RSS Aiwyn Secures $113 Mln To Redefine Firm Operations, Tax Technology For CPA Firms

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 RSS Aiwyn Secures $113 Mln To Redefine Firm Operations, Tax Technology For CPA Firms

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Aiwyn, an innovator in accounting technology solutions, announced on Thursday that it has successfully raised $113 million in funding to advance firm operations and tax technology for Certified Public Accountants. This strategic financing round is spearheaded by KKR & Co. Inc. and Bessemer Venture Partners.

Based in North Carolina, Aiwyn plans to use these funds to develop its payments and collections suite further and drive forward its product development initiatives. Significantly, KKR is channeling this investment through its Next Generation Technology III Fund.

In pre-market trading, KKR's shares have risen, currently valued at $147.90, marking a 3.46% increase on the New York Stock Exchange.

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