Synthetic, a San Francisco-based AI-native bookkeeping startup focused on software businesses, has raised $10 million in Seed funding.
Investors
The round was led by Khosla Ventures, with participation from Basis Set Ventures and operator-investors including Tobi Lütke, Kaz Nejatian, Zach Abrams, Cosmin Nicolaescu, and Michael Tannenbaum.
Khosla Ventures is a Silicon Valley-based venture capital firm founded in 2004. The firm specializes in early-stage investments in transformative technologies and high-impact startups across sectors such as artificial intelligence, healthcare, sustainability, and frontier technologies.
Synthetic Use of Funds
The company will use the funding to support the development and iteration of Synthetic’s autonomous AI bookkeeping platform.
About Synthetic
Founded by Ian Crosby, Synthetic is building autonomous AI bookkeeping software for startups. The company focuses on automating accrual-based bookkeeping workflows for software, SaaS, and AI businesses using AI systems designed to operate without human bookkeepers. Headquartered in San Francisco, California, Synthetic aims to make starting a software business as easy as starting a code repo.
Funding Details
Company: Synthetic, Inc.
Raised: $10.0M
Round: Seed
Funding Date: May 2026
Lead Investor: Khosla Ventures
Additional Investors: Basis Set Ventures, Tobi Lütke, Kaz Nejatian, Zach Abrams, Cosmin Nicolaescu, Michael Tannenbaum
Company Website: https://synthetic.ai/
Software Category: AI Bookkeeping / Accounting Automation
Source: https://www.businesswire.com/news/home/20260514241304/en