Quanta, a San Francisco, CA-based accounting company empowered by AI, raised $4.7M in Seed funding.
The round was led by Accel with participation from basecase, Comma Capital, Designer Fund, and Operator Collective, as well as angel investors including Elad Gil.
The company intends to use the funds to expand operations and its development efforts.
Led by Helen Hastings, Founder and CEO, Quanta is an AI-powered accounting service provider that delivers:
- proprietary accounting software that updates in real-time through integrations with customers’ banking systems and existing stack of financial tools including Brex, Gusto, Mercury, Ramp, Stripe, and more.
- an automated validation system that ensures all accounting entries comply with each customer’s set policies.
- native tools including a Stripe integration and contract ingestion system that automates revenue recognition across multiple sources in addition to an accrual system that automatically builds schedules for prepaids and fixed assets.
- a dedicated financial expert via Slack, offering high-level strategic and creative guidance to drive key business decisions.
FinSMEs
28/02/2025