Fenwick represented Vic.ai, an AI platform for autonomous accounting and financial intelligence, in its $52 million Series C financing. The round was co-led by GGV Capital and ICONIQ Growth with participation from existing investors Cowboy Ventures and Costanoa Ventures.
Vic.ai will use the funds to add industry-pioneering modules to its platform in 2023 to help enterprises optimize their finance processes and make more informed data-driven decisions. More information can be obtained from the company's announcement.
The Fenwick transaction team was led by corporate partner Michael Esquivel and included associates Feihong Xu, Will Black and Meghan Bell.