Petual, a San Francisco, CA–based AI-powered platform for audit and compliance, has raised $20 million in funding.
Investors
The round includes backing from Andreessen Horowitz, First Round Capital, Cowboy Ventures, and Elad Gil.
Petual Use of Funds
The company plans to use the funds to accelerate product development and expand its go-to-market efforts.
About Petual
Founded by Snir Kodesh, Petual is an AI-powered audit and compliance platform designed to transform internal audit and SOX functions into AI-native operations. The company leverages agentic AI to automate labor-intensive audit workflows, such as evidence collection, control testing, and workpaper generation. Its platform processes both structured and unstructured data, including PDFs, spreadsheets, and screenshots, to produce auditor-ready documentation with traceable reasoning. Early Petual customers include companies from the S&P 500 and NASDAQ-100, spanning industries such as energy, software, infrastructure, manufacturing, and financial services.
Funding Details
Company: Petual, Inc.
Raised: $20.0M
Round: Seed
Funding Date: April 2026
Lead Investor: Andreessen Horowitz
Additional Investors: First Round Capital, Cowboy Ventures, Elad Gil
Company Website: https://petual.ai/
Software Category: AI Audit / Compliance / Enterprise Software
Source: https://www.prnewswire.com/news-releases/petual-raises-20m-to-bring-agentic-ai-to-enterprise-audit-and-compliance-302751889.html