Image Credits:Quanta AI has brought attention to all kinds of futuristic technologies, from humanoid robots to autonomous warships . But there’s a quieter boom happening in a highly traditional industry: accounting. VCs are excited by the prospect of automating costly human labor with AI, funding companies like Numeric and Kick last year, to name a few. 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. Other investors include basecase, Comma Capital, and San Francisco angel investor Elad Gil. Quanta traces its origins to founder Helen Hastings’ time as a software engineer at buy now, pay later company Affirm, where she saw firsthand how outdated […]
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