Daylit launches free AI skills training for finance professionals
Daylit, which raised $110M for AI agents in accounts receivable, now offers a free AI-fluency course targeting finance professionals to bridge skills gaps in automation adoption.
The Wire — Page 4
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Daylit raises $110M for AI agents targeting accounts receivable automation
Daylit, an AI-powered accounts receivable automation platform, secures $110M funding to expand AI agents for wholesale distributors using NetSuite.
Auditoria.AI wins best FinTech award for AP/AR automation
Auditoria.AI named Best FinTech Solution for Accounts Payable and Receivable at 2026 FinTech Awards, signaling market recognition for AI-powered accounting automation.
CipherTax redacts PII locally before using AI for tax filing
CipherTax enables safe AI-assisted tax filing by automatically redacting personally identifiable information at the device level before sending data to LLMs, addressing privacy concerns in AI-drive...
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Bret Taylor's Sierra acquires YC-backed AI startup Fragment
Sierra, backed by Bret Taylor, acquires Fragment, a YC-backed AI startup, signaling consolidation in the AI-for-accounting space and expanding Sierra's agentic capabilities.
DrakeAI launches AI expense tracker powered by text logging
Startup launches DrakeAI, an AI-powered expense tracker that lets users log expenses via text message on iOS and Android, targeting personal finance management and bookkeeping automation.
TaxHacker launches self-hosted AI accounting app
New open-source AI accounting tool TaxHacker enables self-hosted tax and bookkeeping automation, appealing to users seeking privacy and control over financial data.
Black Ore's Tax Autopilot reaches general availability
Black Ore launches Tax Autopilot, an AI platform automating complex tax workflows with minimal human intervention, now available to all users.
Black Ore launches Tax Autopilot for broad CPA firm availability
Black Ore's Tax Autopilot automates tax preparation with explainability, linking findings to source documents and flagging items for human review—now available broadly to accounting firms.
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K1x Raises $175M for AI-Native Private Markets Tax Platform
K1x secures $175M growth funding led by Sumeru Equity to expand its AI-powered platform for private markets tax data, addressing a core accounting/tax workflow.
Daylit deploys AI agents to automate accounts receivable collections
Daylit launches AI agents for automated collections, helping 200+ companies recover hundreds of millions in outstanding receivables.
Regulus tackles AI reliability for small-firm tax advice
Regulus launches AI tool designed to provide accurate, trustworthy tax answers for small accounting firms, addressing hallucination and accuracy concerns in AI-generated tax guidance.
Dynamic cash forecasting helps multi-location businesses avoid shortfalls
Docyt explains how real-time cash flow visibility across multiple locations prevents payment timing mismatches and working capital crises as businesses scale.
Solo entrepreneurs cut bookkeeping time 30% with automation tools
ReceiptBot guides one-person businesses on automating bookkeeping to reclaim time spent on administrative tasks and focus on core work.
YC-backed Beglaubigt.de targets German accounting automation
Beglaubigt.de, a YC F24 startup, applies AI/automation to German accounting workflows, joining a cohort focused on AI-driven accounting transformation.
Juno raises $12M to automate 90% of tax prep busy work
Tax automation startup Juno lands $12M seed round with AI platform that handles repetitive data entry while preserving human review for liability-critical decisions.
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Modus raises $85M for AI-native accounting technology
Modus secures $85M funding round to accelerate AI technology development and expand partnerships with audit-focused accounting firms.
Digits launches outcome-based pricing for accounting firms
AI-native platform Digits shifts to outcome-based pricing model where accounting firms pay only when the software measurably reduces manual work.
Modus raises $85M to partner with audit firms and expand tech
Modus secures $85M in funding to deepen partnerships with audit-focused accounting firms and accelerate technology development.
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Digits shifts to outcome-based pricing for transaction automation
Digits launches pay-only-for-results model: accounting firms pay only for clients where the platform automates 95%+ of transactions with zero human intervention; underperforming clients are free.