Basis news and trends

Basis Raises $34 Million to Deploy AI Agents for Accountants
artificial intelligence // December 17, 2024

Basis has raised $34 million in a Series A round to expand its deployment of artificial intelligence (AI) agents designed to help accountants. “We’ve raised $34m to accelerate our goal of equipping every accountant with a team of AI agents,” the company said in a...

Accounting Industry Ripe for GenAI Integration, Andreessen Horowitz Says
artificial intelligence // June 27, 2024

Artificial intelligence (AI) is poised to change the accounting industry, according to a new report from venture capital firm Andreessen Horowitz. As large language models (LLMs) continue to advance, AI is becoming a crucial component in various sectors, with accounting firms particularly eager to harness...

Recon, Intel’s Latest Acquisition Of A Series In Wearable Technology
Acquiring // June 18, 2015

Vancouver-based Recon Instruments, a smart eyewear company, was bought yesterday (June 17) by wearable-tech-hungry Intel, after buying smartwatch maker Basis last year. According to Recon CEO Dan Eisenhardt’s blog post, Intel, which wants to play an active role in the wearable revolution, is an ideal partner....

Quick Reads
Basis Raises $34 Million to Deploy AI Agents for Accountants

December 17, 2024
Basis has raised $34 million in a Series A round to expand its deployment of artificial intelligence (AI) agents designed to help accountants. “We’ve raised $34m to accelerate our goal of equipping every accountant with a team of AI agents,” the company said in a Tuesday (Dec. 17) post on X. The round was led […]