Audrey AI Raises $1.8m (€1.5m) to Scale AI Platform for Financial Auditing

Audrey AI, the Dublin-based startup building AI purpose-built for financial auditors, has closed a $1.8 million pre-seed funding round. The round is led by SVV (Sure Valley Ventures) and Delta Partners, with participation from Enterprise Ireland, Donnchadh Casey (ex-CEO Calypso), Conor Jones (ex-CBO Wayflyer) alongside former Big 4 auditors.

Financial auditing is a global market worth more than $100 billion, yet it remains one of the most manual professions in financial services. Qualified professionals spend the majority of their time in spreadsheets, chasing documents and testing evidence – manual work that drives up costs, squeezes time for higher value work and pushes talented professionals out of the industry. General-purpose AI tools have struggled with the messy tabular data and complex evidence workflows that define the profession.

Audrey AI was founded in 2025 by Ryan Loughran and David Burke, who met on the Founders programme at Dogpatch Labs.Loughran, who holds a degree in Accounting and an MBA from Stanford GSB, previously worked at McKinsey & Company and Qualtrics. Burke, formerly VP of Engineering at Inscribe, built document and data automation technology for regulated financial institutions.

The platform automates the most time-intensive, manual parts of an audit engagement; evidence gathering and testing. Purpose-built as an agentic system, it orchestrates messy client data and applies audit procedures end-to-end, eliminating context switching. Crucially, it learns how each firm audits, compounding in value the more it is used.

Audrey has piloted at top-10 and top-20 audit firms, delivering 85%+ time savings on client data collection, validation, and tests of detail, alongside measurable improvements in audit quality. The investment will fund growth across engineering and audit specialists as the company expands with firms across Ireland, the UK and beyond.

“Developers have Copilot, lawyers have Harvey, but auditors still primarily work in Excel,” said Loughran. “We’re building AI that understands auditing deeply enough to raise the bar on quality, not just speed, freeing auditors to focus on the judgment and oversight that matters most.” Liam Te-Wierik, Partner and Head of Digital Assurance at Grant Thornton Australia, echoed the focus on quality: “The value of Audrey lies in how it enables a step change in audit quality by redesigning the execution of manual procedures – not by changing our methodology, but by strengthening how it’s applied in practice. That’s the kind of innovation we believe will define the next generation of audit.”

Barry Downes, Managing Partner at SVV, described the investment as addressing “a critical pressure point for audit firms – chronic talent shortages and margin pressure in a heavily regulated industry,” adding that Audrey’s ability to “save 80-90% of time on repetitive work and tailor to each firm’s methodology gives it the unique ability to scale capacity and dramatically improve margins.” Dermot Berkery, Partner at Delta Partners and a former auditor himself, added: “Ryan and David have built something that doesn’t just automate tasks but raises the bar on audit quality across the profession. We’re excited to back them.”

About Audrey AI

Audrey AI is building agentic AI purpose-built for financial auditors. Its platform automates the manual workflows that dominate the audit process, from intelligent data requests and evidence gathering to automated review and transaction testing, allowing auditors to focus on judgment and client relationships rather than spreadsheets and document chasing.

Audrey AI generates smart, context-aware requests for client data, reviews submissions in real time and provides instant feedback, eliminating the back-and-forth that consumes a disproportionate share of audit hours. The platform adapts to each firm’s methodology, compounding in value the more it is used.

Audrey AI is headquartered in Dublin. For more information, visit tryaudrey.ai.

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