looking to supercharge your team with generative AI, we'd love to hear from you. Visit our website at trymateria.ai to learn more. Check out the story in TechCrunch here: https://lnkd.in/enneUrfw
Materia looks to make accountants more efficient with AI | TechCrunch
https://techcrunch.com
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Materia AI reposted this
Super cool to see Materia featured in BCV's top 50 emerging Vertical SaaS Startups. This, along with being 1 of 7 startups in the AICPA Accelerator Cohort (link in comments) has me feeling proud to be part of a team with an insanely strong talent density.
These Are 2024’s Top 50 Vertical SaaS Startups
baincapitalventures.com
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The Materia team and I are at the AICPA Engage conference in Beautiful Las Vegas! If you want to see some of the cool GenAI x Accounting stuff we're working on, stop by Booth 1208. But more importantly, let's catch up! https://www.trymateria.ai/ #Engage2024 AICPA
Generative AI engineered for smarter audit and accounting
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🚀 Exciting news! 🚀 We're thrilled to announce that we now have $200 million in *free* compute for AI startups—up to $1 million per team! Let’s invent the future together. #AI #Startup #Innovation #Funding Read more about it in Techcrunch (https://lnkd.in/gkBR4ckk) and Geekwire (https://lnkd.in/eNSNW74x).