Arnold & Porter Advises Bessemer Venture Partners on Securing US$113 Million Funding for Aiwyn
December 24, 2024
Arnold & Porter recently advised Bessemer Venture Partners in securing US$113 million in funding for Aiwyn, an accounting technology company, to improve firm operations and tax technology for Certified Public Accounting firms.
According to Aiwyn’s press release, the landmark investment will enable Aiwyn to evolve its payments and collections suite into a comprehensive practice management platform, including the development of the industry’s first universal client experience portal. The investment will also accelerate product development, allowing Aiwyn to integrate artificial intelligence and cloud technologies into the accounting technology sector.
The Arnold & Porter team was led by partners Andrew Varner and Carlyn Williams.
