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Accounting hasn’t fully embraced AI yet — Quanta just raised $4.7M to change that


Quanta, founded by a former Affirm engineer, sells an AI-powered accounting platform to software companies. It has raised a seed round led by Accel.

The latest startup to ride this wave is Quanta, which sells an AI-powered accounting platform to software companies and has raised a $4.7 million seed round led by Accel, it exclusively told TechCrunch. So Quanta’s platform hovers up data from a company’s existing fintech tools like Brex, Mercury, or Stripe to automatically produce books and real-time reports. With this fundraise, Hastings says Quanta plans to move beyond its current niche of early-stage software companies to larger businesses, including ones with multiple corporate entities.

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