Walnut Creek, United States
AuditFile, founded in 2011 and headquartered in the United States, presents a pioneering solution as the first cloud-based auditing tool tailored for CPA firms. Recognized by its slogan, "Cloud-based audit software for CPAs," the company streamlines audit processes from trial balance uploads to financial statement generation. Its proprietary algorithms also enhance fraud detection capabilities.
Awarded numerous accolades, including the CPA Practice Advisor Innovation Award in 2015, 2017, and 2021, and a patent for AI in Financial Statement Audits (US Patent 10,891,294), AuditFile demonstrates consistent innovation. The firm also secured a MAS contract with the US General Services Administration.
The company attracted notable early-stage investment in 2014, raising $3.00M from investors like Boost VC, Draper Associates, 500 Global, and others. These strategic investments propel AuditFile's continued growth and technological advancements in the cloud-based audit space.
