AI accounting and assurance platform Clark has introduced Clerks, which the company says are autonomous AI employees that perform audit work for CPA firms.
Clark also announced Nov. 2 an $11 million seed round led by venture capital firm Touring Capital, with participation from returning investors Marathon Management Partners, Rerail, and Sofeon Ventures. Including the $5 million round Marathon Management Partners led in September 2025, the financing brings Clark’s total funding to $16 million.
According to the New York City-based company, each Clerk is assigned to an engagement the way a staff auditor would be and works through audit areas such as reviewing documents, performing tests, and preparing workpapers. When something is missing, it requests it from the client, tracks the response. and picks the work back up the moment the information arrives, without anyone prompting it again.
Clerks run on Material Intelligence, Clark’s AI operating system. It combines an agent harness, document processing, and a multi-layered memory system modeled on human memory so a Clerk carries context forward the way an experienced auditor does, the company says.
Routine updates are handled quietly, and what deserves an auditor’s attention is escalated with the evidence attached. Licensed CPAs make the professional judgments, review the work, and sign the opinion.
In a LinkedIn post, Clark explains what Clerks bring to the table for accounting firms:
- Most AI in this profession is a chat box waiting for someone to type into it. A Clerk doesn’t wait. It stays on the work day and night, notices when a document lands at 11 p.m. on a Saturday, and gets started.
- Most tools ask firms to adopt a new methodology. Clerks work in the firm’s own audit program, checklists, and templates, and learn from every review note the way a good staff member does.
- Most vendors need months to build an integration. Clerks log in to the systems a firm already uses, the same way a staff accountant would.
- Most AI does math inside the language model and hopes for the best. Clark’s calculations run as real code, and every figure is cited to the exact spot in its source document.
- Most vendors bury “AI can make mistakes” in the fine print. Clark says it’s doing the opposite. It now offers a 100% accuracy guarantee and a peer review guarantee. CPAs sign their name to their work every day. If AI is doing part of that work, the company that built it should sign too.
“For as long as people have kept accounts, someone has had to check them. Today that checking happens once a year, long after the decisions it was meant to inform,” Enes Witwit, founder and CEO of Clark, said in a statement on Nov. 2. “Our Clerks don’t sleep. They stay on the engagement, chase what’s missing, and keep the work moving between the moments an auditor looks at it. Today they work alongside auditors. We are building toward fully autonomous audit employees, and toward an economy whose claims are verified as they happen, so fraud and waste are caught while the money is still there.”
Clark says it measures success not by how many alerts its AI produces, but by how much time auditors no longer spend chasing documents, and how much more they spend on the questions that deserve their judgment.
Formerly known as uiAgent, Clark says it will use the funding to expand its senior team across product, engineering, and sales; bring Clerks to more firms and more types of engagements; help CPA firms extend their audit services into government; and build toward fully autonomous audit employees.
The company is also working toward continuous monitoring that keeps findings current between audits, with each finding stating what it covers and when it was last checked.
“The goal is for a firm to tell its client, a regulator, or the public not just what was true at year-end, but what is true now,” Clark said in a media release.
In a statement, Priya Saiprasad, co-founder and general partner at Touring Capital, said, “Assurance is fundamentally a trust business, and AI creates an opportunity to dramatically expand what CPA firms can accomplish without compromising that trust. Clark’s Clerks don’t wait to be asked. They carry an engagement forward on their own, coordinating with clients and acting as new information arrives. We believe this is the foundation of an entirely new operating model for assurance.”
More information about Clark can be found here.
Photo caption: Clark founder and CEO Enes Witwit
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