Startup
Aiwyn
Practice automation for larger CPA firms: engagement letters, billing, payments and collections, expanding into tax technology after raising $132m from KKR and Bessemer and buying QuickFee’s US payments business.
| Founded | 2020, Charlotte, North Carolina |
|---|---|
| Founders | Justin Adams, Tanner Fritz, Pat Morrell |
| Stage | Venture-backed; the $113m round was announced without a series letter |
| Total funding | $132m |
| Last round | $113m, December 2024, from KKR and Bessemer Venture Partners |
| Acquisitions | QuickFee’s US payments business, September 2025 |
| What it does | Client engagement, billing, payments and collections automation for firms, a practice management product (Aiwyn Practice: time, billing, projects and resource planning) and Aiwyn Tax, a core tax system rolling out through a waitlist |
| Traction | 840 firms at the end of 2025 |
| Pricing | Not published; sold to firms |
| Markets | US |
| Peers | Anchor, Karbon, Ignition, TaxDome, Canopy |
Funding
- Announced rounds
- US$113m
- Round
- Round, US$113m, December 2024, led by KKR and Bessemer Venture Partners
Why it matters
Aiwyn raised $113 million from KKR and Bessemer in December 2024, the largest round any practice management company has taken, then bought QuickFee’s US payments business and is moving into tax preparation with its own product. With 840 firms as customers it is the best-capitalised challenger to the incumbent firm software vendors.
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