Funding wave for AI in finance, accounting, and insurance

A new cohort of startups is raising over half a billion dollars to embed AI agents across financial services, from back-office accounting to front-line credit and insurance products. Basis, Inscope, Pluvo, Stacks, Rowspace, and Jump are building decision-intelligence and automation platforms that turn messy proprietary data into AI-driven engines for finance teams, advisors, and accountants. Meanwhile, Yendo, Harper, and General Magic apply similar agentic AI to consumer credit and insurance distribution, underwriting, and service. Together they signal a rapid shift toward AI-operated financial workflows, with implications for cost structure, risk management, and regulatory oversight across the industry.