Basis raises 100 million dollars for agentic AI accounting platform at billion dollar valuation

Basis secured $100 million in a Series B round led by Accel to scale its agentic AI platform. The startup now holds a valuation of $1.15 billion today.

Insights:
Basis, an artificial intelligence accounting startup, has completed a $100 million Series B funding round, valuing the company at $1.15 billion as of February 24, 2026. This significant financing highlights the intensifying investor appetite for agentic AI systems within the enterprise software sector. The deal comes at a time when venture funding for AI-linked firms in the United States USUS has climbed sharply, with investors increasingly prioritizing agentic AI and platforms that can handle complex, multi-step workflows.
The funding round saw participation from a prominent group of investors, including Accel, Khosla Ventures, and GV, formerly Google Ventures, which is a unit of Alphabet Inc. . Other participants in the financing included Running Point Capital Advisors, Lloyd Blankfein, and Michael Ashley Schulman. The Goldman Sachs Group, Inc. is also identified among the entities involved in the context of this transaction.
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