Clark, a New York-based startup developing AI-powered audit and accounting software, raised $11 million in a seed funding round led by Touring Capital. The round also included participation from returning investors Marathon Management Partners, Rerail and Sofeon Ventures. The funding was announced on November 2, 2026, alongside the launch of Clark’s autonomous AI audit agents, called Clerks.
Led by founder and CEO Enes Witwit, Clark develops AI software for certified public accounting (CPA) firms. Its technology is designed to automate audit procedures while allowing licensed professionals to retain responsibility for reviewing evidence, exercising professional judgment and signing audit opinions.
The company’s Clerks are AI agents that can carry out tasks across audit engagements, including reviewing financial documents, performing audit tests, preparing workpapers and requesting missing information from clients. The agents can also track client responses and resume their assigned work when additional information becomes available.
Clerks operate on Material Intelligence, Clark’s AI operating system, which combines an agent framework, document processing capabilities and a multi-layered memory system designed to retain context throughout audit engagements.
According to Clark, more than 35 CPA firms across the United States use its technology, including CliftonLarsonAllen, Aprio and Sensiba.
Clark plans to use the new capital to expand its senior product, engineering and sales teams and make Clerks available to additional accounting firms and audit engagement types.
The company also intends to support CPA firms expanding their audit services into government programs and continue developing autonomous audit capabilities. Its longer-term plans include continuous monitoring systems designed to update audit findings as new information becomes available.
