AI Accounting Startup Basis Hits Unicorn Status With $100M Raise at $1.15B Valuation
Summary
AI accounting startup Basis rockets to unicorn status after securing $100 million in funding at a $1.15 billion valuation, backed by Accel, GV, and former Goldman Sachs CEO Lloyd Blankfein, signaling surging investor confidence in AI-driven financial services.
Key Points
- AI-for-accounting startup Basis reaches unicorn status after raising $100 million in a new funding round at a $1.15 billion valuation.
- Venture capital firm Accel leads the round, with participation from GV (formerly Google Ventures), former Goldman Sachs CEO Lloyd Blankfein, and existing investor Khosla Ventures.
- Basis's rapid rise to unicorn status reflects growing investor interest in AI-driven financial services as artificial intelligence continues to disrupt the accounting and finance industry.