Basis

AI Accounting Workflow Automationgetbasis.ai

Basis builds autonomous AI agents that execute end-to-end accounting workflows, including tax returns, financial statements, reconciliations, and audit tasks, for US accounting firms. The platform is used by approximately 30% of the Top 25 US accounting firms and hundreds of additional firms, sold via enterprise SaaS subscriptions with dedicated implementation support.

Company typePrivate
Founded2023
HeadquartersNew York, United States
Headcount101–250
GTM typeB2B
OfferingSoftware

What Basis does

Basis, legally Essex Labs, Inc., is a New York-based AI company founded in 2023 that builds autonomous AI agents for accounting workflows. The platform deploys specialized agents across the four core practice areas of accounting firms: Client Accounting Services (CAS), Tax, Audit, and Advisory. Agents execute complex multi-step tasks end-to-end, including partnership tax returns (Form 1065), financial statement preparation, reconciliations, journal entries, and technical accounting memos, collaborating with human accountants at key decision points and delivering finished work for review. Notable technical components include the autonomous 1065 tax return agent (an industry first), an internal Mantis orchestration layer for incident response, a Clueso bug-investigation agent that resolves approximately 78% of incidents on first pass, and a Satellite unified MCP server fronting 36 third-party providers with centralized security policy and OAuth-based access controls. The platform is SOC 2 Type II, ISO 27001, and ISO 42001 certified.

The company monetizes through enterprise SaaS subscriptions sold to accounting firms, with custom quote-based pricing, annual billing, and waitlist-based onboarding rather than published tiers. Distribution is sales-led, combining direct enterprise field sales with a dedicated Deployed Intelligence professional services team that guides workflow redesign at customer organizations, supported by Accounting Solutions Consultants and Sales Engineers. A Baker Tilly strategic collaboration extends reach to thousands of accounting clients through partner-led deployment. The customer base spans approximately 30% of the Top 25 US accounting firms and a broader footprint across the top 100, with named customers including Boulay, Clark Nuber, UHY, Berkowitz Pollack Brant, Wiss, MarksNelson, Pinion, and WilkinGuttenplan.

Basis has raised approximately $137.6 million across three rounds: a $3.6 million seed led by Better Tomorrow Ventures (October 2023), a $34 million Series A led by Khosla Ventures (December 2024), and a $100 million Series B led by Accel and GV (Google Ventures) at a $1.15 billion post-money valuation (February 2026), achieving unicorn status. The Series A announcement reported 10x revenue growth, and the company reports 20-50% efficiency gains for customers using its agents.

Basis firmographics

Firmographics

Name: Basis
Legal name: Essex Labs, Inc.
Website: https://getbasis.ai
Company type: Private
Founded year: 2023
Operating status: Operating
Headcount range: 101–250 employees
Short description: Basis builds autonomous AI agents that execute end-to-end accounting workflows, including tax returns, financial statements, reconciliations, and audit tasks, for US accounting firms. The platform is used by approximately 30% of the Top 25 US accounting firms and hundreds of additional firms, sold via enterprise SaaS subscriptions with dedicated implementation support.
Ownership category
akta.pro rank

Basis industry classification

Industry

Product category: AI Accounting Workflow Automation
NAICS: Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)
SIC: Services-Computer Programming Services (7371)
akta.pro primary industry: eSignature, Forms & Digital Workflow Platforms (HDAEAHAJ)

Keywords

AI accounting software
Accounting workflow automation
Tax preparation AI
Audit automation software
Enterprise AI agents

Where Basis is headquartered

Location

Headquarters

HQ city: New York
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Basis business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

AI Agent Platform Subscription: Enterprise SaaS subscription model providing AI agents to accounting firms. Pricing is not publicly disclosed but operates on a waitlist/onboarding basis suggesting quote-based enterprise pricing.

Pricing tiers

Model	Billing	Price
Subscription	Annual	Enterprise pricing for accounting firms

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Basis product offering

Product offering

Core offering

Basis provides an AI agent platform that autonomously completes multi-step accounting workflows for accounting firms, spanning tax preparation (including Form 1065 partnership returns), audit, client accounting services (CAS), and advisory practices. Agents understand accounting logic, learn firm- and client-specific preferences, work independently for hours, and collaborate with accountants at key decision points to deliver finished work for human review. The company also operates a dedicated Deployed Intelligence team that helps firms redesign workflows around the agents.

Product overview

Basis offers a unified AI agent platform for accountants with core modules for CAS (Client Accounting Services), Tax, Audit, and Advisory. The platform provides AI agents that autonomously complete complex accounting workflows end-to-end, collaborating with accountants at key decision points. Supporting infrastructure includes internal agents Mantis (on-call orchestration), Clueso (bug investigation), and Satellite (unified MCP server connecting to 36 external tools). The Deployed Intelligence team provides professional services for workflow redesign. The company reports 20-50% efficiency gains and serves approximately 30% of Top 25 accounting firms.

Differentiator

Problem solved

Functional benefit

Products and services

Basis AI Agent Platform Enterprise AI agent platform that autonomously completes multi-step accounting workflows across Client Accounting Services (CAS), Tax (including Form 1065 partnership returns), Audit, and Advisory practice areas for U.S. accounting firms. Agents understand accounting logic, learn firm- and client-specific preferences, work independently, and deliver finished work for human review.
Deployed Intelligence Service Professional services offering in which Basis's Deployed Intelligence team parachutes into customer accounting firms to redesign workflows around AI agents and guide the transition from software-driven to intelligence-driven accounting operations.

Quantifiable outcome

20-50% efficiency gains across accounting, tax, and audit practices
+3 more outcomes

Companies that use Basis

Customer profile

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Basis technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature6 records

Basis partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

DAX USminorGTM or Marketing Partner · 18 May 2026Partnership announced May 2026 to provide political advertisers exclusive access to premium audio inventory for the 2026 U.S. election cycle. Gives programmatic access to DAX's network reaching over 100 million U.S. listeners with L2 and Experian political data segments.
Baker TillycoreStrategic or Co-development Partner · 29 April 2026Baker Tilly and Basis announced a collaboration in April 2026 to expand AI-powered automation across thousands of Baker Tilly accounting clients. The partnership enables Baker Tilly to offer Basis AI agents to their client base, extending the platform's reach significantly.
MediaoceancoreTechnology or Integration · 14 April 2026Direct integration between Basis and Protected by Mediaocean announced April 2026, bringing AI-driven media quality, brand safety, and attention signals directly into campaign activation workflows. First step in Basis x Mediaocean collaboration to eliminate fragmentation across the media lifecycle.
WisscoreStrategic or Co-development Partner · 16 September 2024Strategic partnership announced September 2024 with Wiss, a leading accounting firm. Wiss uses Basis across the entire firm for tax, audit, and advisory practices. CEO Paul Peterson described Basis as 'the most powerful accounting AI we have seen.'

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Basis competitors and assessment

Company assessment

Direct peers

Vic.ai: AI-powered autonomous invoice processing and accounting workflow platform targeting enterprise accounting teams. Direct competitor in the AI-agent-for-accountants category with a similar focus on autonomous workflow completion for finance and AP.
Pilot: AI-augmented bookkeeping and back-office accounting service for startups and SMBs. Comparable in delivering AI-driven accounting outputs and serving firms/teams that outsource or automate core accounting workflows.
Botkeeper: AI bookkeeping and automation platform for accounting firms, combining machine learning with human accountants. Overlaps directly with Basis's pitch of automating repetitive accounting work within firm practices.
Digits: AI-native accounting and financial-close platform for startups and small businesses. Comparable as an AI-first accounting product aiming to autonomously run bookkeeping, close, and reporting tasks.
Numeric: AI-powered accounting close and reporting platform automating journal entries, reconciliations, and flux analysis for accounting teams. Directly comparable as an autonomous-accounting agent aimed at finance and accounting workflows.

Broad incumbents

Karbon: Workflow and practice-management platform purpose-built for accounting firms. Adjacent category leader for accounting-firm operations, increasingly layering AI features as competitive overlap intensifies.
Canopy: Practice management and client-engagement platform for accounting and tax firms. Comparable buyer base (accounting firms) and overlaps with Basis on automation and AI-driven workflow features inside practices.
Intuit (QuickBooks): Dominant SMB/cloud accounting platform with embedded AI agents (Intuit Assist) across bookkeeping, tax, and advisory. Largest incumbent in the AI-for-accounting space with massive distribution, though focused on smaller end of the market than Basis's Top 25 firm base.
Xero: Cloud accounting platform with AI-driven automation (Xero Analytics Plus, JAX) for accountants and SMBs. Comparable in providing AI-enhanced accounting workflow capabilities, though primarily serving smaller firms and direct SMBs.

Emerging players

TaxDome: All-in-one practice management for accounting and tax firms with workflow automation and client portals. Overlaps with Basis in targeting accounting firms and increasingly in automating firm workflows, though stronger on operations/CRM than autonomous AI outputs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Basis compliance and trust

Trust signal

Compliance3 records

Basis financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Basis leadership team

Management profile

Number of profiles

Profiles13 records

Basis funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Basis M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Basis

What does Basis do?

Is Basis a public or private company?

Basis is a private company. It is classified as venture growth investor backed and is currently operating.

When was Basis founded?

Basis was founded in 2023. It employs 101 to 250 people.

Where is Basis based?

Basis is headquartered in New York, United States, in the North America region.

How does Basis make money?

One revenue line is on record: AI Agent Platform Subscription.

Who are Basis's main competitors?

Direct peers on record are Vic.ai, Pilot, Botkeeper, Digits and Numeric. Broad incumbents are Karbon, Canopy, Intuit (QuickBooks) and Xero. TaxDome is listed as an emerging player.

Does Basis have an API?

No public API is recorded for Basis.

What industry is Basis in?

Basis's product category is AI Accounting Workflow Automation. Its primary akta.pro industry code is HDAEAHAJ, eSignature, Forms & Digital Workflow Platforms. Its NAICS code is 5412 and its SIC code is 7371.