Soraban, an intelligent admin copilot designed for accounting firms, has closed its Series A funding round, with Altos Ventures leading the investment.
The company said that the accounting sector is currently facing significant challenges, particularly in managing unbillable tasks that consume a substantial portion of the work week.
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Soraban aims to address this issue by automating the administrative processes that typically fall outside of billable hours.
Unlike many automation tools that focus solely on tax-related tasks, Soraban is specifically engineered to streamline the administrative execution layer between tax software and clients.
The platform facilitates various processes, including client intake, document collection, workflow coordination, and final delivery, thereby enabling firms to scale their operations more efficiently.
Cathy Anderson, investor at Altos Ventures, said: “Accounting firms aren’t drowning in work, they’re drowning in admin.
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By GlobalData“Soraban doesn’t just automate tasks; it rebuilds the back office from the client’s point of view. Because when the client experience works, everything else does too—less chasing, more billing, and happier teams.
“That clarity comes from Enoch, an engineer and former accounting firm owner who’s felt the pain firsthand. If you want to scale without the chaos, Soraban is the only tool you need.”
By automating manual tasks that are often delegated to administrative staff or outsourced, Soraban not only reduces the burden on accounting firms but also simplifies work that previously required skilled accounting personnel.
This innovation allows administrative staff to concentrate on enhancing client experiences, ultimately increasing capacity without the need for additional headcount and allowing teams to focus on revenue-generating activities.
Soraban founder and CEO Enoch Ko said: “At Soraban, our mission is to eliminate the manual busywork that’s draining accountants and admins — and costing firms real money.
“The industry is hitting a wall. There simply aren’t enough great professionals to keep up with demand. While others are still testing, Soraban has already gone through five tax seasons and is powering over 300 firms.
“This investment gives us the firepower to scale across more workflows and deliver a smarter, faster future for the profession.”
