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Celery Secures Fresh Funding to Anticipate and Prevent Costly Financial Errors Before They Happen
Celery Secures Fresh Funding to Anticipate and Prevent Costly Financial Errors Before They Happen

Associated Press

time13-05-2025

  • Business
  • Associated Press

Celery Secures Fresh Funding to Anticipate and Prevent Costly Financial Errors Before They Happen

As demand grows for AI-powered internal audit tools in labor-intensive industries, the company secured a seed funding round led by Team8 TEL AVIV, Israel, May 13, 2025 /PRNewswire/ -- Celery, a financial operations platform that leverages artificial intelligence to automate internal controls, today announced that it has raised $6.25 million in seed funding. The round was led by Team8, with participation from Verissimo Ventures, Centre Street Partners, 97212 Ventures, and additional strategic angel investors. This brings the company's total funding to $9 million. Designed for healthcare and other labor-intensive industries, such as construction, hospitality, and manufacturing, Celery replaces hours of manual reviews with intelligent audit agents that detect fraud, compliance risks, and financial inefficiencies in minutes, with no software setup or system integration required. Celery has rapidly evolved from a payroll auditing tool identifying discrepancies, policy violations, and overtime inefficiencies to a comprehensive financial monitoring system for corporate revenue and expenses. The company's solutions can reduce manual oversight by up to 91%, cut payroll costs by 0.6% on average, and deliver 8x ROI. To date, Celery has processed over 430,000 payslips, analyzed more than $550 million in payroll data, and prevented $2.3 million in losses for its customers. 'Finance leaders today are being asked to do more with less,' said Yuval Brot, CEO and co-founder of Celery. 'Yet, financial controls are still being done manually—often across massive spreadsheets and disconnected systems. We built Celery to replace this outdated workflow with real-time, automated oversight that's accurate, fast, and cost-effective.' Celery was founded by Yuval Brot (CEO), a serial entrepreneur; Noam Slomianko (CTO), a cyber expert and the first employee of Vulcan Cyber (acquired by Tenable); and Hillel Shalev (COO), a CPA and former biotech CFO who knows the challenges of managing complex, error-prone financial systems. 'I spent years chasing down revenue leakage errors and reconciling spreadsheets that should never have needed fixing,' said Shalev, co-founder and COO of Celery. 'I knew there had to be a smarter way—one that could reduce risk, flag unprofitable clients, and detect potential revenue losses, all while giving finance leaders confidence that nothing is slipping through the cracks.' Celery's solutions are already used by dozens of U.S. healthcare organizations, including New York-based provider Ultimate Care, which reduced its annual overtime and billing discrepancies by more than $200,000 after adopting the platform. Within weeks, the company found hidden payroll issues, gained immediate ROI, and automated their auditing process.. 'Finance leaders are under pressure to cut costs and ensure compliance, yet many still rely on manual oversight,' said Hadar Siterman-Norris, Partner at Team8. 'Celery gives CFOs precision and visibility into risks hidden in their data, enabling smarter, leaner operations. With 82% of CFOs increasing fintech spend in 2025, this is exactly the kind of high-ROI solution they're prioritizing. Automation is solving what manual reviews can't.' The company will showcase its platform later this month at LTC 100, alongside leading fintech investors and CFOs across the healthcare industry. The new capital will be used to expand Celery's go-to-market operations, accelerate product development, and launch new audit agents focused on expense review, fraud detection, and fixed asset controls. The company is also exploring channel partnerships with payroll providers and accounting platforms. About Celery Celery is an AI-driven financial oversight platform that helps finance teams catch costly financial errors — before they impact the bottom line. Built for healthcare and other labor-intensive industries, Celery replaces manual complex reviews with intelligent audit agents that detect fraud, compliance risks, and inefficiencies in minutes. Starting with payroll audits, the platform has expanded to revenue and expense monitoring, giving CFOs real-time visibility into profit gaps and opportunities for optimization. Founded in 2023, the company is trusted by leading U.S. healthcare providers and supports finance teams nationwide. Celery is SOC 2 certified. Learn more at Media Contact: Sivan Ron LoBello Communications [email protected] View original content: SOURCE Celery

People Are Sharing The "Unspoken Rules" That Would Make The World Suck Less If Everyone Followed Them
People Are Sharing The "Unspoken Rules" That Would Make The World Suck Less If Everyone Followed Them

Buzz Feed

time03-05-2025

  • General
  • Buzz Feed

People Are Sharing The "Unspoken Rules" That Would Make The World Suck Less If Everyone Followed Them

What creates a fair and just society? Some might say "laws." Those people are WRONG. The correct answer is "the social contract that we're all supposed to follow in order to not be total dicks." If you don't believe me, just check out this list of "unspoken rules" that people in this Reddit thread from Training_Celery_2852 (and this one from xXTophXx) think everyone should follow, and see if you agree by the end of it. NBC 1. "If someone is walking towards you and you're in a group, your group should move to single file if need be to let the person by instead of staying shoulder to shoulder." — misskck67 2. "If someone turns down alcohol, just let it go. No need to push or make it awkward." — Low_Importance_6254 3. "Don't stand still right at the entrance or exit of a door — move to the side and let people pass. It's just common courtesy." — Odd-Drawing8295 4. "[Don't] leave your shopping cart in the middle of the aisle while you go around the corner to get something elsewhere." — knarfolled 5. "Don't play loud videos in public without headphones." — Training_Celery_2852 6. "Treat every walkway like it has road laws. Don't stop in the middle of it, travel on the side you drive on, give way to those already on the main thoroughfare, and don't just walk out onto it." — IBrokeMy240Again 7. "Don't criticize someone's smile or laugh. It can make them feel self-conscious every time they're happy, and that's the last thing you want to do." — Brief_Sundae7295 8. "If someone shows you a photo on their phone, don't swipe." — HumbleSavage_ 9. "ALWAYS wash your hands after using a restroom, regardless of whether or not you think you need to." — pass_the_tinfoil 10. "If someone's wearing headphones in public, they don't want to talk." — MoodRingLorna 11. "Put your trolley back in the bay once you're done with it. Don't just leave it in the car park to wander freely." — dblake61331_ "Most British comment of the day." — SonOfWestminster 12. "Approach relationships with the campsite rule: leave it better than you found it." — handtohandwombat 13. "Base your opinions on facts." — TheMammaG 14. "Don't walk around and use speakerphone in public unless you have to. Nobody wants to hear your loud conversation." — Substantial-Dot672 15. "If you're hanging out with someone, try not to stare at your phone all f***ing day" — ToiletCrash 16. "If you've had to borrow something three times, you need one of your own. " — Kayge 17. "Leave some personal space when talking to someone." — None "I had a coworker like this before. I once moved our conversation like 30 yards by slowly moving and having her continuously close the distance. You should try it, it's fun to see how far you can move them before they catch on." — 1nsaneMfB 18. "Stand back from the f***ing elevator and let the other people out before you try to get on." "Edit: even though 22k of you agreed, the people in my building still don't seem to get it. I've started to stick my arms out in front of me as I walk out of the elevator, because f**k it." — None 19. "If you get on any form of public transport, don't sit next to someone if there are fully free seats. You weirdo." — CheekyCharlie84 20. "Don't call out someone who's quiet. Chances are they have nothing to say and you're only making them feel more awkward." — MizuCat_ 21. "Be excellent to each other. " And finally, because it's a very good point: 22. "Unspoken rules should be spoken; not everyone can read between the lines. Source: autistic guy in his 50s that had to learn a lot of unspoken rules the hard way, having spent a lot of his formative years utterly bewildered." — recycledcoder

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