Clark, the audit-automation startup formerly known as uiAgent, said Monday it raised an $11 million seed round led by Touring Capital, bringing its total funding to $16 million. The company announced the financing on November 2, 2026, and said more than 35 CPA firms now use its platform.
Alongside the funding, Clark introduced Clerks, AI employees designed to handle audit work while licensed CPAs retain final sign-off.
What Clerks does
The idea is that a Clerk joins a firm's team and completes defined audit tasks without needing instructions at each step. That description comes from CPA Practice Advisor's November 3 coverage of the launch, which attributes the product's capabilities to Clark. Licensed CPAs keep professional judgment, review and the final opinion.
Clark is also working toward continuous monitoring between audits, with findings that identify their coverage and the time they were last verified, CPA Practice Advisor reported. That remains development work, not a capability available to every customer.
It is not clear whether Clerks replaces Clark's earlier Ava agent, covers a broader product category, or simply runs under a parallel name.
The funding, and what it leaves out
The announcement did not disclose a valuation, individual investor commitments, ownership stakes, the financing instrument or a closing date. The figures are the company's own and have not been independently audited.
The earlier numbers are harder to square. Clark's announcement describes its September 2025 financing as $5 million. The original release from September 15, 2025, issued when the company was still called uiAgent, reported $4.6 million and called it a seed round. Axios Pro's Lucinda Shen also reported $4.6 million at the time. Clark's press index now labels that round "preseed," and the company has offered no reconciliation of the differences.
An indexed Series A page also sits on Clark's site. It reads as conflicting content, not evidence of a separate completed financing.
Marathon and Rerail appear among the investors alongside Touring, though neither firm's commitment to Clark was verified. Clark declined to disclose individual amounts, and no new board appointment tied to this round could be identified.
Customers, and the limits of the evidence
The "more than 35" CPA firm figure matches the threshold Clark used in its June 16, 2026 rebrand announcement. Public disclosures therefore say little about how quickly the customer base has grown since. Contract values, deployment scope and renewal status were not disclosed.
Clark's own case studies carry caveats. The Lilling employee-benefit-plan audit study is not a timed before-and-after test, and its capacity and financial scenarios are modeled, not measured. The CLA case study covers sampling, contributions and eligibility, not a complete audit, and its roughly 85% comparison rests on an allocated industry baseline rather than a measured reduction at CLA.
Company background
Corporate Compliance Insights reported on November 3, 2026, that Clark was founded in October 2024 and rebranded in July 2026. That conflicts with Clark's own rebrand announcement, dated June 16, 2026. Some aggregators list 2025 as the founding year.
Headcount is similarly murky. Signalbase lists 50 employees, while other directories show a range of 11 to 50. Neither is company-confirmed. Clark's careers page showed 21 open positions on November 3, 2026, including a founding product designer role.
Competition
Clark publishes comparisons against rivals on its blog, but these are vendor marketing and have not been independently validated. The Next Web's November 2 coverage discussed adjacent audit startups. Basis, an accounting AI company, announced a $100 million Series B led by Accel and Google Ventures, though that figure is more than six months old and should not be read as current.
Clark did not say how it plans to spend the new capital. For now, its open roles are the clearest public sign of where hiring is headed.
