Accrual is a San Francisco-based AI-native accounting platform designed to unify and automate the tax preparation and review workflows of professional accounting firms. Its software employs AI agents that read and organize diverse client inputs—ranging from complex K-1s and 1099s to spreadsheets, emails, and multi-hundred-page statements—then generate follow-up questions and produce draft returns ready for human review. By structuring data at ingestion and integrating with existing tax engines, the system cuts preparation time by more than 85% and review time by up to 60%, effectively adding the capacity of one accountant for every 50 complex returns processed. Early pilots with H&R Block, Armanino, Creative Planning, and other Top 100 firms have saved thousands of hours per tax season while increasing accuracy and consistency. The company is presently focused on individual tax returns but plans to extend its platform to additional return types and broader accounting workflows. Proceeds from its recent $75 million raise are earmarked for continued product and AI development, hiring engineers and accounting experts, and scaling firm onboarding. Founded by former Stripe and Brex engineering leaders, Accrual aims to become foundational infrastructure for next-generation accounting services.

Total raised

$75M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026