Quanta, founded by a former Affirm engineer, sells an AI-powered accounting platform to software companies. It has raised a seed round led by Accel.

TechCrunch (TC) is a leading technology news and media site that covers the latest trends, startups, and innovations in the tech industry. With breaking news,  analysis, and expert commentary, TechCrunch provides  insights into the world of technology and entrepreneurship. Developers can learn about emerging technologies, funding opportunities, and market trends by following TechCrunch's coverage of the tech industry.

TechCrunch

Quanta, an AI-powered accounting platform, has raised $4.7 million in seed funding led by Accel. Founded by Helen Hastings, a former software engineer at Affirm, Quanta aims to automate costly accounting tasks by integrating data from fintech tools like Brex, Mercury, and Stripe to produce real-time reports. Hastings emphasizes building an AI-first product before hiring bookkeepers, setting Quanta apart from competitors. Despite the male-dominated industry, Hastings marks a personal milestone with this achievement and plans to expand Quanta's reach to larger businesses.

Accounting hasn’t fully embraced AI yet. Quanta just raised $4.7M to change that