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Materia AI provides generative AI tools for accounting firms and professionals.
Materia AI offers an AI platform for accounting professionals that processes documents, standardizes workflows and connects firm knowledge. Its features include automated insights, Microsoft 365 integration, bulk processing and API access. Founded in 2022, the company is based in Brooklyn, US. In June 2024, it raised USD 6.3 million in venture funding led by Spark Capital, with participation from Haystack, Thomson Reuters Ventures, Exponential Founders Capital and Allen Institute for Artificial Intelligence.
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