Top 20 firm Citrin Cooperman announced Tuesday it has made an undisclosed investment in Tellen, an artificial intelligence platform for accounting firms, as part of a multiyear strategic relationship to build and deploy AI-powered audit solutions.
The investment builds on an existing collaboration between the firms and reflects Citrin Cooperman’s broader strategy to embed AI into core audit and quality management processes, officials say.
According to a May 19 media release, Tellen engineers will collaborate with Citrin Cooperman professionals to design, refine, and deploy Tellen’s AI platform for audit and assurance.
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“This investment reflects our belief that AI will fundamentally reshape the accounting profession,” Alan Badey, CEO of Citrin Cooperman Advisors, said in a statement. “We see an opportunity to support the continued evolution of assurance capabilities through technology, under the governance and standards of licensed CPA firms. Tellen’s platform aligns closely with that vision, and we are excited to help accelerate the next generation of AI-enabled audit workflows.”
Founded in 2023, New York City-based Tellen’s platform enables accounting firms to securely deploy intelligent agents trained on their own data, policies, and workflows, thus amplifying team efficiency, improving audit quality, and reducing manual effort, the company says.
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“We are proud to deepen our relationship with Citrin Cooperman as both a strategic investor and innovation collaborator,” Tellen CEO Deepak Lalit said in a statement. “Citrin Cooperman’s licensed CPA firm has been deeply engaged in helping us refine how AI can be applied within real assurance environments. Together, we are developing AI-native workflows designed to elevate assurance quality, improve operational efficiency, and modernize how firms deliver assurance services.”
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