# Basis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basis-3

- Industry: Software
- Headquarters: New York, US
- Website: www.getbasis.ai
- Total disclosed funding: $141M
- Latest round: Series B (Feb 24, 2026)
- Investors on record: 7

## About

Based in New York, US, and founded in 2023, Essex Labs, Inc. doing business as Basis operates as a software development firm that offers an artificial intelligence-based platform for accounting firms. In February 2026, Basis raised USD 100 million in series B funding led by Accel, with participation from GV, Khosla Ventures, NFDG Ventures, Better Tomorrow Ventures, BoxGroup, and Avid Ventures.

The firm offers an artificial intelligence platform for accounting firms that provides accountants with a team of artificial intelligence assistants to help them with a variety of tasks, including tax, accounting questions, workflows, streamlining tasks such as closing books, adjusting entries, reconciling accounts, compiling financial statements, and generating work papers.

The firm plans to use the February 2026 funding to build more capable AI agents for accounting tasks and to grow its engineering and ML staff.

## Funding rounds

- Series B, Feb 24, 2026, $100M — Accel, Khosla Ventures, GV, BoxGroup, Avid Ventures, Better Tomorrow Ventures, NFDG Ventures
- Series A, Dec 15, 2024, $38M — Khosla Ventures, BoxGroup, Avid Ventures, Better Tomorrow Ventures, NFDG Ventures
- Seed, Oct 18, 2023, $3.6M — BoxGroup, Avid Ventures, Better Tomorrow Ventures

## Investors

- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A, Series B
- Avid Ventures (https://capitalatlas.ai/funds/avid-ventures) — Seed, Series A, Series B
- Better Tomorrow Ventures (https://capitalatlas.ai/funds/better-tomorrow-ventures) — Seed, Series A, Series B
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- NFDG Ventures (https://capitalatlas.ai/funds/nfdg-ventures) — Series A, Series B
- Accel (https://capitalatlas.ai/funds/accel) — Series B
- GV (https://capitalatlas.ai/funds/gv) — Series B