Basis, an AI agent platform for accountants, has raised $100m in a Series B round, putting the company’s valuation at $1.15bn (S$1.45bn). The financing was led by Accel, with partner Miles Clements involved in the deal. Google Ventures (GV) and former Goldman Sachs chief executive Lloyd Blankfein also participated, alongside Khosla Ventures and other investors. Basis positions its technology as a response to mounting pressure on accounting practices, citing long-term staff shortages and growing client ...

Core Insights - DynaTax AI has launched an AI-powered bookkeeping and tax support platform aimed at small business owners in the US, designed to streamline financial transaction organization and tax document management [1][2] Group 1: Platform Features - The platform includes tools such as AI-led transaction categorization, smart document handling, and mobile-friendly access, which are intended to alleviate tax-related stress and enhance compliance confidence for business owners [2] - An integrated AI assistant provides plain-English tax guidance, specifically tailored for freelancers, truck drivers, realtors, contractors, and small enterprises [2][3] Group 2: Founder Insights - DynaTax AI's founder, Chau Tran, emphasized the need for clarity and confidence among small business owners, stating that the platform acts as a financial co-pilot to help users understand their financial situation and prepare for tax season [3] Group 3: Future Developments - The company plans to introduce a Pro Firm Subscription for certified public accountants and tax professionals, which will include a Firm Management Suite launching next month, followed by a Professional Marketplace in April 2026 to connect verified tax professionals with clients [4]

Core Insights - uiAgent has raised $4.6 million in seed funding to enhance its automation technology for accounting firms and large enterprises [1][4] - The funding round was led by Marathon Management Partners, with additional contributions from Rerail [1] - The platform aims to alleviate excessive workloads for accountants, improving client response times, satisfaction, and the quality of deliverables [1][2] Company Overview - uiAgent is based in New York and focuses on automating routine tasks in client accounting services, tax, and audit workflows [2] - The platform is designed to provide a fast and secure solution without complex implementations or high setup costs [2] Financial Performance - uiAgent has achieved seven figures in annual recurring revenue (ARR) within less than a year [3] - The platform is currently collaborating with several top 100 accounting firms and is reported to save clients thousands of hours annually [3] Technological Impact - The platform features a library of AI agents that streamline essential processes in audit and client accounting services [4] - Key performance improvements reported include an 80% reduction in manual data entry, a 25% faster monthly close, and a 35% decrease in time for employee benefit plan audits [4]