Markets
Synthetic Raises $10M From Khosla to Build AI Bookkeeping With Zero Human Staff — $49/Month vs. $500+ Traditional
Synthetic, founded by Bench Accounting's Ian Crosby, raised $10M seed led by Khosla Ventures to build a fully autonomous bookkeeping platform that employs zero human bookkeepers or accountants, connecting to banks, payroll, billing, and inboxes to produce clean accrual-basis books at $49/month. The investor roster includes Shopify CEO Tobi Lütke and the founder of Bridge (acquired by Stripe for $1.1B). The 'zero human staff' architecture represents a 90%+ cost reduction from traditional bookkeeping services and is the endgame for commoditized professional services.
Source
↳ Follow the thread