HomeUSABasis Raises $3.6M in Funding

Basis Raises $3.6M in Funding

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Basis

Basis, a NYC-based AI platform for accounting firms, raised $3.6M in funding.

The round was led by Better Tomorrow Ventures with participation from BoxGroup, and Avid Ventures.

The company intends to use the funds to further develop and scale its platform.

Founded in 2023 by Mitchell Troyanovsky and Matthew Harpe, Basis is an AI platform for accounting firms, which sits alongside existing software and gives accountants a team of AI assistants to streamline workflows, helping firms improve the quality and efficiency of their work.

Now, the company is publicly announcing its first two products: an AI assistant called “Basis Intern” designed to help accountants with tax and accounting questions and workflows, and “Basis Accountant,” which sits alongside existing software and gives accountants a team of AI assistants to streamline tasks such as closing books, adjusting entries, reconciling accounts, compiling financial statements, generating work papers, and more.

FinSMEs

23/10/2023

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