Quild Mini🦄 #106: Vic.ai

This is the Quild Minicorn, highlighting one future of work minicorn daily - early-stage startups with statistically significant signals of becoming a unicorn.

Vic.ai helps accountants, CFOs, controllers, and accounts payable (AP) teams become more efficient and reduce errors on routine tasks such as invoice processing, approval workflows, and electronic payment processing.

Active founders: Alexander (CEO), Kristoffer (COO)

Signals:

1. Repeat exited founders

   1. Alexander founded the Online Backup Company, a backup and disaster recovery service for B2B, which was acquired by j2 Global/Ziff Davis (NYSE:ZD)

   2. Kristoffer built Telipol, a wireless carrier, which was acquired Hudya Group acquired

2. Fast team growth

   1. Grew 2x YoY to 76 employees

   2.  And hiring a lot more

3. Midas list investors

   1. Iconiq led series B

   2. GGV led series A

Till tomorrow, Kenn