Berlin-based Cortea has raised €12 million in seed funding to expand its AI-powered audit quality software, in a round led by Dawn Capital with participation from Cherry Ventures, Mosaic Ventures, and angel investors including former KPMG Global Head of Audit Larry Bradley.
The startup builds AI-powered Audit Quality Agents for audit firms. Its software reviews audit reports, financial statements, disclosure notes, and supporting workpapers before sign-off, aiming to identify inconsistencies, missing information, filing discrepancies, and potential compliance issues.
The seed funding will be used to accelerate Cortea’s push to bring its Audit Quality Agents to firms worldwide, as audit teams face growing pressure to improve efficiency while meeting increasingly complex compliance and reporting requirements.
The deal reflects continued investor interest in applied AI tools built for highly regulated professional workflows, particularly in areas where quality control and oversight remain central.
The startup builds AI-powered Audit Quality Agents for audit firms. Its software reviews audit reports, financial statements, disclosure notes, and supporting workpapers before sign-off, aiming to identify inconsistencies, missing information, filing discrepancies, and potential compliance issues.
The seed funding will be used to accelerate Cortea’s push to bring its Audit Quality Agents to firms worldwide, as audit teams face growing pressure to improve efficiency while meeting increasingly complex compliance and reporting requirements.
The deal reflects continued investor interest in applied AI tools built for highly regulated professional workflows, particularly in areas where quality control and oversight remain central.