Basis

Basis is an AI accounting platform built around autonomous agents that work across accounting, tax and audit. In February 2026 it became the first pure-play AI accounting company to reach unicorn status, raising $100M at a $1.15B valuation, which made it one of the most watched names in the category.

What it does well, on the evidence so far: it aims at end-to-end agentic work for firms, statements, tax and expenses included, rather than a single task, and the scale of funding has let it build quickly and attract serious firms. The pitch is an AI staffer that handles routine production while your people review.

Where to be cautious: valuation is not the same as proven results, and independent, hands-on user reviews are still limited. Agentic platforms live or die on accuracy and trust in real client books, which only a longer track record can prove.

Best for: forward-leaning firms that want to put agentic AI across multiple workflows and are comfortable as relatively early adopters.

Verdict: one of the flagship bets in AI accounting, with the funding and ambition to match. Treat the hype with healthy scepticism, pilot it on lower-risk work first, and judge it on accuracy and reviewability in your own practice rather than on the headlines.