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Anduin Raises $14M in Seed Funding


Anduin Raises $14M in Seed Funding
Anduin, a Charlotte, NC-based provider of AI powered invoicing and billing solutions for accounting firms and other professional services firms, raised $14M in seed funding.
The round was led by Revolution Ventures with participation from Relevance Ventures and Merian Ventures. In conjunction with the funding, Revolution Ventures managing partner Tige Savage will join Anduin’s board and Graham Ober, vice president at Revolution Ventures, will join as a board observer.
The company intends to use the funds to expand its Intelligence-Based Billing
TM platform to introduce a new Predictive Insights solution and a new suite of Practice Management solutions. ....

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Anduin earmarks $14M seed round for intelligent practice management


Anduin, a startup providing artificial intelligence-based accounts receivable software, has closed a $14 million seed round.
The money is earmarked to introduce a new Predictive Insights solution and a new suite of Practice Management solutions.
Anduin’s accounts receivable software, built on its Intelligence-Based Billing platform, made Accounting Today’s 2021 Top New Products listing. The software was released in December 2020, closing out a year where firms and organizations of all kinds desperately needed remote-enabled solutions and quicker access to cash.
The forthcoming solutions from Anduin are planned to address challenges in other areas of practice management. Predictive Insights is being developed to unify firms’ disparate systems and data to provide firm leaders with real-time visibility into firm-wide performance. Practice Management will constitute a cloud-based, mobile-enabled, open-architected, AI-powered, and modular suite of practice management ....

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2021 Tech Titans | Washingtonian (DC)


Washington’s tech industry hasn’t been immune to the pandemic. Companies such as the IT giant DXC and the event-organizing platform Cvent cut jobs amid the slowdown. But some, including the hot cloud-computing company Appian, committed to hundreds of new hires.
Indeed, plenty of other good business news came from Washingtonian’s Tech Titans during the past year. Our 2021 winners who were selected through both reporting and an informal process of nominations from their peers managed to start up new and innovative companies, close on huge funding rounds, ink massive contracts, and announce initial public offerings.
Some of this year’s Tech Titans expanded their companies not only in spite of the pandemic but be­cause of it. Michael Chasen, founder of the “edtech” firm Blackboard, leveraged the demand for at-home education to launch Class, a company that creates virtual classrooms using Zoom. Class has already raised more than $40 million. Blake Hall, founder of ....

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