What is Audit Services US?
Founded in 1997, Audit Services US, LLC specializes in comprehensive unclaimed property auditing for state governments. The company has recently invested in reorganizing its auditing programs, recruiting expert personnel, and expanding its compliance service portfolio. Its strength lies in its team of seasoned subject matter experts, including leaders in general ledger auditing, unclaimed property law, and securities compliance. Many employees possess over two decades of experience in the field, including former state administrators and industry veterans, positioning Audit Services US as a trusted partner for states seeking to improve reporting and compliance environments.
How much funding has Audit Services US raised?
Audit Services US has raised a total of $352K across 2 funding rounds:
Debt
$150K
Debt
$202K
Debt (2020): $150K with participation from PPP
Debt (2021): $202K led by PPP
What's next for Audit Services US?
The substantial capital infusion, contextualized as large-scale late-stage funding, suggests Audit Services US is poised for significant growth and market expansion. This strategic backing will likely fuel further development of its compliance services, enabling the company to address the complex challenges states face in managing unclaimed property. Future initiatives may include enhancing technological capabilities for auditing and reporting, expanding its client base across more states, and solidifying its reputation as a thought leader in the unclaimed property sector. The company's focus on collaboration with states indicates a strategy centered on deepening existing partnerships and fostering greater reporting compliance nationwide.
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