Safebooks AI

Trust Your Numbers With The Financial Data Governance Platform

General Information
Company Name
Safebooks AI
Founded Year
2023
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
26
Industries
AI, Financial Services, Fintech
Funding Stage
Seed
Social Media

Safebooks AI - Company Profile

Safebooks AI is an Israeli startup specializing in AI and Fintech, offering a Financial Data Governance Platform with the slogan "Trust Your Numbers." The platform aims to bridge the governance gap by providing finance teams with a 100% reliable view of their business and financial data in minutes. Using AI and machine learning, Safebooks AI automatically detects anomalies, fraud indicators, and inaccuracies, eliminating manual reconciliations and guesswork. The company's platform seamlessly integrates with existing financial infrastructure, including ERP, Payroll, HRIS, Billing, and Payments systems, going beyond analyzing processes to build a holistic, auditable cross-system view of data. By leveraging AI to analyze every transaction, Safebooks AI allows finance leaders to confidently sign off on their data, giving them complete trust and transparency in financial reporting and decision-making. With a recent $7.00M Seed Round investment from Insight Partners and Mensch Capital Partners on April 1, 2023, Safebooks AI is well-positioned to address the industry's demand for proactive risk mitigation, increased efficiency, deeper insights, and unmatched accuracy. The company's focus on providing reliable and complete financial data signifies its potential to meet the needs of businesses navigating the complexities of financial data governance.

Taxonomy: Financial Data Governance, AI Audit Software, Finance Automation, Risk Management Controls, Continuous Auditing, Data Reconciliation, Procure-to-pay Cycle Monitoring, Financial Compliance, Ledger Integrity, Payment Reconciliation, Month End Close, Business Data Governance

Funding Rounds & Investors of Safebooks AI (1)

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Funding Stage Amount No. Investors Investors Date
Seed Round $7.00M 2 01 Apr 2023

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