Agentive
Agentive (now Punchcard) is a Palo Alto-based agentic AI platform that automates audit evidence collection, substantive testing, workpaper preparation, and financial statement review for CPA firms, internal audit teams, and government auditors.
- Company typePrivate
- Founded2023
- HeadquartersPalo Alto, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Agentive does
Agentive, operating legally as Substantive AI, Inc. and now doing business as Punchcard, is a Palo Alto-based agentic AI software company that builds tools for audit evidence collection, substantive testing, workpaper preparation, and financial statement review. The platform is organized around the "Punchcard" — a structured unit of audit work (a request, test, or review step) that AI agents complete while preserving human auditor review. Its product suite comprises four modules: CoAudit, an agent that reads source documents (contracts, invoices, bank statements, payroll, debt agreements, offering memos) and performs substantive testing with clickable citations; Request, a structured client evidence-request system with real-time tie-out feedback; Workpaper, an agent for detail testing, control testing, and contract review that outputs review-ready workpapers; and Financial Statement Review, an agent that ties trial balances to financial statements and checks disclosure completeness. The platform is SOC 2 Type II certified and GDPR compliant, and is used in production by named CPA firms including RSM, Richey May, and JLK Rosenberger, as well as in government audit engagements.
Agentive firmographics
Firmographics- Name
- Agentive
- Legal name
- Substantive AI, Inc.
- Website
- https://goagentive.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Agentive (now Punchcard) is a Palo Alto-based agentic AI platform that automates audit evidence collection, substantive testing, workpaper preparation, and financial statement review for CPA firms, internal audit teams, and government auditors.
- Ownership category
- akta.pro rank
Agentive industry classification
Industry- Product category
- Audit Automation Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Regulatory Readiness & Audit Automation (e.g., EU AI Act, NIST AI RMF, ISO/IEC 42001) (HDAAAMAE)
- akta.pro secondary industries
- Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE), Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent) (HDAAACAF), iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)
Keywords
Where Agentive is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Markets served
Agentive business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Implied subscription-based SaaS model for audit assurance platform. Enterprise pricing with per-engagement or subscription tiers suggested by demo booking and case study focus on CPA firms and audit organizations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Agentive product offering
Product offeringCore offering
Agentive (now Punchcard) builds an agentic AI platform for audit evidence collection, substantive testing, and workpaper preparation. The platform reads source documents such as contracts, invoices, bank statements, payroll records, and offering memos, extracts fields, runs audit procedures, and produces reviewable workpapers with reasoning traces and clickable citations for CPA firms and audit organizations.
Product overview
Punchcard (formerly Agentive) is an assurance system of action for auditors, consultants, and clients. The platform operates as a unified system with multiple punchcards — structured audit work units that can be sent to clients, completed by AI agents, and reviewed by auditors. The core products include CoAudit (substantive testing), Request (client evidence requests), Workpaper (detail testing and control testing), and Financial Statement Review (TB-to-FS tie-out and disclosure checks). The same operating system handles matching, testing, financial statement review, and more.
Differentiator
Problem solved
Functional benefit
Brands
- CoAudit: AI-powered substantive testing tool for audit teams that reads documents, extracts fields, runs comparisons, and outputs audit workpapers with citations.
- Request
- Workpaper
- Financial Statement Review
Products and services
- CoAudit Substantive testing agent that reads source documents (contracts, invoices, bank statements, payroll, debt agreements, offering memos), extracts fields, runs comparisons against assertions, and outputs audit workpapers with citations. Handles revenue/expense testing, search for unrecorded liabilities, and SOX controls testing. Delivers up to 10x efficiency on substantive testing.
- Request Structured client request system with per-selection flows, instant feedback when evidence does not tie out, and support for multiple evidence types including invoices, bank statements, and shipping documents. Designed for audit teams to manage client PBC requests.
- Workpaper Substantive-testing and control-testing agent that applies audit procedures with tolerances and tick marks. Reads source documents, runs procedures, reasons through assertions, and outputs workpapers with reasoning traces and clickable citations on every cell, ready for partner and peer review.
- Financial Statement Review Financial statement review agent that reads draft financials, ties balances to trial balance, checks disclosure completeness, and surfaces inconsistencies between notes and numbers. Includes TB-to-FS tie-out, disclosure checklist coverage, and cross-section consistency checks.
Quantifiable outcome
- Up to 10x efficiency improvement on substantive testing
- +2 more outcomes
Companies that use Agentive
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles2 records
Agentive technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
Agentive partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights6 records
Agentive competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Agentive social profiles
Digital presenceAgentive compliance and trust
Trust signalCompliance2 records
Agentive financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agentive leadership team
Management profileNumber of profiles
Profiles3 records
Agentive funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agentive M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agentive
What does Agentive do?
Agentive (now Punchcard) builds an agentic AI platform for audit evidence collection, substantive testing, and workpaper preparation. The platform reads source documents such as contracts, invoices, bank statements, payroll records, and offering memos, extracts fields, runs audit procedures, and produces reviewable workpapers with reasoning traces and clickable citations for CPA firms and audit organizations.
Is Agentive a public or private company?
Agentive is a private company. It is classified as venture growth investor backed and is currently operating.
When was Agentive founded?
Agentive was founded in 2023. It employs 1 to 10 people.
Where is Agentive based?
Agentive is headquartered in Palo Alto, United States, in the North America region.
How does Agentive make money?
One revenue line is on record: saaS Subscription.
Does Agentive have an API?
No public API is recorded for Agentive.
What industry is Agentive in?
Agentive's product category is Audit Automation Software. Its primary akta.pro industry code is HDAAAMAE, Regulatory Readiness & Audit Automation (e.g., EU AI Act, NIST AI RMF, ISO/IEC 42001), with a secondary code of HDAEANAE, Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies). Its NAICS code is 513210 and its SIC code is 7372.