Maximor aims to expand its AI finance automation platform to boost efficiency and strategic capacity.
AI-powered finance platform Maximor announced it has raised US$9 million in seed funding to expand its suite of AI agents that automate core finance functions.
The round was led by Foundation Capital with participation from Gaia Ventures and Boldcap, alongside notable angel investors including Aravind Srinivas (CEO of Perplexity), Tien Tzuo (CEO of Zuora), and finance leaders from Ramp.
Maximor’s AI agents plug into ERPs, payroll, billing, and bank systems to handle repetitive accounting work, producing audit-ready outputs by default. Invst, a multi-billion-dollar registered investment advisor, automated reconciliations, allocations, and reporting, unlocking profitability insights that were previously out of reach.
“Finance should be the growth engine of a company, not a cost centre,” said Ramnandan Krishnamurthy, CEO and co-founder of Maximor. “Capital is how decisions are made. Our job is to automate the mechanics and unify the data so finance leaders can spend time guiding the business. We measure success by customer outcomes, not seats purchased.”
Maximor’s proprietary Audit-Ready Agent™ architecture generates workpapers, reviewer notes, and audit trails natively, ensuring automation is compliant, secure, and enterprise-grade. Unlike point solutions that automate fragments of the workflow, Maximor offers a unified platform spanning revenue, cash, close, and reporting.
Ashu Garg, General Partner at Foundation Capital, added: “What attracted us to Maximor is their seamless integration with any ERP system. Instead of chasing features like many ERP startups, Maximor uses AI to tackle real challenges faced by finance leaders at global companies.”
Co-founders Krishnamurthy and Ajay Krishna Amudan, veterans of Microsoft’s digital transformation group, built Maximor after years of seeing critical workflows forced back into spreadsheets despite millions invested in ERP systems. Their platform reflects a design philosophy of “Design for Progress”, delivering outcome-assured automation tailored to each organisation’s finance operations style.
With accountants retiring in record numbers and fewer graduates entering the field, Maximor aims to be the always-on, audit-ready AI-powered finance partner for mid-market and enterprise companies.
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