Petual, which automates internal audit work and generates auditor-ready workpapers, raised $20M across a pre-seed led by First Round and a seed led by a16z (Ryan Lawler/Axios)

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Petual raised $20M (pre-seed + seed) to automate internal audit workflows with AI-generated auditor-ready workpapers.

Categories: Money & Moves

Excerpt

<a href="https://www.axios.com/pro/fintech-deals/2026/04/23/petual-20m-ai-audit-software"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260423/i30.jpg" vspace="4" /></a> <p><a href="http://www.techmeme.com/260423/p30#a260423p30" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Ryan Lawler / <a href="https://www.axios.com/">Axios</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.axios.com/pro/fintech-deals/2026/04/23/petual-20m-ai-audit-software">Petual, which automates internal audit work and generates auditor-ready workpapers, raised $20M across a pre-seed led by First Round and a seed led by a16z</a></b></span>&nbsp; &mdash;&nbsp; - Other backers include Cowboy Ventures, Lachy Groom, the founders of Lyft and Opendoor, and other angels.</p>