Location
Headquarters: New York, New York, United States, North America
Region: New York
Country: US
Continent: North America
About
Vic.ai is an AI-first accounts payable automation platform that helps finance teams reduce costs, improve accuracy, and accelerate the month-end close. It delivers autonomous AP processing, expense management, and real-time insights, with ERP integrations for real-world business complexity. The platform is positioned as an autonomous finance solution designed for CFOs, controllers, and AP managers to gain full cash flow control. Vic.ai emphasizes AI-native capabilities and agentic AI to drive ROI across enterprise finance workflows.
Vic.ai provides an AI-driven autonomous finance platform specializing in accounts payable automation and corporate expense management. The company serves finance teams by streamlining workflows through features like VicInbox and VicCard, enabling faster month-end closes and improved accuracy. Its solution integrates with ERPs to handle invoice processing and B2B payments using agentic AI.
XFO Financials Inc.
2017
for_profit
active
Industries
Primary Industry: Business Services
Categories
Funding & Financials
Series C
114700000
1m-10m
private
Investors
Founders
Alexander Hagerup
Kristoffer Roil
Rune Løyning
Leadership
Technology Stack
Products
Vic.ai Autonomous Accounts Payable Platform: An AI-driven platform that automates invoice processing and accounts payable workflows to reduce errors and accelerate month-end close.
VicCard™ and Expense Management: AI-powered corporate card and expense management system that automates spend controls, receipt matching, and enforces compliance policies.
VicAnalytics™: AI-powered analytics software delivering real-time insights into accounts payable workflows, team productivity, and financial performance.
VicPay™ 2.0: A payment solution integrated with Vic.ai’s platform to facilitate vendor payments and streamline accounts payable disbursements.
Vendor Portal: A platform feature that allows vendors to interact directly with the accounts payable system for invoice submission and status tracking.
VicAgents™: AI agents within the Vic.ai platform that assist with automating finance tasks and providing intelligent support in accounts payable processes.
Funding rounds
Series C · $52M · (2022-12-13) · Lead: ICONIQ Growth,Notable Capital
Series B · $50M · (2021-09-01) · Lead: ICONIQ Growth
Series A · $11.2M · (2019-09-08) · Lead: Notable Capital