Soraban Closes Series A to Help Accounting Firms Grow with AI -- Not Chaos

Accounting has an execution problem — not for the accounting work, but for everything around it. Soraban's AI fixed the 60% of a firm's week they can't bill for.

PHOENIX, Aug. 12, 2025 /PRNewswire/ -- Soraban, the Intelligent Admin Copilot for accounting firms, today announced the close of its Series A funding round led by Altos Ventures. The accounting industry isn't just short on talent — it's drowning in unbillable tasks. While most automation tools focus on the tax work itself, Soraban targets the 40-60% of the workweek that firms can't bill.

"At Soraban, our mission is to eliminate the manual busywork that's draining accountants and admins — and costing firms real money," said Enoch Ko, CEO and Founder of Soraban. "The industry is hitting a wall. There simply aren't enough great professionals to keep up with demand. While others are still testing, Soraban has already gone through five tax seasons and is powering over 300 firms. This investment gives us the firepower to scale across more workflows and deliver a smarter, faster future for the profession."

Soraban is an Admin System built specifically for accounting firms — automating the task execution between your tax software and your clients. From client intake and document collection to workflow coordination and final delivery, Soraban streamlines the entire admin execution layer so firms can scale without chaos.

"Soraban has been a huge upgrade from our previous system. Clients love how easy it is, and the automated reminders have saved us countless hours. Even after losing a key admin, we've been able to maintain our volume — and we're excited to see where it goes next." said John Hopkins, Partner at Prospect Financial Solutions.

Soraban handles the manual work firms usually give to admins — or outsource altogether — and then goes a step further: it deskills work that once required accounting staff. It truly unlocks your admin staff so they can focus on creating a better client experience. Capacity increases without headcount, and the team spends more time doing work that actually drives revenue.

Grow without hiring: AI handles the repetitive tasks that used to require admin headcount.

Faster turnaround, happier clients: Firms cut turnaround time and boost client satisfaction — no training required.

More billable work, less burnout: Admins become workflow owners, not bottlenecks. Teams spend more time in their zone of genius. 

"Accounting firms aren't drowning in work, they're drowning in admin," said Cathy Anderson, investor at Altos Ventures. "Soraban doesn't just automate tasks; it rebuilds the back office from the client's point of view. Because when the client experience works, everything else does too—less chasing, more billing, and happier teams. That clarity comes from Enoch, an engineer and former accounting firm owner who's felt the pain firsthand. If you want to scale without the chaos, Soraban is the only tool you need."

About Soraban

Soraban is the most trusted Admin System for accounting firms. Purpose-built for accountants and admins and battle-tested through 5 tax seasons, we understand the pain. Soraban takes on tasks from client data collection, organizing workpapers, automating data entry to your tax software, and the final delivery to your client. Letting you use your time and expertise to create exceptional client experiences. Learn more at www.soraban.com

Media Contact:
Jenna Bayler
Soraban
399538@email4pr.com
217-840-0501

SOURCE Soraban