Basis raises $100M Series B to automate accounting on-call workflows
Basis, an accounting automation platform, secured $100M Series B funding from Accel and Google Ventures, focusing on automating on-call operations for accounting teams.
Companies › Accel
Accel
Accel is a company in the Other space with 3 articles covering its platform and developments.
Accel Insights
Updated 6/16/2026
About Accel
Accel is a venture capital firm investing in AI-native enterprise software, including early-stage accounting and ERP solutions. The firm backs innovative companies building next-generation financial management tools powered by artificial intelligence and autonomous agents.
Recent News & Trends
- Major investment in Basis: Led a $100M Series B funding round for Basis, an AI accounting platform, alongside Google Ventures ("Chesterton's Wall")
- Focus on unified MCP architecture: Supporting Basis's expansion of Model Context Protocol (MCP) capabilities to create unified platforms for accounting teams ("Your team needs a unified MCP. Here's a recipe.")
- Agentic accounting momentum: Backing companies advancing autonomous accounting agents that can handle complex financial workflows with minimal human intervention
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Recent Coverage
Basis raises $100M Series B to unify accounting workflows with MCP
Basis, an AI accounting platform, closes $100M Series B from Accel and Google Ventures to expand unified Model Context Protocol (MCP) capabilities for accounting teams.
1 more from Basis Blog
Basis raises $100M Series B for AI accounting platform
Basis, an AI-powered accounting platform, closes $100M Series B led by Accel and Google Ventures to expand its agentic accounting capabilities.