KPMG Advances AI-Enabled Compliance with Minority Equity Investment in Anecdotes

Investment underscores KPMG’s commitment to innovation in compliance

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NEW YORK, May 20, 2025 — KPMG LLP, the tax, audit and advisory firm today announced a minority equity investment in Anecdotes, a data-driven governance, risk and compliance (GRC) startup focused on transforming enterprise companies. This investment underscores the firm’s ongoing commitment to harnessing AI and innovation to help compliance programs and processes to be faster, more agile and scalable as organizations respond to today’s complex risk and compliance environment.  

Anecdotes redefines how companies collect, structure and operationalize data to enhance rapid, risk-informed decision making. This robust data foundation is essential for building and deploying AI capabilities and supports KPMG’s broader strategy of advancing AI across the enterprise. 

“Anecdotes' technology transforms data into information enabling actionable intelligence and AI,” said Thomas Mackenzie, Audit Chief Technology Officer at KPMG. “This investment strengthens KPMG’s ability to leverage data as an asset, adding exciting and differentiating capability to our technology ecosystem powering our AI and agentic workflows."

This investment aligns with the firm’s commitment to delivering an AI-enabled and people-powered compliance experience for clients, pairing technology with KPMG’s domain insights and oversight to enhance quality.

“Our collaboration with KPMG represents a pivotal moment in our mission to revolutionize how organizations approach compliance,” Yair Kuznitsov, CEO and Co-founder of Anecdotes.  “KPMG shares our commitment to turbo-charging compliance for enterprise organizations with real-time data and insights.”

“Two-thirds (68%) of organizations are using specialized technology, AI or advanced analytics to manage risks, according to KPMG’s recent Risk and Resilience survey,” said Tim Phelps, Risk Services Leader at KPMG LLP. “C-suite leaders are increasingly looking to sophisticated tools like GRC platforms and real-time analytics to make smarter, more agile decisions and build business resilience in today’s volatile environment.”

Today’s announcement builds on several KPMG investments in AI startups including LlamaIndex, Ema, Wokelo.ai, Auditoria, and more, further solidifying the firm’s commitment to positioning itself as a leader in the AI and innovation space. The firm also recently announced the deployment of AI agents into KPMG Clara, the firm’s global smart audit platform. Explore the full KPMG Ventures portfolio and learn more about KPMG Clara’s enhanced capabilities. 

About KPMG LLP

KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 143 countries and territories and has more than 273,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity and eradicating childhood illiteracy. Learn more at www.kpmg.com/us.

About Anecdotes

Anecdotes is a leading provider of GRC technology solutions, offering a comprehensive platform that helps organizations automate and streamline their compliance and risk management processes through advanced AI and data analytics capabilities.