Accordance, an AI-native platform built specifically for accounting and tax firms, announced its public launch today with $13 million in funding. The funding includes $10M in seed funding led by Khosla Ventures along with $3M in pre-seed funding led by General Catalyst. Other investors include Anthropic, NEA, Bain Capital Ventures, and Sequoia Capital. Built as the most sophisticated AI brain for tax and accounting, Accordance serves as an intelligent co-pilot for professionals, enabling them to handle the most intricate work and scale their expertise to deliver exceptional outcomes.
Read More – Aurva Raises $2.2M in Seed Funding
The Expertise Gap in Modern Tax and Accounting Teams
Tax and accounting work demands deep expertise across an ever-expanding web of regulations, exceptions, and edge cases. Professionals regularly encounter complex scenarios where they need specialized knowledge they don’t possess, forcing them to either spend hours researching or engage an experienced partner.
This leaves top talent mired in low-level work when the profession is facing existential challenges: 75% of CPAs are expected to retire in the next decade. Whether at boutique practices or large firms, the competitive advantage goes to those who can consistently deliver expert-level insights across the full spectrum of tax and accounting complexity.
Accordance’s Solution: World-Class AI for Tax and Accounting
Accordance is the world’s most intelligent tax and accounting AI expert—an AI system with comprehensive knowledge of global regulations, decades of synthesized professional experience, and the ability to navigate the most complex scenarios. The platform’s multi-agent system is trained on one of the most exhaustive libraries of authoritative federal, state, local, and international codices, spanning everything from core federal tax statutes and accounting standards to complex court precedents, international tax treaties, and evolving state and local ordinances. This AI expert consistently outperforms major foundation models, scoring higher on specialized tax and accounting reasoning tasks.
Through strategic research partnerships with OpenAI, Anthropic, and Stanford, Accordance ensures that each of their customers, from boutique outlets to nationwide firms to in-house teams, benefits from the latest advances made in frontier AI. Accordance has already found explosive customer growth, with usage expanding 10x in the past six months as practices integrate the AI expert into their daily workflows.
Accordance was founded by David Yue and Finsam Samson, former fintech founders and Stanford AI researchers. The company’s $13M in funding was led by Khosla Ventures and General Catalyst. Accordance is also being adopted in education, rolling out at institutions across the country, such as the USF School of Law.
Read More – Torus Raises $200M in Funding
