Alex Lee

Fundraising announcement day ⛵️ (which also means many thank you’s to follow)

@truewindai has raised $13M in our Series A, co-led by Habib at Rho Capital and Joe at Thomson Reuters Ventures. We’re thrilled to welcome new investors @CharleyMa at Pathlight Ventures and Greg Ennis at Peninsula Ventures along with several fantastic angels. Thank you @ShenLucinda @axios for covering us these past two years and continues breaking our news coverage.

We are grateful to our existing investors for their ongoing support, without whom we would not be here today. Logan at Fin, @bradflora @ycombinator, @MrDaveAllen @beat_ventures, Aneel at Soma, Tak at Scrum, Miki at Hike, and Jun at SV Tech.

And thank you to our customers. The businesses and founders, the accounting firms and accountants, who trust us to deliver new AI solutions to speed up the month-end close and deliver better insights. In partnership with our customers, Truewind has developed a holistic solution that absorbs 47% of the month-end close tasks and accelerates the close.

Looking ahead, we will use our Series A funding to expand our accountant community network, scale our world-class multidisciplinary team, and build out our suite of product features. We are energized to invest in our products and team to enable accountants to harness the full potential of generative AI.

Last week, @truewindai gathered in one house in Colfax, California for our fourth company offsite. This offsite was about one central theme: Trust ⛵

Two of our newest leaders had joined just weeks before. There's no faster way to becoming a team than cooking, competing, and problem solving together. Being in the trenches together is how trust is built 💛

Day one: the Truewind Olympics - officially named: The Rollforward Games. Spikeball, knockout, flip cup, and football toss with playoff-level intensity. Followed by home made dumplings and brazilian BBQ 🏀

Day two: Let's get to Work. Every leader presented where we're going. Departments broke out to solve their toughest problem, and then presented back. Renato gave a sneak preview of our new product, which drew oohs and ahhs. Somewhere in there, the Truewind running club continued to log its miles 🏃‍♀️

Day three: Whitewater rafting on the American River 🌊

Fired up for what's next. We're hiring demand gen, content marketing, engineering. Back to bringing AI to accountants!

Two announcements I've been sitting on for a few weeks.

Dillon Mullaney has joined Truewind as VP of Sales, and Mark Bezney MBA has joined as Director of Accounting, Agent Solutions.

I first worked with Dillon when he led sales at Mozart Data and I was helping run their finances. Mozart became Truewind's first customer, before Truewind was even Truewind. The stars aligned for him to join Truewind as our sales leader. He's built and coached sales teams at Zenefits, Brex, Mozart Data, and most recently Spring Health. Our AEs deserve a leader who runs sales full time so they can sell full time.

Mark's path is the one I'd design if I could: auditor at Deloitte, in-house accountant at large and small companies, accounting manager at a CAS firm, then Controller at Maxwell. The cherry on top: at Maxwell, he was a Truewind customer. His team automated about half of their month-end close and went from a 4-week close to a 2-week close. Now he leads the team that does that for every customer.

Fresh off our company retreat, we're fired up to bring AI to accountants! Photos to come here.

We're hiring in Growth, Demand Gen, and Engineering. If you want to build the company that preserves accounting knowledge and scales finance organizations, check out our Careers page

Welcome, Dillon and Mark. Let's go!!

Most startups don’t die from bad decisions.
They die from slow decisions.

And slow finance creates them.

Today, we’re excited to announce that Truewind is now an official Sage Intacct Marketplace Partner.

This collaboration combines Truewind’s automation technology and Sage’s cloud financial management platform to help finance teams streamline operations, reduce manual work, and gain real-time visibility into financial performance.

We’re here to amplify accountants, not replace them.

With Sage Intacct as the system of record and Truewind as the system of intelligence, finance teams can shift from a traditional month-end process to a continuous close where the books stay ready and data stays consistently reconciled.

Let's chat: engage@trytruewind.com