capital · May 17, 2026
Khosla Ventures Leads $10M Seed Round for Synthetic AI Bookkeeper Startup
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Khosla Ventures led a $10 million seed funding round for Synthetic on May 14, 2026, with participation from Basis Set Ventures and Shopify CEO Tobias Lütke. Ian Crosby, founder of the prior Bench Accounting startup that shut down in 2024, leads the new company targeting fully autonomous AI bookkeeping. The product remains in the design phase with a vision for accrual-based financials without direct human involvement. The round marks Crosby’s return after Bench was acquired for scraps in December 2024.
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