# Andera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/andera-2

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.andera.ai
- Total disclosed funding: $37M
- Latest round: Series A (Jun 17, 2026)
- Investors on record: 4

## About

Based in the US, Andera is a software company that specializes in automating SOX testing solutions through advanced artificial intelligence technology, enhancing the efficiency of audit processes for organizations.Andera, founded in 2024 and headquartered in San Francisco, US, focuses on automating control testing and evidence collection for audits. The company recently completed its Series A funding round on June 17, 2026, raising USD 37.00 mn led by Lightspeed Venture Partners, with participation from A-Star Partners, Bain Capital, and Pear VC. This funding aims to further develop Andera's innovative auditing platform.Andera specializes in automated SOX (Sarbanes-Oxley Act) testing solutions powered by artificial intelligence. Their core offering, known as Audit AI, enables organizations to automate control testing processes without the need for extensive setup, streamlining the audit workflow significantly. The platform allows users to automatically generate workpapers in formats familiar to auditors, while also managing communications with control owners for the collection of necessary evidence. Audit AI enhances the efficiency and reliability of audits by ensuring that all evidence collected is relevant and adheres to the appropriate Information Produced by the Entity (IPE) standards. The solution is designed for internal audit teams and public accounting firms, serving clients across various industries in markets such as North America, Europe, and Asia, helping them reduce substantial auditing costs and save time in their auditing engagements.Andera operates a subscription-based revenue model primarily through its Audit AI platform. Clients engage with the company for periodic access to the software, which provides ongoing support and updates tailored to their auditing needs. The transactions typically involve enterprises subscribing to the service, which enables them to automate their SOX testing and manage audit processes efficiently. While specific pricing details for the subscription plans are not disclosed, the services are marketed to help businesses reduce their overall SOX auditing costs significantly. This model positions Andera to capture revenue from various sectors, including financial services, manufacturing, and technology firms, all of which require rigorous compliance with auditing standards.In June 2026, Andera raised USD 37 mn in Series A funding led by Lightspeed Venture Partners, with participation from A-Star Partners, Bain Capital, and Pear VC. The company plans to utilize this funding to further develop its platform that automates evidence collection, control testing, and workpaper preparation for audits. Andera is also targeting expansion into new markets, particularly in Europe and Asia, to broaden its client base.

## Funding rounds

- Series A, Jun 17, 2026, $37M — Lightspeed Venture Partners, Bain Capital, Pear VC, A-Star Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Series A
- A-Star Partners (https://capitalatlas.ai/funds/a-star-partners) — Series A