Trullion Overview
Trullion is an AI-powered accounting platform that automates financial workflows for accounting and audit teams. For accountants, Trullion ingests source data and automats the creation of financial entries for compliance. For auditors, Trullion ingests financial reports and automats audit testing workflows to ensure accuracy and compliance. By empowering both accounting and audit teams, we’re leveraging AI to unlock a new level of transparency in the financial world.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Maron brings over 15 years of experience in managing development teams and scaling technology systems.
Trullion, an AI-powered platform focused on automating financial workflows, has appointed Shai Maron as the Senior Vice President of Research & Development. Maron, with over 15 years of experience in technology management, will lead the companys R&D direction and product expansion. His previous roles include VP of R&D at Waycare and SVP & GM at Rekors Israeli development center. Trullions platform aids accounting and audit teams by automating financial entries and audit testing workflows, ensuring accuracy and compliance. This strategic appointment is expected to bolster Trullions growth and innovation in the financial technology sector.
Management Changes
Growth-Positive
Most promising Israeli startups: 5 enterprise software companies to watch in 2024 | CTech
Five Israeli enterprise software startups, Trullion, Frontegg, Volumez, Bridgewise, and Port, have been highlighted for their growth and potential. Trullion, which provides automation solutions for accounting, has seen significant growth, with an annual revenue rate of over $10 million. Frontegg, founded by former Check Point employees, offers a platform that simplifies the management of customer identities and user access. Volumez is a cloud data orchestration SaaS that accelerates digital transformation. Bridgewise provides AI-driven investment analysis for financial institutions and has operations in over 15 countries. Port offers a developer portal that simplifies routine developer and DevOps tasks.
InvestmentCustomersPartners
growth-positive
How is Trullion taking accounting into the age of AI? | CTech
Trullion, a startup that offers automation solutions for corporate controllers and auditors, is set to revolutionize the accounting sector with its AI technology. Co-Founder and CTO Amir Boldo believes that the role of accountants, which is based on rules, can be automated better by a computer. The company, which was established in 2019 with $35 million in funding, was ranked second on Israel’s ‘Most Promising Startups of 2024’ list. Boldo acknowledges that while there is some fear of new technology in the conservative accounting market, there is also an understanding that they must become more efficient.
Investment
growth-positive
Trullion raises an additional $15 million to expand AI-powered accounting platform | CTech
Trullion, an Israeli startup that develops corporate accounting software, has raised an additional $15 million in its Series A funding round. The funding was led by Stepstone Group and included participation from existing investors Aleph, Third Point Ventures, and Greycroft. Trullions AI-powered accounting platform automates financial workflows for CFOs, accountants, and auditors. The company plans to use the funding to accelerate the growth of its AI-based applications and develop two new modules supporting audit and revenue recognition. Trullions current annual revenue is estimated at $10 million, and it intends to expand its team after already doubling its size to 60 employees over the past year.
InvestmentExpand
growth-positive
Trullion secures $15 million Series A for AI-accounting platform
Israeli startup Trullion has closed $15 million in Series A funding for its financial automation platform. The platform uses AI to extract data from source documents and automate workflows for accounting teams. The funding will be used to hire across various roles and accelerate product development. Trullion works with major accounting firms and supports both US GAAP and IFRS. The company aims to set new standards for the accounting and finance industry.
InvestmentExpand
| Sector | Business Software |
Funding
| Total funding | $33.5M |
| Last funding | $15M |
| Stage | A |
| Rounds | 3 |
| Investors | 9 |
Team Members
2
Employees: 51-200
Web & Social Links
| Website | trullion.com |
| Careers | Careers page |
Locations
Ben Avigdor St 19, Tel Aviv-Yafo, Israel
154 W 14th St, New York, NY 10011, USA
Photos & Videos
1 item(s)
