Aiwyn, a Charlotte, NC-based provider of a practice automation platform for Certified Public Accounting (CPA) firms, raised $113M in funding.
The round was led by KKR and Bessemer Venture Partners.
The company intends to use the funds to evolve its payments and collections suite into a comprehensive platform.
Led by CEO Justin Adams, Aiwyn helps accounting firms automate and optimize revenue processes by empowering client data from existing practice management and CRM systems with its practice automation platform.
Today, the company serves 130 of the top 500 CPA firms as a provider of automation software designed to streamline the full revenue management lifecycle for accounting firms. Its current product creates a client experience for CPA firms by automating manual payments and collections workstreams and reconciling payments and invoices for both CPAs and their end-clients.
