Maxima
San Mateo, US · 8 known investors
Maxima builds AI agents that automate accounting close preparation—extracting and transforming data, generating journal entries, reconciling accounts, and running flux analysis—with output reviewed by accountants. Its finance graph unifies data across ERP, banks, payroll, and billing systems, targeting enterprise accounting teams.
Also known as Indus AI Technologies, Inc. · Maxima.ai
Founders & leadership
Investors · 8
Also in the syndicate · 6
Company profile
researched Aug 2026Maxima, operating as Indus AI Technologies, Inc., is a San Mateo, California-based company building an agentic AI platform for enterprise accounting automation. The product is aimed at the record-to-report and month-end close process, using task-specific AI agents at each stage of the close to gather data from a company's various systems, convert it into accounting records, prepare journal entries, apply internal policies, perform reconciliations, and flag irregularities with automated commentary. The stated design goal is a SOX-ready, real-time close that can be achieved without replacing or re-implementing existing ERP systems.
The company describes a division of labor in which AI agents co-prepare financial reports while accounting staff focus on review, validation and judgment. Workflows covered in public descriptions include journal entries, reconciliation, flux analysis and broader close workflows, with emphasis on accuracy, consistency and auditability. Maxima was founded in 2024 by Yogi Goel (co-founder and CEO), Akshaya Srivatsa (co-founder and CPO) and Jack Liao (co-founder and CTO).
As of November 2025 the company had raised $41 million across Seed and Series A rounds and cited SpotOn, Scale AI and Rippling among early customers.
Founding story
According to the company, Maxima was founded by operators who had experienced the month-end close firsthand, with a combined 25-plus years across technology companies, investment banking and audit. They observed that as companies scale, accounting infrastructure becomes a brittle assemblage of systems producing slow closes, rising error rates and staff burnout, and concluded that agentic AI could ingest large volumes of data while encoding company-specific logic to reduce errors and audit risk. CEO Yogi Goel, who has described roughly two decades in accounting and finance roles at EY, Citigroup, Barclays and Rubrik, has publicly framed the motivation as relieving accountants of repetitive manual work performed during extended close cycles.
Business model
Maxima sells an AI software platform to enterprise accounting and controllership teams. It is positioned as a layer that sits on top of a customer's existing ERP systems rather than a replacement, so adoption does not require replatforming. The company's public team page shows a dedicated enterprise sales organization and a forward-deployment function, indicating a direct enterprise sales and implementation motion.
Not disclosed in the available sources; the company sells enterprise software to accounting teams, but no pricing or contract structure is stated.
Traction
Raised $41 million across Seed and Series A rounds announced in November 2025. Early customers cited include Scale AI, SpotOn and Rippling. The company reports customer outcomes of up to 80% faster close times, 95% automation of manual tasks and 100% auditability. Its published team page lists roughly 30 employees across engineering, enterprise sales, forward deployment, product design, marketing and HR.
Latest developments
On 18 November 2025 Maxima announced $41 million in combined Seed and Series A funding from Redpoint Ventures, Kleiner Perkins and Audacious Ventures, alongside individual investors including former BlackLine CMO and Chief Strategy Officer Andres Botero, former BlackLine SVP of Operations Eric Borrmann, Rubrik CFO Kiran Choudary, Vanta CFO David Eckstein, and Liquid 2 managing partner and former NFL quarterback Joe Montana. The company said the capital would fund scaling of the platform, customer adoption and additional capabilities. Around the same period, Maxima was named to Redpoint's inaugural AI64 list.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
An early-stage entrant in the accounting automation and financial close software category, competing conceptually with established close-management vendors; a number of its sales and go-to-market staff and individual investors come from BlackLine, FloQast and AuditBoard. Sources describe it as the first agentic AI platform for enterprise accounting, and it cites three named enterprise customers as of its November 2025 funding announcement.
Public materials position Maxima as the first agentic AI platform purpose-built for enterprise accounting, differentiated by operating as an overlay on existing ERPs rather than requiring their replacement, by targeting SOX-readiness and full auditability of AI-produced work, and by combining task-specific agents for each close stage with human review. The company also emphasizes a team combining accounting/audit practitioners with AI engineers, and investor and advisor participation from accounting-software and finance operators (BlackLine, Rubrik, Vanta, Ramp, Datadog, FloQast, AuditBoard backgrounds).
Technology
The platform uses task-specific AI agents deployed at each stage of the close process. The agents connect across a company's systems to collect source data, transform it into accounting records, draft journal entries, apply company-specific internal policies, run reconciliations, perform flux analysis, and surface anomalies with automatically generated commentary. Outputs are designed for human review and for audit traceability, and the system runs as a layer above existing ERP software.
Go-to-market
Direct enterprise sales supported by forward-deployed implementation staff, with the platform layered onto customers' existing ERP environments to lower switching costs. Named early customers are US technology and payments companies. Investor and advisor relationships with finance executives at companies such as Rubrik, Vanta, Ramp, Datadog and Robinhood are highlighted publicly.
Enterprise accounting, controllership and finance teams that run SOX-relevant month-end close processes on existing ERP systems. Named early customers are Scale AI, SpotOn and Rippling.
Geography
Headquartered in San Mateo, California. No other locations are described in the available sources.
History
The company was founded in 2024 and operates as Indus AI Technologies, Inc. under the Maxima brand. It emerged publicly in November 2025 with the announcement of $41 million in combined Seed and Series A financing, by which point it had assembled a team drawn from technology companies (Netflix, Airbnb, Robinhood, Google, Apple, Meta, Bolt), accounting-software vendors (BlackLine, FloQast, AuditBoard) and audit/consulting firms (EY, PwC, KPMG, Deloitte), and had been named to Redpoint's inaugural AI64 list of companies shaping the AI application layer.
Risks & controversies
No controversies, litigation or regulatory actions appear in the available sources. Reported performance figures (up to 80% faster close, 95% manual task automation, 100% auditability) are company-stated customer outcomes rather than independently verified results, and the company is early-stage with a small number of publicly named customers.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsMaxima (Indus AI Technologies, Inc.) announced $41 million in combined Seed and Series A funding from Redpoint Ventures, Kleiner Perkins and Audacious Ventures, with participation from angel investors and operators. Proceeds are intended to scale the platform, expand customer adoption and extend product capabilities.
$41M source ↗
Maxima was named by Redpoint as one of the top companies shaping the AI application layer in its inaugural AI64 list.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- Maxima Raises $41 Million in Fundingthesaasnews.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Maxima do?
- San Mateo-based Maxima builds an agentic AI platform that automates enterprise month-end close on top of existing ERPs.
- Who founded Maxima?
- Maxima was founded by Yogi Goel.
- Who are Maxima's investors?
- Maxima's investors include Kleiner Perkins, Redpoint Ventures.
- Where is Maxima headquartered?
- Maxima is headquartered in San Mateo, US.