New York City, NY: Nine months after raising a $9 million seed round, Maximor has announced the expansion of its platform into an autonomous finance solution designed for the full office of the CFO.
The company said it has achieved 35x revenue growth, reached multi-million-dollar annual recurring revenue (ARR), and now processes 98% of finance transactions from start to finish without human intervention, marking a significant milestone in its growth journey.
The New York-based company said modern business expansion increasingly creates finance complexity.
As organizations adopt usage-based pricing, expand through acquisitions, or add new sales channels, finance teams are expected to manage more complicated revenue recognition, billing, cash management, and reporting processes while maintaining accurate financial records and enabling informed business decisions.
According to Maximor, this growing complexity has made finance functions a constraint on business growth.
To address this challenge, the company has expanded its offering beyond task automation into a fully autonomous finance platform capable of operating across the core finance function.
Finance Automation Has Reached Its Limit
Maximor said finance departments have historically relied on separate software tools for enterprise resource planning (ERP), billing, financial close, reconciliations, and reporting.
While these tools automate individual steps, finance professionals are still required to interpret exceptions, apply business judgment, and ensure transactions remain accurate and audit-ready.
The company believes conventional finance automation cannot take ownership of complete financial workflows because finance operations involve company-specific rules, judgment calls, historical precedents, and exception handling that traditional software cannot independently manage.
“Finance teams are not short of software. They are short of systems willing to take responsibility for the work,” said Ramnandan Krishnamurthy, CEO and Co-Founder of Maximor.
“The ERP records what happened. Maximor learns why it happened, executes what comes next and knows when to stop and ask. That is the difference between automating a task and running finance autonomously.”
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Autonomous Finance Platform for the Office of the CFO
The expanded Maximor platform introduces its Audit-Ready Agents™, which operate across multiple finance functions, including:
- Revenue recognition
- Billing
- Cash application
- Financial close
- Accounts payable
- Accounts receivable
- Multi-entity financial reporting
Rather than replacing existing finance software, the platform works within current technology environments by posting ERP entries, reconciling bank accounts, capturing bills, sending invoices, tracking approvals, and escalating decisions requiring human judgment through Slack.
The company said every action remains logged and traceable, allowing the ERP system to continue serving as the official system of record while Maximor functions as the operational system executing finance workflows.
According to the company, nearly 98% of transactions processed through Maximor are completed autonomously from beginning to end.
The remaining transactions are escalated only when the platform encounters unfamiliar situations. Once finance teams resolve those cases, the system learns how to handle similar scenarios in the future.
Growing Customer Adoption
Maximor said it now serves more than 25 customers across industries including:
- Software
- Manufacturing
- Construction
- Hospitality
- Consumer goods
The platform currently operates across hundreds of legal entities, thousands of bank accounts, and millions of transactions each day.
Customers reportedly reduce repetitive finance work by approximately 90% while lowering audit exceptions by around 75%.
In many deployments, finance teams no longer manually enter transactions into ERP systems, instead reviewing and approving work completed by the platform.
One deployment involved a global cybersecurity company whose finance department managed cash operations across 10 legal entities, seven currencies, and more than 20 banking relationships, requiring 20 accountants to manually reconcile financial data.
According to Maximor, its platform became operational in less than four weeks, generating audit-ready reconciliations within seconds and reducing the cash management team from 20 employees to five.
In another deployment involving a private equity-backed roll-up operating 14 business units and more than 30 subsidiaries, Maximor said it assumed responsibility for consolidation and back-office operations, reducing audit findings from seven to zero while lowering related spending by approximately 70% within six months.
The company said many customer engagements begin by addressing one accounting bottleneck before expanding into broader finance operations. Customers pay based on operational work delivered rather than software seats or licenses.
Sloan Session, CFO at Dura Software, said: “We looked at plenty of tools that automate individual finance tasks – you still end up with your team stitching the work together and owning every outcome.
With Maximor, it takes responsibility for the whole workflow, not just the task. It runs the operation but, critically, it knows when to pull us in. This builds trust. That trust is what keeps our finance function in step with how fast we’re growing.”
Founded on Enterprise Finance Experience
Maximor was founded in New York in 2024 by Ramnandan Krishnamurthy and Ajay Krishna Amudan, who previously led enterprise and finance transformation initiatives at Microsoft, supporting its internal operations as well as organizations including Coca-Cola and Walmart.
The founders said they recognized that traditional finance systems could record transactions but lacked the contextual understanding required to independently execute financial operations across complex business environments.
To support development, Maximor raised $9 million in September 2025 in a seed funding round led by Foundation Capital, with participation from Gaia Ventures, Boldcap, and other finance and technology investors.
Commenting on the company’s progress, Ashu Garg at Foundation Capital said: “Finance software has spent years automating individual tasks while leaving the team responsible for stitching the work together.
Maximor is moving the category from automation to autonomy. The company’s growth shows that CFOs are ready to hand over complete workflows when autonomy comes with the control and auditability finance demands.”
Long-Term Vision
Looking ahead, Maximor said its platform aims to move beyond autonomous finance operations by creating a verified, real-time understanding of how financial decisions flow through an organization.
The company believes this foundation can support improved forecasting, benchmarking, capital access, and strategic decision-making.
According to Maximor, its long-term ambition is to transform finance into the intelligence layer of every business, enabling organizations to understand current financial performance, anticipate future outcomes, and support leadership decision-making through autonomous finance operations.
