Last mentioned: Feb 25, 2026
Basis Series B
Basis announces $100M round at $1.15B valuation to scale its agentic AI platform.
Accrual Funding
General Catalyst invests $65 million in Accrual, another AI-for-accounting startup.
Altruist AI Launch
Altruist releases AI agents for tax planning, causing a dip in wealth management stocks.
Pennylane Funding
French startup Pennylane raises €175 million to expand its AI accounting platform.
Basis Founded
Basis is established to develop AI agent technology for the accounting sector.
AI accounting startup Basis has secured $100 million in Series B funding, reaching a $1.15 billion valuation led by Accel and GV. The company’s agentic AI platform aims to automate complex financial workflows, offering a direct technological solution to the chronic labor shortage and declining CPA pipeline in the United States.