Clark, a New York AI startup formerly known as uiAgent, launches Clerks — autonomous AI agents that perform audit tasks for CPA firms — and closes an $11 million seed round led by Touring Capital, bringing total funding to $16 million.

Clerks operate on Clark’s Material Intelligence platform, handling engagements from start to finish by reviewing documents, running tests, requesting missing information, and updating workpapers, while licensed CPAs retain judgment and sign-off.

The company plans to expand product, engineering, and sales teams to broaden Clerks’ adoption, support more audit engagements, and develop services for government auditing and continuous financial verification.

Priya Saiprasad, co-founder and general partner at Touring Capital, describes Clerks as enabling a new operating model for assurance, emphasizing trust in AI-enabled audits.

Clark emphasizes a 100% accuracy guarantee and a peer review guarantee, tying accuracy promises to financial accountability.

The goal is real-time verification of the economy with continuous monitoring to catch fraud and waste as they occur, reducing lag between transactions and audit findings.

Enes Witwit, Clark’s founder and CEO, highlights that the value of an accuracy guarantee is backed by financial commitment.

Clerks are assigned to audits like junior auditors, perform routine tasks, escalate issues, and will request missing information from clients to resume work, with CPAs retaining final sign-off.

The product model places CPAs in a supervisory role, aligning with Clark’s mission to reshape assurance through AI-enabled workflows.

Seed funds will be used to scale Clerks across more engagements, expand leadership, and extend services into government audits and continuous monitoring between audits.

Touring Capital’s Priya Saiprasad notes Clerks expand auditors’ capabilities without compromising trust in assurance.

More than 35 accounting firms, including CliftonLarsonAllen, Aprio, Kreischer Miller, and Sensiba, currently use Clark for audits, citing time saved on document chasing and increased focus on judgment.