Truewind offers a secure generative-AI platform tailored to accounting professionals, used by public accounting firms, in-house accounting teams, and professional service providers. The platform is designed to augment productivity and streamline workflows, and in partnership with customers it absorbs 47% of month-end close tasks. Truewind says its revenue grew fourfold over the past year while working with firms including EisnerAmper and Frank Rimerman. The company will use the new funding to expand its accountant community network, scale its multidisciplinary team, and build out additional product features. Truewind emphasizes security and trust as core elements of its product for handling complex, sensitive work. The company reports having customers and accounting-firm partners across the country who are deploying its generative-AI solutions. Truewind provides an AI-powered bookkeeping and finance back‑office for startups, combining large language models (like GPT) with a concierge service to deliver reliable bookkeeping and detailed financial models. The platform captures business context to interpret financial data and supplies startups with financial models and ongoing accounting support. Truewind intends to transform the finance and accounting industry through automation and AI-assisted workflows. The company was founded by Alex Lee and Tennison Chan in November 2022 and participated in Y Combinator's Winter 2023 batch. Based in San Francisco, Truewind plans to use new capital to accelerate development of its AI-powered bookkeeping and finance platform. In September 2023 the company announced a $3.0M seed raise to fund that roadmap.

Total raised

$16M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2025