San Francisco-based accounting startup Klarity raised $70 million in Series B led by Nat Friedman and Daniel Gross, with participation from notable investors Scale Venture Partners and Y Combinator. Klarity uses AI to automate data processing in contracts and internal records, eliminating, or dramatically reducing, manual workflows. The recent influx of significant investments in accounting tech, as seen with other companies like Ageras and FloQast, underscores a growing interest in AI-driven solutions to streamline and enhance traditional accounting processes.
Accounting Startup Klarity Books $70M Series B — Report
