What is Confirmation?
Founded in 2000 and headquartered in Brentwood, Tennessee, Confirmation provides a specialized online audit confirmation platform designed to modernize the workflows of auditors and accounting firms. The platform serves as a critical bridge between auditors and financial institutions, automating the traditionally manual and error-prone process of verifying financial data. By digitizing these interactions, Confirmation enhances the integrity of the audit process, ensuring that firms can maintain rigorous regulatory compliance while significantly reducing the time required for audit completion. Its market position is defined by its deep integration into the global accounting ecosystem, serving as a standard-bearer for digital audit efficiency.
How much funding has Confirmation raised?
Confirmation has raised a total of $60M across 1 funding round:
Private Equity
$60M
Private Equity (2016): $60M with participation from Great Hill Partners
Key Investors in Confirmation
Great Hill Partners
Great Hill Partners is a Boston-based private equity firm that specializes in financing the acquisition, recapitalization, or expansion of growth companies across the financial technology, software, and information services sectors.
What's next for Confirmation?
With the support of its recent capital injection, Confirmation is well-positioned to scale its enterprise-level operations and expand its suite of audit-focused digital tools. The company is expected to leverage this financing to deepen its penetration into international markets and enhance its platform's interoperability with emerging accounting software standards. As the demand for transparent and secure financial reporting grows, Confirmation's strategic focus will likely shift toward integrating advanced data analytics and automated verification protocols, further cementing its role as an essential utility for the global audit profession. The firm remains a primary target for continued institutional interest as it navigates the next phase of its corporate evolution.
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