TLDR: uiAgent, a leading AI agent platform for accounting firms, has successfully closed a $4.6 million seed funding round. Led by Marathon Management Partners with participation from Rerail, this investment will accelerate the development and deployment of AI-powered automation solutions designed to enhance efficiency and address critical challenges within the accounting industry.
New York, NY – uiAgent, an innovator in AI agent automation for the accounting sector, announced today the successful closure of a $4.6 million seed funding round. The investment, spearheaded by Marathon Management Partners and joined by Rerail, is set to significantly advance uiAgent’s mission to revolutionize accounting practices through intelligent automation. As part of this strategic investment, Chase Packard, Founding Partner at Marathon Management Partners, will join uiAgent’s board of directors.
Founded with the specific needs of accounting firms in mind, uiAgent provides a robust AI-agent automation platform capable of delivering enterprise-grade, end-to-end automation in a matter of days, rather than months. The platform offers flexible deployment options, supporting both on-premise and cloud environments, and boasts an extensive library of AI agents tailored for critical workflows across Audit and Client Accounting Services (CAS).
uiAgent’s solutions are already making a tangible impact, powering automation for some of the largest and most forward-thinking accounting firms, including many within the top 100 in the US. Customers have reported impressive results, including an 80% reduction in manual data entry, a 25% faster monthly close, a 35% faster completion of Employee Benefit Plan (EBP) audits, and 100% automation of journal entry creation.
Lisa Cattie, Director at Kreischer Miller, lauded uiAgent’s adaptability, stating, “The ability to customize agents is a major differentiator for uiAgent. Many platforms in this space are too rigid to meet the needs of our more complex clients, but uiAgent gives us the flexibility to operate beyond standardized systems. Working with Enes and his team has been energizing—they’re full of ideas that drive efficiency and turn our wishlist into reality.”
Chase Packard of Marathon Management Partners highlighted the opportune timing for such innovation. “Accounting is ripe for AI automation, driven by a shrinking labor force, high volumes of repetitive work, and siloed data stuck in outdated systems,” Packard commented. “Enes and his team saw this coming and built a powerful platform to help firms adopt AI quickly, securely, and with measurable impact.”
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Enes Witwit, CEO and Founder of uiAgent, emphasized the company’s commitment to making AI accessible and effortless for CPAs, whom he refers to as the “backbone of the economy.” The newly secured capital will be strategically utilized to accelerate the development and deployment of uiAgent’s automation agents, expanding their reach to more top accounting firms and large enterprises. uiAgent is headquartered in New York, New York.
