Accrual, a San Francisco–based AI-native accounting platform, has launched with $75 million in funding.
Investors
The round was led by General Catalyst, with participation from Pruven Capital, Edward Jones Ventures, and industry executives and founders.
General Catalyst is a global investment firm that partners with founders from seed to growth stages to build enduring companies. Headquartered in Cambridge, Massachusetts, with major hubs in San Francisco, New York, London, Berlin, and Bangalore, the firm manages over $40 billion in assets and has backed more than 1,000 businesses globally.
Accrual Use of Funds
The funding will support continued investment in product and AI development, team expansion, and onboarding accounting firms as Accrual scales.
About Accrual
Accrual is an AI-native accounting platform built for leading accounting firms. The platform unifies tax preparation and review into a single system, automating manual work while preserving the accuracy, controls, and auditability firms require. It supports complex real-world inputs such as K-1s, 1099s, spreadsheets, emails, photos, and large financial statements, and integrates with existing tax engines. Headquartered in San Francisco, California, Accrual clients include H&R Block, Armanino, Creative Planning, and other Top 100 accounting firms.
Funding Details
Company: Accrual, Inc.
Raised: $75.0M
Round: Series A
Funding Date: February 2026
Lead Investor: General Catalyst
Additional Investors: Pruven Capital, Edward Jones Ventures
Company Website: https://accrual.com/
Software Category: Accounting Automation / FinTech / AI Software
Source: https://www.businesswire.com/news/home/20260205968515/en/