Supervizor, a leading plug and play Quality Assurance platform for finance teams, has announced a successful funding round.
The company raised $22 million, with Orange Ventures taking the lead, alongside investments from Wille Finance, La Maison Partners, New Alpha Asset Management, Adelie Capital, and ISAI.
Supervizor has been instrumental since 2016 in providing global organizations with a robust Quality Assurance platform, safeguarding against financial and compliance risks. By offering error-proof financial statements, the platform ensures the highest quality standards for its users.
Supervizor enables finance, accounting, and compliance teams to continuously monitor transactions, detect anomalies, and prevent fraudulent activities, thus enhancing financial control and compliance while reducing costs.
The new funding injection will support Supervizor in driving continued innovation of its award-winning audit analytics platform and in expanding its go-to-market operations worldwide. This strategic move aligns with the company’s mission to provide an unparalleled level of financial Quality Assurance to its clients.
Alban Clot, Founder and co-CEO of Supervizor, highlighted the significance of improving financial Quality Assurance, stating, “Improving organization’s financial Quality Assurance have been long sought corporate goals, but difficult to realize. The market to achieve such, however, is massive and surprisingly underserved. Supervizor’s rapidly growing customers are discovering firsthand the value that comes from better Quality Assurance including increased financial control, reduced costs and better compliance.”
Supervizor boasts a notable client roster, with over 70 global enterprises trusting its financial Quality Assurance platform. Clients include Cirrus Logic, Club Med, Diebold Nixdorf, Hutchinson, Ikea, Lacoste, Michelin, among others. The platform integrates seamlessly with all major ERPs, is available on the SAP Store, and is distributed by Sage. Additionally, Supervizor was recently recognized by the AICPA for its inclusion in the highly selective 2024 Startup Accelerator cohort.
Expressing enthusiasm about the company’s growth prospects, Arnaud Merlet, co-CEO of Supervizor, stated, “We are eager to further grow our global customer base, particularly in North America, and forge new partnerships amongst the finance, accounting and technology industries. Our mission is to create a world where financial information is universally trusted.”
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