AuditFile Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 3

Employees

  • 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

Formerly Known As
Gastke
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1550 Parkside Drive
  • Suite 150
  • Walnut Creek, CA 94596
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Other Industries
Accounting, Audit and Tax Services (B2B)
Automation/Workflow Software
Vertical(s)
SaaS, TMT, FinTech
Corporate Office
  • 1550 Parkside Drive
  • Suite 150
  • Walnut Creek, CA 94596
  • United States
+1 (888)

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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
To view AuditFile’s complete valuation and funding history, request access »

AuditFile Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based auditing platform intended to help certified public accountant firms and internal audit teams
Business/Productivity Software
Walnut Creek, CA
3 As of 2024

Dublin, Ireland
 

Cerritos, CA
 
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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
You’re viewing 5 of 12 competitors. Get the full list »

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
You’re viewing 5 of 7 executive team members. Get the full list »

AuditFile Board Members (3)

Name Representing Role Since
Simon Yoo Green Visor Capital Board Member
Timothy Draper Draper Associates Board Member
You’re viewing 2 of 3 board members. Get the full list »

AuditFile Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 20 investors. Get the full list »

AuditFile Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
John Wiley & Sons (Advantage Audit) 10-Jul-2023 Financial Software
To view AuditFile’s complete investments history, request access »

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.

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