#accounting-automation

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fromTheregister
1 week ago

OpenAI takes stake in Thrive Holdings, which invested in it

Scratch my back and I'll scratch yours. OpenAI says that it has taken an undisclosed ownership stake in Thrive Holdings, the management-focused offshoot of private equity heavyweight Thrive Capital, which itself is a major investor in the ChatGPT maker. "This partnership with Thrive Holdings is about demonstrating what's possible when frontier AI research and deployment are rapidly deployed across entire organizations to revolutionize how businesses work and engage with customers," Brad Lightcap, COO of OpenAI said, according to a canned statement that accompanied the news.
Artificial intelligence
Startup companies
fromresund Startups
3 weeks ago

Sumary Raises 3.6M for AI-Native Accounting Platform

Sumary raised €3.6M to build an AI-native accounting platform that automates bookkeeping, reconciliations, and VAT workflows for European SMBs amid EU digitization.
fromBusiness Insider
3 months ago

The AI startup Nominal wants to address the accountant shortage. Read the pitch deck that it used to raise $20 million.

Nominal plugs into a company's existing enterprise resource planning (ERP) system and helps CFOs and controllers automate tasks to reduce manual work and errors.
Venture
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