Maximor, a finance automation startup founded by former Microsoft executives Ramnandan Krishnamurthy and Ajay Krishna Amudan, has emerged from stealth with a $9 million seed round led by Foundation Capital, with participation from Gaia Ventures, Boldcap, and prominent angel investors including finance leaders from Ramp, Gusto, MongoDB, and Zuora.
The company’s platform replaces manual spreadsheet workflows with a network of AI agents that connect directly to ERP, CRM, and billing systems to unify financial and operational data in real time. By automating reconciliation, reporting, and audit preparation, Maximor reduces month-end close times and eliminates reliance on Excel-based processes.
Early adopters such as Rently report cutting closing times in half and reallocating staff toward strategic initiatives. Based in New York with operations in Bengaluru, Maximor employs 18 people and targets enterprises with over $50 million in revenue. The company’s AI-driven approach supports both GAAP and IFRS standards, positioning it as a scalable solution for global finance teams seeking faster, automated financial visibility.
Featured image: Credit: Maximor
