NYC Funding Report: AI Auditor Clark Raises $11M Seed Round
AI audit platform Clark raised an $11M seed led by Touring Capital; Logos drew $3.4M from ParaFi and VanEck; Summer closed $1.6M toward a $3M offering.
By Nathan Brooks
3 min read

What's News
- Clark raised $11M in seed funding led by Touring Capital, bringing total funding to $16M.
- Logos raised $3.4M from investors including ParaFi and VanEck, per an SEC filing with twelve investors.
- Summer closed $1.6M from sixteen investors toward a $3M total offering, with $29M raised to date.
- The three NYC deals total $16M in new commitments reported on February 11, 2026.
Clark, a New York startup selling autonomous AI employees that run audits for CPA firms, has raised an $11 million Seed round led by Touring Capital. Marathon Management Partners, Rerail and Sofeon Ventures joined the deal, according to the New York Tech Daily funding report for February 11, 2026. The round brings the company's total reported equity funding to $16 million — a sizable pool for a company founded only last year by Enes Witwit.
The $11 million check is the day's largest disclosed raise among NYC startups. Clark operates in two of the venture market's most durable spending categories: AI and enterprise software. Its pitch is narrow and specific — replace or augment the labor-intensive audit work that accounting firms bill by the hour.
What does this change for practitioners? For CPA firms, an autonomous AI auditor at seed-stage pricing signals that audit automation is moving from pilots into product. For investors, a $16 million total commitment into a one-year-old company shows seed checks for applied AI agents are still getting bigger, not smaller.
Where did the rest of the money go?
Two additional NYC deals surfaced through SEC filings rather than announced rounds.
Logos — $3.4 million. The digital asset infrastructure startup raised $3.4 million from investors including ParaFi and VanEck, according to a recent SEC filing that lists twelve investors in the round. Logos provides reusable, signed evidence about tokenized assets and stablecoins to financial institutions. Tom Zschach and Anthony Rose founded the company in 2026.
The backer list matters here. ParaFi is a crypto-native investment firm, and VanEck is a traditional asset manager with a growing digital assets business. An infrastructure play that draws money from both camps suggests institutions want verification plumbing for tokenized assets before the assets themselves scale.
Summer — $1.6 million. The workplace benefits platform raised $1.6 million in a close involving sixteen investors, per an SEC filing. The filing shows a total offering of $3 million, meaning roughly half the round remains open. Will Sealey founded Summer in 2017, and the company has now raised $29 million in reported equity funding.
Summer sits at the intersection of fintech and HR tech, helping employers offer student loan repayment assistance to employees. The $29 million lifetime total makes it the most mature company in today's batch — and the $1.6 million close reads more like a bridge or top-up than a fresh growth round.
What does the day's tally tell us?
The three deals total $16 million in new commitments across AI, blockchain infrastructure and employee benefits. Two of the three came through regulatory filings rather than press releases, which is common for smaller rounds and often signals companies still building quietly.
The spread also maps where NYC seed and early-stage money is flowing: an AI agent company at an $11 million seed, a tokenization infrastructure play backed by both crypto and traditional funds, and a nine-year-old fintech stretching its runway. The Enthuse Foundation's 8th Annual Pitch Night, scheduled for November 5 in support of women entrepreneurs, is the next marker on the city's funding calendar.
Clark's next move is the one to watch. With $16 million banked and an audit market full of billable hours to automate, the company has the runway to prove whether AI employees can hold up a CPA's workload — and whether Touring Capital's seed bet scales into something larger.
By Nathan Brooks, Business Bearings
Source: alleywatch.com
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News editor covering regulation, policy and their impact on entrepreneurship, startups and venture funding at Business Bearings.
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