Basis
PrivateLast Round
Series B
Mar 3, 2026
Est. Valuation
$1.15B
Total Funding Raised
$166.25M
Momentum Score
50 /100
Company Overview
Basis, legally known as Essex Labs Inc., is an AI technology company that provides an automation platform for the accounting industry. The company develops AI-powered agents designed to function as 'junior accountants' that can learn, reason, and take action on their own. These agents automate and streamline repetitive and time-consuming workflows such as data entry, transaction validation, error detection, and ledger reviews. By integrating with existing accounting software like QuickBooks and Xero, Basis aims to increase the efficiency and productivity of accounting firms, allowing human accountants to focus on higher-value strategic and advisory work. The company is backed by prominent investors including Khosla Ventures.
Sector
FinTech
Verticals
Accounting & Expense, Workflow Automation, Vertical SaaS, NLP & Conversational AI
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Basis Comps
Public and private peers based on sector, stage, and business model.
Basis Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Mar 3, 2026 | ||||
| Series A | Dec 17, 2024 | ||||
| Series B Extension | Oct 8, 2013 | ||||
| Series B | Mar 6, 2013 | ||||
| Series A | Mar 21, 2011 |
Basis Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| GV | Series B |
| Khosla Ventures | Series B, Series A |
| Inovia Capital | Series B Extension |
| Stanford University | Series B Extension |
| Norwest Venture Partners | Series A, Series B Extension, Series B |
| Better Tomorrow Ventures | Series A, Series B |
| Intel Capital | Series B Extension |
Basis Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Basis's valuation, stock price, and market status.
