Nominal, a New York-based startup, raised $20 million to enhance financial planning with agentic AI, bringing its total funding to $30 million. The company addresses the declining number of Certified Public Accountants (CPAs) by automating accounting tasks, which is crucial as many accountants retire. Cofounders Guy Leibovitz and Golan Kopichinsky previously sold their AI startup Cognigo for $70 million. Nominal's AI solution integrates with existing enterprise resource planning systems, assisting CFOs and controllers to reduce errors and manual labor while automating financial tasks.
Nominal plugs into a company's existing enterprise resource planning (ERP) system and helps CFOs and controllers automate tasks to reduce manual work and errors.
Nominal's new round brings its total funding to $30 million. Next47 led the round, which included participation from Workday Ventures, Bling Capital, and Hyperwise Ventures.
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