Vic.ai

We develop accounts payable (AP) automation software powered by artificial intelligence. Our platform uses AI to minimize human input in tasks like invoice processing, replacing older rules-based systems with AI that learns from ingesting invoices.

Our platform handles invoice processing and expense management with VicCard™. It also provides analytics and insights. We help finance professionals, including CFOs, Controllers, and AP Managers, by automating tasks, offering real-time insights, and managing spending. Our goal is to reduce AP costs, optimize cash flow, prevent fraud, streamline operations, and improve vendor relations.

We have processed over half a billion invoices with up to 99% accuracy. More than 10,000 customers have saved approximately $188 million and 6 million hours. Our platform enables 5X faster invoice processing, achieves an 85% no-touch rate by month 6, and maintains 99% invoice accuracy without manual coding or setup. Customers often see a payback period of 7 months. We integrate with major ERP and accounting systems through our open API.

We were founded in 2017 and are headquartered in New York City and Oslo, Norway. Our investors include Iconic Growth, GGV Capital, Cowboy Ventures, and Costanoa Ventures. We also introduced VictoriaTM, an AI assistant, and a chat-based corporate card product for businesses.

Our mission is to empower finance teams through AI, allowing them to focus on strategic work that benefits businesses. We believe AI can help finance teams make data-driven decisions and achieve their full potential by removing operational inefficiencies.

Our core values are:

• People first: We value our customers, partners, and employees, focusing on their needs.
• Integrity is important: We lead by example with respect and sincerity, earning trust, and choosing responsible outcomes.
• We value honesty: We encourage honest opinions for self-improvement and business growth.
• We prioritize action: We take action and deliver results, creating value.
• Enjoy the process: We appreciate the process, impact, and challenges of growth.

We are a remote-first company with over 90 employees from more than 15 nationalities across four continents. Our work environment combines individual ownership with collaboration, encouraging innovation and translating ideas into solutions. We value impact, equity, humility, and authenticity, supporting personal and professional growth. Employees are encouraged to explore new ideas and solve problems creatively.

We provide a supportive environment with challenging and meaningful opportunities for career development. We also connect teams through regular meetups and in-person retreats.

We offer a range of employee benefits and perks, including:

• Competitive salary and stock options.
• A 401(k) plan with immediate participation, full vesting, and a 50% employer match on the first 4% contributed.
• Employer-paid medical, dental, vision, life, and AD&D insurance plans, including two health insurance options that are 100% free for employees and their families.
• Generous maternity and paternity leave.
• A monthly wellness stipend.
• A home office setup budget and coworking space stipend.
• Generous Paid Time Off (PTO) policy and holiday calendar.
• A quarterly dedicated volunteer day for employees.
• Virtual team-building events and company swag.
• In-person retreats for team connections.
• NY CitiBike membership (for employees in New York).
• We are an Equal Employment Opportunity employer committed to non-discrimination.