Clark, a New York company that builds AI software to carry out audit work for accounting firms, has raised an $11m seed round led by Touring Capital. The company announced the round on 2 November 2026, alongside the launch of its AI agents, which it calls Clerks.
Marathon Management Partners, Rerail and Sofeon Ventures, all existing investors, also took part. The round brings Clark's total funding to $16m. The company did not disclose a valuation.
Clark was previously known as uiAgent. It was founded in 2025 by chief executive Enes Witwit, according to AlleyWatch.
“A promise of accuracy only means something when it has money behind it.”Enes Witwit, Founder and CEO, Clark
What Clark does
Audits of company accounts involve a large amount of routine work: collecting documents from clients, checking them, running tests and preparing the working papers that support an auditor's opinion. Clark's Clerks are designed to take on those tasks for certified public accountant (CPA) firms, including asking clients for missing items.
The agents run on what Clark calls Material Intelligence, its own software layer that combines an agent framework, document processing and a memory system with several layers. Licensed accountants remain responsible for judgement calls, reviewing the work and signing off on the audit, the company said.
Clark offers firms a guarantee of 100% accuracy and a separate peer-review guarantee. Witwit said that if AI does the work, the company that built it should be accountable for it.
Customers
More than 35 CPA firms in the US use Clark, according to the company. It named CliftonLarsonAllen, Aprio, Kreischer Miler and Sensiba as customers. Clark said it judges its progress by how much time auditors no longer spend chasing documents, and it did not publish revenue or usage figures.
The company has not said how many people it employs. The Next Web described the Clerks as working on audits in a similar way to junior auditors, while human auditors still make the judgement calls and sign the final opinion.
Who invested and what the money is for
Touring Capital co-founder and general partner Priya Saiprasad described assurance as a business built on trust and said the firm sees Clark as the basis for a new way of running audit practices.
Clark's earlier $5m round, in September 2025, was led by Marathon Management Partners. The company did not say what stage that round was.
Clark said it will use the new money to hire senior staff in product, engineering and sales, to bring its Clerks to more firms and types of engagement, and to help CPA firms offer audit services to government clients. It also plans to work towards fully autonomous audit employees and to build continuous monitoring tools.
A crowded field
Clark is one of several startups applying AI to audit work. The Next Web noted that Andera raised $37m in June to automate internal audits, and that Benford is building an audit firm around its own software. The publication also pointed out that large accounting firms have been criticised for AI-generated errors in their reports.
Company website: getclark.com