Oath is a financial proof platform that continuously verifies every transaction, balance, and calculation across a company's financial systems, rather than relying on periodic, sample-based audits. Using AI to check all records in real time, Oath provides audit-grade assurance backed by insurance, so financial risk transfers off the client's books onto Oath's. The platform targets funds and private companies seeking ongoing, comprehensive verification of their numbers.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional audits are built around annual cycles and human work, but modern financial systems are automated, continuous, and too complex for a practice created in the 19th century. Stakeholders must wait for periodic, sample-based checks, leaving room for errors and undiscovered issues until long after they occur.
Solution
Oath is a financial proof platform that verifies every record on an ongoing basis, directly alongside the systems producing the numbers. The platform uses AI to check every transaction, balance, and calculation—not a sample—and delivers audit-grade assurance continuously rather than annually. By the time totals are reported, they've already been confirmed, and Oath backs its results with insurance so the financial risk of an error transfers off the client's books. Clients receive a record of irrefutable fact, where every transaction is checked, every total is traceable, and every claim is backed by evidence.
Target Audience
Primary customers are venture capital and private equity funds, employee benefit plans, non-profits, and other private companies and funds that require ongoing, comprehensive financial verification.
Features
- AI-powered verification of 100% of transactions, balances, and calculations, not just samples
- Continuous monitoring that runs at the speed and scale of modern financial software, without human interruption
- Audit-grade assurance delivered year-round, eliminating the need for annual reconstruction of trust
- Insurance-backed results that transfer financial risk from the client to Oath
- Coverage across venture capital, private equity, employee benefit plans, non-profits, private companies, and private funds