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FoundersFounders
1575

Alexander Hagerup

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Alexander Hagerup
CEO & Co-Founder of
Vic.ai (2016)
About

Alexander Hagerup is Co-Founder and CEO of Vic.ai, a pioneering AI platform transforming autonomous accounting and finance automation for enterprises worldwide. He is a serial tech entrepreneur and an Official Member of the Forbes Technology Council, driven by the social and ethical value of artificial intelligence.

Before founding

Alexander studied at BI Norwegian Business School and founded his first company at just 15 years old, building a strong foundation in technology entrepreneurship from an early age. He brings deep expertise in finance and accounting, having previously served as a board member of 24SevenOffice.com, the largest cloud accounting and ERP system in the Nordic region.

Founder Insights

Prior to Vic.ai, Alexander founded two other technology companies, including the Online Backup Company, which was funded by Northzone Ventures and later acquired by NASDAQ-listed J2 Global Inc. in 2014. His track record of building and exiting ventures underscores his ability to identify high-value market opportunities in tech.

Experience

At Vic.ai, Alexander has led the company from a seed-stage startup to a Series C company, raising a total of $115M from top-tier investors including ICONIQ Growth, GGV Capital, Cowboy Ventures, and Costanoa Ventures. Under his leadership, Vic.ai has grown its enterprise customer base and tripled its contracted annual recurring revenue in 2022 compared to the prior year.

Scale & Impact

Vic.ai has processed over half a billion invoices with up to 99% accuracy, helping 10,000+ customers achieve nearly $188 million in cost savings and 6 million hours in time savings. The platform has boosted customer productivity by 500%, establishing Vic.ai as a category leader in AI-driven accounts payable automation.

1575

Alexander Hagerup

Vic.ai
Co-Founder
Logo
Alexander Hagerup

Company(s)

Vic.ai

Industry

Fintech

Year Founded

2016

Stage/Funding

Series C • $115M

Company Location

us

Connect

About

Alexander Hagerup is Co-Founder and CEO of Vic.ai, a pioneering AI platform transforming autonomous accounting and finance automation for enterprises worldwide. He is a serial tech entrepreneur and an Official Member of the Forbes Technology Council, driven by the social and ethical value of artificial intelligence.

Before founding

Alexander studied at BI Norwegian Business School and founded his first company at just 15 years old, building a strong foundation in technology entrepreneurship from an early age. He brings deep expertise in finance and accounting, having previously served as a board member of 24SevenOffice.com, the largest cloud accounting and ERP system in the Nordic region.

Founder Insights

Prior to Vic.ai, Alexander founded two other technology companies, including the Online Backup Company, which was funded by Northzone Ventures and later acquired by NASDAQ-listed J2 Global Inc. in 2014. His track record of building and exiting ventures underscores his ability to identify high-value market opportunities in tech.

Experience

At Vic.ai, Alexander has led the company from a seed-stage startup to a Series C company, raising a total of $115M from top-tier investors including ICONIQ Growth, GGV Capital, Cowboy Ventures, and Costanoa Ventures. Under his leadership, Vic.ai has grown its enterprise customer base and tripled its contracted annual recurring revenue in 2022 compared to the prior year.

Scale & Impact

Vic.ai has processed over half a billion invoices with up to 99% accuracy, helping 10,000+ customers achieve nearly $188 million in cost savings and 6 million hours in time savings. The platform has boosted customer productivity by 500%, establishing Vic.ai as a category leader in AI-driven accounts payable automation.

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