Basis, a New York–based AI agent platform for accountants, has raised $100 million in Series B funding at a $1.15 billion valuation.
Investors
The round was led by Accel, with participation from GV, Lloyd Blankfein, and existing investor Khosla Ventures. Additional backers include NFDG, Better Tomorrow Ventures, BoxGroup, and Avid Ventures, along with several angel investors and technology leaders.
Founded in 1983 and headquartered in Palo Alto, Accel is a global venture capital firm that partners with exceptional founders from inception through all phases of growth. The firm has backed category-defining technology companies across consumer, enterprise, and infrastructure sectors, with a long-term, founder-centric approach. Accel operates with a global footprint, investing across North America, Europe, Israel, India, and Southeast Asia.
Accel’s Miles Clements will join the board alongside Khosla Ventures’ Keith Rabois.
Basis Use of Funds
The company will use the funding to accelerate development of its AI agent platform and expand its engineering and machine learning teams.
About Basis
Founded by Matthew Harpe and Mitchell Troyanovsky, Basis is a company that develops AI agents specifically for the accounting industry. It provides accountants with a team of AI agents that understand accounting, learn specific client needs, work independently, and take real action. Headquartered in New York, the company is already working with several of the top accounting firms.
Funding Details
Company: Basis
Raised: $100.0M
Round: Series B
Funding Date: February 2026
Lead Investor: Accel
Additional Investors: GV, Lloyd Blankfein, Khosla Ventures, NFDG, Better Tomorrow Ventures, BoxGroup, Avid Ventures
Company Website: https://www.getbasis.ai/
Software Category: AI Accounting / Autonomous Agent Platform
Source: https://www.businesswire.com/news/home/20260224020999/en/