Mindflair (MFAI)  has announced a new investment by Sure Valley Ventures Fund III (SVV3) into Audrey AI, a Dublin-based startup developing an AI platform for financial auditors.

The pre-seed funding round raised US$1.8 million, led by Sure Valley Ventures and Delta Partners, with additional participation from Enterprise Ireland, Donnchadh Casey and Conor Jones, alongside several former auditors. Mindflair holds an interest in SVV3.

The capital will be used to scale Audrey AI’s platform and expand its engineering and audit specialist teams. The company is targeting growth across Ireland, the UK and wider international markets.

Audrey AI is focused on the global financial auditing market, valued at over US$100 billion, which remains heavily reliant on manual processes. Its agentic AI system is designed to automate key parts of audit engagements, particularly evidence gathering and testing.

In addition, pilot engagements with Top 10 and Top 20 audit firms have demonstrated a reduction of more than 85% in time spent on client data collection, validation and detailed testing, while also improving audit quality. The platform is designed to learn firm-specific methodologies, increasing efficiency over time.

Mindflair’s Director Nicholas Lee said: “Audrey AI represents a compelling application of agentic AI in a high-value, highly regulated sector. By automating the manual and repetitive workflows that have historically burdened the auditing profession, Audrey AI provides a critical solution to talent shortages and margin pressures. We believe the company is well-positioned to become a key infrastructure layer for the next generation of audit firms.”

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This investment highlights Mindflair’s continued focus on backing practical AI applications in large, underserved markets. Audrey AI’s early pilot results suggest meaningful efficiency gains in a sector still dominated by manual work. If adoption continues among larger audit firms, the company could establish itself as a valuable infrastructure provider within the evolving audit technology stack.