Andera

Summary active Updated Jun 3, 2026

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Location San Francisco, CA
Founded 2024
Latest Stage Series A
Total Raised $37M
Sector
enterprise-software AI fintech audit

Investors

Shravan Reddy Pre-seed (PearX) (2025)
Pear VC Pre-seed (PearX) (2025)

Founders

Aryo Patel Co-Founder & CEO
Tinah Hong Co-Founder & CTO

About

Andera is a San Francisco-based AI-native platform that automates internal audit, handling control testing end-to-end from user access provisioning to complex financial controls like bad debt reserves 12. The platform processes hundreds of millions of tokens of financial evidence across Excel workbooks, PDFs, system screenshots, and journal entries to identify relevant documentation and render audit judgments 1. Co-founder and CEO Aryo Patel previously worked at Microsoft on Azure infrastructure scaling and on the trading desk at Jane Street; co-founder and CTO Tinah Hong previously built machine learning systems at Stripe and was a software engineer at Microsoft 2. The company was founded in 2024 2.

Funding History

Date Round Amount Lead Co-investors
2026-06-17 Series A $37M Lightspeed Venture Partners — 1234

What Investors Say

Lightspeed Venture Partners (investment memo): “Andera is more than a tool that assists with audit. It is the AI that thinks alongside the best audit minds in the world” 1.

What Founders Say

Aryo Patel, CEO: “Internal audit has not been meaningfully reimagined in decades, even as public companies spend thousands of hours collecting evidence, testing controls, and producing workpapers” 3.

Aryo Patel, CEO: “The models are already sufficiently smart. The hard problem is getting from billions of tokens to the 30,000 that matter” 1.

Sources

  1. Lightspeed Venture Partners, “Audit’s Moment Has Arrived. Why We Invested in Andera,” June 17, 2026, accessed June 2026. https://lsvp.com/stories/audits-moment-has-arrived-why-we-invested-in-andera/↩↩↩↩↩

  2. Tracxn, “Andera - 2026 Company Profile, Team & Competitors,” accessed June 2026. https://tracxn.com/d/companies/andera/__m0qQP0tm_QOZB9bXpDc18gwE4jbEXlxcUco50tukPFk↩↩↩↩

  3. Pulse 2.0, “Andera Raises $37 Million Series A To Automate Internal Audit,” June 18, 2026, accessed July 2026. https://pulse2.com/andera-raises-37-million-series-a-to-automate-internal-audit/↩↩

  4. The SaaS News, “Andera Raises $37M Series A,” June 2026, accessed July 2026. https://www.thesaasnews.com/news/andera-raises-37m-series-a/↩