About Vic.ai
Vic.ai is a company based in New York (United States) founded in 2016 by Alexander Hagerup and Kristoffer Roil. Vic.ai has raised $114.7 million across 4 funding rounds from investors including GGV Capital, Iconiq Capital and Cowboy Ventures. Vic.ai offers products and services including Vic.ai APSuiteâ„¢, Invoice Processing, AP Inbox, Expense Management, and Bill Pay. Vic.ai operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.
- Total Equity Funding$114.7M (USD)
in 4 rounds
- Latest Funding Round$52M (USD), Series C
Dec 2022
- InvestorsGGV Capital
& 3 more
Products & Services of Vic.ai
Vic.ai offers a comprehensive portfolio of products and services, including Vic.ai APSuite™, Invoice Processing, AP Inbox, Expense Management, and Bill Pay.
Platform for autonomous invoice processing and error reduction.
AI system for accurate and efficient invoice handling.
Agent-powered inbox for streamlined accounts payable tasks.
AI-driven system for tracking and controlling corporate expenses.
Tool for optimizing cash flow and vendor payments.
Apps and channels of Vic.ai
its YouTube channel Vicdotai has 226 subscribers and 30 videos.
Videos from Vic.ai
The most watched videos on Vic.ai's YouTube channel, Vicdotai (226 subscribers). Click a video to play it here.
More on Vicdotai.
Funding Insights of Vic.ai
Vic.ai has successfully raised a total of $114.7M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $52 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $114.7M
- Total Rounds 4
- Last Round Series C — $52M
- First Round $1.5M
(Aug 2017)
- Investors Count 4
All 4 funding rounds of Vic.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $52M | Series C | – | GGV Capital, Iconiq Capital | |
| Sep 2021 | $50M | Series B | – | Iconiq Capital | |
| Sep 2019 | $11.2M | Series A | – | GGV Capital | |
| Aug 2017 | $1.5M | Seed | – | Cowboy Ventures | – |
4 investors in total: 4 institutional.
Investors in Vic.ai
Vic.ai has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include GGV Capital, Iconiq Capital and Cowboy Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in cybersecurity, fintech, and AI startups. | – | ggvc.com | Menlo Park, United States | |
Provider of investment management and real asset services | – | iconiqcapital.com | San Francisco, United States | |
US focused Seed and early-stage stage VC firm | – | cowboy.vc | Palo Alto, United States | |
Venture capital firm focused on early stage fintech, data, AI, and security companies | – | costanoa.vc | Palo Alto, United States |
Investor details for Vic.ai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Vic.ai
20 people are tracked at Vic.ai (8 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Alexander Hagerup | Co-Founder & CEO | Leadership |
Kristoffer Roil | Co-Founder & COO | Leadership |
Aftab Quli | Director Of Implementation Services | Leadership |
Ryan Goetz | Director Of Customer Success | Leadership |
Emily Perkins | Head Of Content Strategy | Leadership |
Ken Seino | Director, Finance | Leadership |
Ben Baldyga | Senior Vice President | Sales | Leadership |
Max Lubarsky | Director Of Partnerships | Leadership |
Anna Klombies | SVP, People | Team |
Caryn Englishbee | Senior Customer Success | Team |
Max Kearney | Account Executive | Team |
Hannah Kelley | Customer Success Manager | Team |
Mark Fisher | SVP, Marketing | Team |
Micah Hill | Enterprise Sales Development | Team |
Brett Tompkins | Enterprise Account Executive | Team |
Nora W. | Account Executive | Team |
Alexa Carr | Sales Operations Manager | Team |
Gabriele Silvey | Team Lead Sales Development | Team |
Noah Schacker | Senior Sales Executive | Team |
Alex Meade | Account Executive | Team |
Complete people profiles for Vic.ai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Vic.ai
3 dated milestones of Vic.ai across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Vic.ai is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series C, of $52.0M.
Competitors of Vic.ai
Vic.ai operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Xero, Wave and FreshBooks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| myob.com | 1991 | Cremorne, Australia | – | – | Cloud-based accounting and ERP software is provided for businesses. |
Detailed competitors of Vic.ai
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Vic.ai
The website of Vic.ai (vic.ai) receives about 104.1K visits a month.
- Monthly visits104.1K
▼ 8.1% vs previous month
Websites whose visitors overlap most with Vic.ai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zeni.ai | 100% | 95.8K | #379,941 | View details | |
| ledge.co | 84% | 23.4K | #1,262,025 | View details | |
| lili.co | 82% | 173.4K | #212,861 | View details | |
| numeric.io | 81% | 81K | #422,841 | View details | |
| rapidinnovation.io | 79% | 55.9K | #646,770 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for Vic.ai
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 38 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Vic.Ai
Complete news archive for Vic.ai
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Vic.ai
10 companies that operate in the same segment as Vic.ai (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Vic.ai
Vic.ai was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Vic.ai is headquartered in New York, United States. It is registered at New York, New York, United States.
Alexander Hagerup is the current CEO of Vic.ai. They have also founded this company.
Vic.ai is a funded company, having raised a total of $114.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Aug 2017.
Vic.ai was founded in 2016 in New York, United States, and operates as an AI platform focused on accounts payable processes. Solutions such as real-time insights, accounting automation, and AI-based data predictions are delivered to mid-size and enterprise firms. The platform supports financial operations through intelligent automation, targeting efficiency in invoice processing and compliance across various sectors.
Vic.ai offers Vic.ai APSuiteâ„¢, Invoice Processing, AP Inbox, Expense Management, and Bill Pay.
Vic.ai has 4 investors. Key investors include GGV Capital, Iconiq Capital, Cowboy Ventures, and Costanoa.
The website of Vic.ai receives about 104 thousand visits a month.