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Silicon Valley’s Elite Bets M That AI Agents Will Replace Entry-Level CPA Jobs

Basis, a New York-based startup developing autonomous AI agents for accounting firms, has raised $34 million in Series A funding to transform how accountants work. The round was led by

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Internet performance and security company Cloudflare raised $150 million in its latest round of funding, led by Franklin Templeton. The company also announced two

Beam Therapeutics, a biotechnology company developing precision genetic medicines through base editing, completed a $135 million Series B financing. Participants included new investors Redmile

MacuLogix, Inc., a company equipping eye care professionals with the instrument, tools, and education needed to effectively diagnose and treat patients with age-related macular

Glia (formerly SaleMove), a digital customer service platform for financial services companies, secured $20 million in additional funding led by Insight Venture Partners, and

Blueground closed a funding round of $20 million that includes the participation of New York City-based entrepreneur Kevin Ryan, who also joined the company's

Betterworks®, a leading enterprise HR software startup, secured an additional $27 million, extending the company's Series B investment to $51 million and its total

Pie Insurance closed a $45 million Series B funding round featuring SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund. To date,

RackTop Systems, the creator of CyberConverged™ fusing data storage, security, and compliance into a single platform, closed $15 million in Series A funding. The

Identity verification and fraud prevention services provider Socure acquired $30 million in a Series C funding round led by Scale Venture Partners, bringing Socure's