FinQuery, an AI-driven SaaS platform based in Atlanta, GA, has secured a $25M minority investment.

The funding round was led by Periphas Capital, with Lavelle Capital also participating. The funds will be used to accelerate product innovation and support strategic mergers and acquisitions.

FinQuery plans to enhance its capabilities in managing finance, accounting, and IT spend, aiming to bolster its position in the market. CEO George Azih emphasized the anticipated growth and expansion opportunities enabled by this investment.

With over 8,000 clients including public companies, universities, and government entities, FinQuery aims to provide deeper insights into spending and streamline accounting tasks.