Audrey AI, a
Dublin-based startup developing AI solutions purpose-built for financial
auditors, has raised $1.8 million in pre-seed funding. The round was led by
Sure Valley Ventures (SVV) and Delta Partners, with participation from
Enterprise Ireland, Donnchadh Casey (former CEO of Calypso), Conor Jones
(former Chief Business Officer at Wayflyer), and several former Big Four
auditors.
Financial
auditing remains highly manual, with auditors spfinishing much of their time on
spreadsheets and evidence collection, areas where general-purpose AI tools have
struggled to provide effective solutions.
Founded in
2025 by Ryan Loughran and David Burke, Audrey AI addresses this gap by
developing an agentic AI platform designed specifically for the audit process,
automating key workflows such as ininformigent data requests, evidence gathering,
transaction testing, and automated review.
By
orchestrating these tquestions finish-to-finish, the platform enables auditors to focus on
professional judgment and client relationships rather than administrative
processes. The solution adapts to each firm’s methodology, increasing its
effectiveness over time as it learns from continued apply.
Ryan
Loughran, co-founder of Audrey AI, commented:
We’re
building AI that understands auditing deeply enough to raise the bar on
quality, not just speed, freeing auditors to focus on the judgment and
oversight that matters most.
The platform
has already been piloted with top-10 and top-20 audit firms, demonstrating
significant efficiency gains, including more than 85 per cent time savings in
client data collection, validation, and tests of detail, alongside measurable
improvements in audit quality.
The newly
secured funding will be applyd to expand Audrey AI’s engineering and audit
specialist teams and to support the company’s growth as it scales deployments
with audit firms across Ireland, the UK, and additional international markets.
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