Clark, the audit-automation startup formerly known as uiAgent, said Monday it raised an $11 million seed round led by Touring Capital, bringing its total funding to $16 million. The company announced the financing on November 2, 2026, and said more than 35 CPA firms now use its platform.
Alongside the funding, Clark introduced Clerks, AI employees designed to handle audit work while licensed CPAs retain final sign-off.
What Clerks does
The idea is that a Clerk joins a firm's team and completes defined audit tasks without needing instructions at each step. That description comes from CPA Practice Advisor's November 3 coverage of the launch, which attributes the product's capabilities to Clark. Licensed CPAs keep professional judgment, review and the final opinion.
Clark is also working toward continuous monitoring between audits, with findings that identify their coverage and the time they were last verified, CPA Practice Advisor reported. That remains development work, not a capability available to every customer.
It is not clear whether Clerks replaces Clark's earlier Ava agent, covers a broader product category, or simply runs under a parallel name.
The funding, and what it leaves out
The announcement did not disclose a valuation, individual investor commitments, ownership stakes, the financing instrument or a closing date. The figures are the company's own and have not been independently audited.
The earlier numbers are harder to square. Clark's announcement describes its September 2025 financing as $5 million. The original release from September 15, 2025, issued when the company was still called uiAgent, reported $4.6 million and called it a seed round. Axios Pro's Lucinda Shen also reported $4.6 million at the time. Clark's press index now labels that round "preseed," and the company has offered no reconciliation of the differences.
An indexed Series A page also sits on Clark's site. It reads as conflicting content, not evidence of a separate completed financing.
Marathon and Rerail appear among the investors alongside Touring, though neither firm's commitment to Clark was verified. Clark declined to disclose individual amounts, and no new board appointment tied to this round could be identified.
