NYC-based AI-powered accounting startup Basis raised a $34M Series A led by Khosla Ventures, with Nat Friedman, Jeff Dean, Adam D'Angelo, and others investing

AI-agent for accountants Basis raises $34 Mn

AI agents are revolutionizing tasks including accounting automation, transaction entries, error checks, and tool syncing. Basis, the AI agent raised $34M for Series A, is doing exactly this!  Backed by Khosla Ventures and tech giants, it looks to solve the accountant shortage. Accounting and AI Accounting might not scream “cutting-edge tech,” but it’s one of the industries most vulnerable to AI disruption and shake up!  A 2023 OpenAI paper conc…

Basis Raises $34M to Advance AI Agents for Accounting

New York-based Basis, which is developing artificial intelligence agents for accounting tasks, has raised $34 million in a Series A funding round led by Khosla Ventures. The startup focusing on a real-world application of AI also attracted other investors including NFDG, a fund founded by former GitHub CEO Nat Friedman and former Apple executive Daniel Gross; OpenAI board members Larry Summers and Adam D’Angelo; and Google’s chief scientist Jeff…

Major AI players back Basis with $34 million

AI accounting platform Basis received $34 million in Series A funding in a round led by Khosla Ventures which included former US Treasury Secretary Larry Summers plus officials from Google, OpenAI.

Khosla Ventures backs Basis AI as startup raises $34 million in Series A funding

Basis, an AI startup, has raised $34 million in a Series A funding round for its AI-powered accounting automation product on Dec. 17, according to the company’s statement. The round was led by Khosla Ventures as well as OpenAI board members Larry Summers and Adam D’Angelo. Typically, AI startups like Basis AI build platforms and models that leverage deep learning, natural language processing, and other advanced techniques to create customized so…

Basis raises $34m to transform accounting with AI-powered software

Basis, officially known as Essex Labs Inc., has recently announced a substantial boost in funding. According to Silicon ANGLE, the startup, which

AI Start-Up Basis Raises $34m For Accountancy Agent

Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make up for shortfall in human CPAs This article has been indexed from Silicon UK Read the original article: AI Start-Up Basis Raises $34m For Accountancy Agent The post AI Start-Up Basis Raises $34m For Accountancy Agent appeared first on IT Security News.