AuditFile Overview
- Year Founded
-
2011
- Status
-
Private
- Employees
-
3
- Latest Deal Type
-
2ndary - Private
- Investors
-
20
AuditFile General Information
Description
Developer of a cloud-based auditing platform intended to help certified public accountant firms and internal audit teams perform efficient audits, reviews, and compilations. The company's platform automates the audit process from uploading the trial balance to generating financial statements and also develops algorithms that help auditors identify potential fraud, enabling clients to reduce accounting errors.
Contact Information
Website
www.auditfile.comCorporate Office
- 1550 Parkside Drive
- Suite 150
- Walnut Creek, CA 94596
- United States
Corporate Office
- 1550 Parkside Drive
- Suite 150
- Walnut Creek, CA 94596
- United States
AuditFile Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Secondary Transaction - Private | 01-Dec-2023 | Completed | Generating Revenue | |||
4. Secondary Transaction - Private | 01-Sep-2022 | Completed | Generating Revenue | |||
3. Early Stage VC | 07-Feb-2014 | Completed | Generating Revenue | |||
2. Seed Round | 09-Jul-2013 | $90K | $100K | Completed | Generating Revenue | |
1. Seed Round | 01-Feb-2013 | $10K | $10K | Completed | Generating Revenue |
AuditFile Comparisons
Industry
Financing
Details
AuditFile Competitors (12)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Circit | Venture Capital-Backed | Dublin, Ireland | ||||
AuditBoard | Venture Capital-Backed | Cerritos, CA | ||||
Audit Sight | Venture Capital-Backed | Atlanta, GA | ||||
Confirmation | Formerly VC-backed | Eagan, MN | ||||
Infrrd | Venture Capital-Backed | San Jose, CA |
AuditFile Patents
AuditFile Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20160027123-A1 | Automatic tagging of trial balance | Inactive | 22-Jul-2014 | ||
US-10891294-B1 | Automatically migrating computer content | Active | 22-Jul-2014 | ||
US-20210056110-A1 | Automatically migrating computer content | Inactive | 22-Jul-2014 | G06Q10/06375 |
AuditFile Executive Team (7)
Name | Title | Board Seat |
---|---|---|
Steven Bong | Co-Founder & Chief Executive Officer | |
Kevin Bong | Co-Founder & Chief Operating Officer | |
Gary Bong | Co-Founder | |
Michael Liou | Advisor | |
William Draper III | Advisor |
AuditFile Board Members (3)
Name | Representing | Role | Since |
---|---|---|---|
Simon Yoo | Green Visor Capital | Board Member | |
Timothy Draper | Draper Associates | Board Member |
AuditFile Signals
AuditFile Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Brian Christopher Yee | Angel (individual) | Minority | ||
David McClure | Angel (individual) | Minority | ||
Geoffrey Judge | Angel (individual) | Minority | ||
Jared Brubaker | Angel (individual) | Minority | ||
Kristian Andersen | Angel (individual) | Minority |
AuditFile Investments (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
John Wiley & Sons (Advantage Audit) | 10-Jul-2023 | Financial Software |
AuditFile FAQs
-
When was AuditFile founded?
AuditFile was founded in 2011.
-
Who is the founder of AuditFile?
Steven Bong, Kevin Bong, and Gary Bong are the founders of AuditFile.
-
Who is the CEO of AuditFile?
Steven Bong is the CEO of AuditFile.
-
Where is AuditFile headquartered?
AuditFile is headquartered in Walnut Creek, CA.
-
What is the size of AuditFile?
AuditFile has 3 total employees.
-
What industry is AuditFile in?
AuditFile’s primary industry is Business/Productivity Software.
-
Is AuditFile a private or public company?
AuditFile is a Private company.
-
What is AuditFile’s current revenue?
The current revenue for AuditFile is
. -
How much funding has AuditFile raised over time?
AuditFile has raised $3.1M.
-
Who are AuditFile’s investors?
Brian Christopher Yee, David McClure, Geoffrey Judge, Jared Brubaker, and Kristian Andersen are 5 of 20 investors who have invested in AuditFile.
-
Who are AuditFile’s competitors?
Circit, AuditBoard, Audit Sight, Confirmation, and Infrrd are some of the 12 competitors of AuditFile.
Data Transparency
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