Moss raises €35 million Series C at €1 billion valuation
Portage leads the financing, with Cherry Ventures participating.
Finance automation with review built in
Moss says more than 5,000 businesses were using its platform when the financing was announced. The company has built its customer base around corporate spending, invoices and expenses.
Its AI strategy keeps finance teams responsible for consequential decisions. Users can inspect suggested accounting treatments, correct them and approve work before it proceeds.
Use of funds
Develop finance AI for accounts receivable, journal entries and month-end close