Stanford dropouts’ AI startup Accordance raises $13M from Khosla Ventures, General Catalyst for tax & accounting AI - Tech Startups

Stanford dropouts’ AI startup Accordance raises $13M from Khosla Ventures, General Catalyst for tax & accounting AI - Tech Startups

Accounting firms are running headfirst into a talent crisis. Seventy-five percent of CPAs are expected to retire in the next decade, while younger professionals are increasingly reluctant to take their place. The result is an industry facing more regulations, more […] The post Stanford dropouts’ AI startup Accordance raises $13M from Khosla Ventures, General Catalyst for tax & accounting AI first appeared on Tech Startups.

Accordance Debuts AI Platform for Tax Pros with $13M Khosla Backing

In the fast-evolving world of financial technology, a new player has emerged with ambitions to revolutionize how accounting firms handle complex tax and regulatory challenges. Accordance, a San Francisco-based startup, officially launched its operations this week, introducing an AI-native platform designed specifically for tax and accounting professionals. Founded by David Yue, a Stanford dropout and Y Combinator alumnus, and Finsam Samson, the …

Accordance launches to offer AI accounting and tax solutions

Accordance has publicly launched with $13m in funding to provide artificial intelligence (AI)-powered accounting and tax solutions.   The funding comprises $10m in seed funding led by Khosla Ventures and $3m in pre-seed funding led by General Catalyst.   Other investors include Anthropic, NEA, Bain Capital Ventures, and Sequoia Capital.   Accordance was developed by former fintech founders and Stanford AI researchers David Yue and Finsam Samson …