For five decades, Kleiner Perkins has made history by partnering with some of the most ingenious and forward-thinking founders in technology and life sciences. Through twenty venture funds and four growth funds we’ve invested $10 billion in hundreds of companies including pioneers such as Amazon, Genentech, and Google. Today, Kleiner Perkins continues to help founders and their bold ideas make history investing in companies like Desktop Metal, IronNet, Ring, Spotify, Slack, and UiPath.
For more information, visit http://www.kleinerperkins.com and follow us @kleinerperkins.
Today, Harvey is thrilled to share that Walmart is now a Harvey customer. The company’s Global Governance organization will use Harvey to advance the company’s mission of helping people save money and live better.
We are honored to have the world’s largest retailer as a Harvey customer, and to be part of Walmart’s broader commitment to innovation with AI. Thank you to the Global Governance team for choosing Harvey, we can’t wait to continue working with you.
We’ve been looking for a company applying AI to enterprise accounting for 2+ years. After meeting Yogi Goel, Akshaya Srivatsa, and Jack Liao last year, we knew we had to be in business with them. They’re forces of nature with deep empathy for the problem space and technical prowess to reinvent it. We’re excited to lead Maxima’s seed round and double down in its Series A.
As the saying goes, “In God we trust. All others, we audit.”
Anyone who has worked in a CFO org knows what month-end feels like. Data scattered across systems, manual handoffs, endless reconciliations, late nights, and zero room for error. It’s the definition of a hair-on-fire problem.
Maxima is launching today to change that. The platform connects to your ERP and all your upstream financial systems, builds a living finance graph, and uses AI agents to prepare and post journal entries, match transactions, run reconciliations, and flag anomalies.
Customers are already seeing 80% faster closes, 95% automation of manual tasks, and full auditability.
We’re excited to back Yogi Goel, Akshaya Srivatsa, Jack Liao, and the entire Maxima crew as they bring real-time accounting to the finance teams that need it most.
Hear more from Yogi, and our investors Aditya Naganath and Josh Coyne ⬇️
Today I’m excited to announce Maxima's $41M in seed and Series A funding, led by Redpoint, Kleiner Perkins, Audacious Ventures with participation from top finance execs at FOG Ventures. We are building the world’s first agentic AI platform for enterprise accounting.
The accounting function is at a breaking point:
🔹 The number of public companies restating financials due to accounting errors is at an all time high. https://lnkd.in/gRPSz7kd
🔹 The number of people entering the accounting profession is at an all time low. https://lnkd.in/gJzbX7-S
I know this first hand because I’ve spent two decades in finance and accounting, and I’ve seen how painful it is to prepare and close the books every month. I have watched talented people burn out, miss family milestones, or leave the profession because the only way to keep up was 16-hour days for weeks at stretch.
So we are going after one of the hardest problem in enterprise using two of the biggest shifts in technology: LLMs and AI agents. We combine LLMs as the system of intelligence with AI agents as the system of action, so our platform prepares the accounting work end to end and takes on the most painful tasks of the month-end close.
This isn’t just theory. Maxima is powering accounting automation for leading enterprises such as Scale AI, SpotOn, Rippling, and many others processing millions of transactions governed by precise accounting logic. The impact: up to 80% faster closes, 95% automation of repetitive workflows, with 100% accuracy and auditability.
We are deeply grateful to our early believers and partners, including Satish D. and Urvashi from Redpoint; Mamoon Hamid, Josh Coyne, Aditya Naganath from Kleiner Perkins; Nakul Mandan, Samantha Price, Muzzammil Zaveri from Audacious Ventures, and Joe Montana, Michael Ma from Liquid 2 Ventures along with a remarkable group of angel investors who lead finance and accounting organizations around the world from groups like FOG Ventures.
What I am proudest of is the team behind Maxima. My co-founders Akshaya, Jack, alongside our engineers who’ve built pinpoint accurate, massive financial systems at Netflix, Robinhood, Bolt, YouTube and Apple, and accountants and controllers who have lived this pain firsthand. This blend of technical excellence and domain empathy is rare, and it gives me conviction that we can finally automate the manual grind and free up the accounting teams to focus on what actually moves the business.
Thank you to Reuters (https://lnkd.in/gzXFr7w7) for covering our story — we are just getting started. 🚀 Read our announcement blog post in the comments.
Anyone who has worked in a CFO org knows what month-end feels like. Data scattered across systems, manual handoffs, endless reconciliations, late nights, and zero room for error. It’s the definition of a hair-on-fire problem.
Maxima is launching today to change that. The platform connects to your ERP and all your upstream financial systems, builds a living finance graph, and uses AI agents to prepare and post journal entries, match transactions, run reconciliations, and flag anomalies.
Customers are already seeing 80% faster closes, 95% automation of manual tasks, and full auditability.
We’re excited to back Yogi Goel, Akshaya Srivatsa, Jack Liao, and the entire Maxima crew as they bring real-time accounting to the finance teams that need it most.
Hear more from Yogi, and our investors Aditya Naganath and Josh Coyne ⬇️
Excited to share a look into how we built the real-time ML system that powers the Nooks dialer.
One of the perennial challenges in applied ML is getting large amounts of high-quality data. Manual labeling doesn't scale, so we built a self-labeling pipeline capable of producing labels at human-level quality.
With careful modeling and systems work, our model now detects answered calls in real time faster and more accurately than humans, across millions of calls every day.
Working on this with Albert Xing, Mahmoud Khalifa, and Nikoloz Birkadze has been a mix of research, engineering, and problem-solving. We’re looking for more people who want to tackle hard ML problems at scale, come join us at Nooks!
https://lnkd.in/e-jeyxGK
We’re thrilled to announce our $100 million Series A funding round, led by Kleiner Perkins and Index Ventures, with participation from Spark Capital, and existing investors Khosla Ventures, First Round Capital, and Terrain.
Our mission is to keep the web open, transparent, and competitive. We build the best infrastructure for AI agents, applications, and systems to access and think with the web.
Our team is lean. Our ambitions are big.
Learn more: https://lnkd.in/efjcqxhM
Since our 1999 investment in Google, Kleiner Perkins has long partnered with teams building the web’s core infrastructure. Today, we are co-leading Parallel’s $100M Series A with Index Ventures.
Founded by Parag Agrawal, Parallel Web Systems is building the web for agents. The platform provides a native search API and index that can retrieve, organize, and rank tokens—not blue links—so AI systems can access and reason over accurate, current context. As part of the round, Mamoon Hamid will join Parallel’s board.
As Parag puts it: “Agents aren’t issuing keywords. They declare intent and receive high-signal tokens.”
Watch Mamoon’s conversation with Parag ⬇️
Thrilled to be partnering with ElevenLabs to bring spoken intelligence to law, ensuring every lawyer can engage with Harvey in their own language and context.
Grateful for your partnership Mati Staniszewski.
We’re excited to announce our partnership with ElevenLabs, the world’s leading audio AI company, to create the first global, multilingual voice for the legal profession.
This collaboration brings spoken intelligence to law, enabling Harvey to communicate naturally in dozens of languages, dialects, or accents. Powered by ElevenLabs’ Text to Speech and Speech to Text, Harvey will make legal knowledge more accessible and human across jurisdictions and cultures.
Read more here: https://lnkd.in/gC6JFCRJ
Rockstar Team + Market superfit = Generational Company 🚀
Join WisdomAI as it quickly strides towards becoming the de-facto solution for Data Analytics. We are solving the hard problems that hold employees back from being truly data driven: self-learning enterprise context layer, autonomous data agents, seamlessly joining multiple sources & modalities of data, declarative fine grained access control.
If you are a rockstar engineer, data geek and are looking to build an amazing product, talk to us!
https://lnkd.in/gqKfiZBjhttps://lnkd.in/g35Q8qzD#WisdomAI#SeriesA#AI#DataAnalytics