Krux
February 27, 2026
30% of Top US Accounting Firms Now Use AI Agents
Published: February 27, 2026 at 12:36 AM
Updated: February 27, 2026 at 12:36 AM
100-word summary
Basis just raised $100 million at a $1.15 billion valuation, led by Accel with backing from Google Ventures and former Goldman CEO Lloyd Blankfein. The startup's AI agents handle end-to-end accounting tasks, including filing complex partnership tax returns. Already, 30% of America's 25 largest accounting firms have adopted the platform. That's not a pilot program statistic. It's a signal that AI is moving from assistant to accountant faster than anyone expected. The money will expand engineering and machine learning teams to meet demand that's clearly already here, not hypothetical.
What happened
Basis just raised $100 million at a $1.15 billion valuation, led by Accel with backing from Google Ventures and former Goldman CEO Lloyd Blankfein. The startup's AI agents handle end-to-end accounting tasks, including filing complex partnership tax returns. Already, 30% of America's 25 largest accounting firms have adopted the platform. That's not a pilot program statistic. It's a signal that AI is moving from assistant to accountant faster than anyone expected.
Why it matters
The money will expand engineering and machine learning teams to meet demand that's clearly already here, not hypothetical.