Finance Automation

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Perplexity CEO Aravind Srinivas Backs $9M AI Startup That Cuts Finance Grunt Work By 40% And Slashes Month-End Close In Half
Yahoo Financeยท 2025-10-05 14:31
Finance leaders face reconciliations, slow closes, and constant data juggling. To solve this, Perplexity CEO Aravind Srinivas invested in Maximor, a startup that claims to have cut one customer's month-end close in half. Maximor on Monday announced a $9 million seed round to expand its AI platform and help finance teams move from manual processes to strategic work. Co-founders Ramnandan Krishnamurthy and Ajay Krishna Amudan at Microsoft (NASDAQ:MSFT) witnessed organizations revert to spreadsheets despite ...