 Quanta, a San Francisco, CA-based provider of an accounting platform for startup finances, raised $15M in Series A funding.
The round was led by Accel, with participation from Operator Collective, Naval Ravikant, Designer Fund, Basecase, and operators including Akshay Kothari (Notion), Claire Hughes Johnson (Stripe), and Huey Lin (Affirm). The funding coincides with the launch of Prism, the new AI-powered reporting layer of the Quanta platform. The company intends to use the funds to invest in its accounting engine, expand its expert services team, and accelerat development of Prism’s intelligence layer. Led by CEO Helen Hastings, Quanta is a provider of an AI-powered finance platform that combines an automated accounting engine with an in-house accounting team. It ingests financial activity from banks, payroll, revenue, and spend systems and keeps the books continuously reconciled and up-to-date. The company says that companies use it to maintain accurate books throughout the month, shorten their close, and operate with live data they can trust. source[FinSMEs] Comments are closed.
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