Overview
San Francisco-based Accrual has secured $75 million in funding to enhance AI-native automation in accounting workflows. Led by General Catalyst, with participation from Pruven Capital and Edward Jones Ventures, the funding will help Accrual build its AI platform and onboard accounting firms. The platform aims to unify tax preparation and review, significantly reducing preparation time by over 85% and review time by up to 60%, addressing the inefficiencies in traditional accounting processes.
Products
Loading...
Recent Deals
Investors: General Catalyst, Pruven Capital, Edward Jones Ventures
San Francisco-based Accrual has secured $75 million in funding to enhance AI-native automation in accounting workflows. Led by General Catalyst, with participation from Pruven Capital and Edward Jones Ventures, the funding will help Accrual build its AI platform and onboard accounting firms. The platform aims to unify tax preparation and review, significantly reducing preparation time by over 85% and review time by up to 60%, addressing the inefficiencies in traditional accounting processes.