Full-Time

Member of Accounting Staff

Basis AI

Basis AI

51-200 employees

Automated data encryption solutions for fintech

Compensation Overview

$100k - $300k/yr

+ Equity Plan + Benefits Program

Company Does Not Provide H1B Sponsorship

New York, NY, USA

In Person

In-person team; must be in-office in NYC.

Category
📘Accounting (2)
,
Requirements
  • Command of accounting: Quick to understand a wide variety of accounting workflows and help customers problem-solve
  • Process-oriented: Skilled at breaking down complex problems into clear and repeatable steps and managing execution
  • Strong communicator: Clear at explaining concepts and comfortable collaborating with both senior and junior stakeholders
  • First principles reasoner: Basis is not a normal company; we are building net-new capabilities and assumptions need to be questioned. We look for people who do not just know what things have worked before, but can apply those lessons to new situations
  • Company-builder: Excited to lay the groundwork, technically and culturally, as we rapidly scale
  • Excited about AI in accounting: Excited about the possibilities of how AI can transform accounting practices
  • Office lover: Prefers shouting across a room over a slack message, seeking full-time in-office in NYC
  • All-in: This is not a 9-5, we have a massive opportunity ahead of us and are looking to further accelerate our velocity. We are optimizing for the best folks and happy to compensate generously.

Basis provides automated data encryption solutions specifically designed for financial institutions such as banks and investment firms. Its main product is an encryption platform that automatically encrypts data at rest, using industry-standard methods like AES 256 and HMAC to protect sensitive information from unauthorized access. Additionally, Basis secures data transmission with HTTPS and TLS, ensuring that data remains safe during transfer. Unlike many competitors, Basis focuses exclusively on the financial sector and emphasizes client control over data, guaranteeing that no banking information is stored or shared with third parties. The company operates on a subscription-based model, allowing clients to integrate its encryption solutions into their systems through secure APIs. The goal of Basis is to enhance data security and privacy for financial institutions in a digital landscape.

Company Size

51-200

Company Stage

Series A

Total Funding

$37.6M

Headquarters

New York City, New York

Founded

2023

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for data encryption as financial institutions digitize operations.
  • Growing interest in secure APIs aligns with Basis's core offerings.
  • Regulatory pressures drive demand for enhanced data security measures.

What critics are saying

  • Rapid expansion may challenge the quality and security of encryption services.
  • In-person collaboration focus could limit remote talent acquisition.
  • Competitive landscape in AI and fintech threatens Basis's market position.

What makes Basis AI unique

  • Basis offers automated data encryption tailored for financial institutions' unique needs.
  • The platform uses industry-standard encryption methods like AES 256 and HMAC.
  • Basis provides secure API integration with revocable tokens for seamless data access.

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Benefits

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

-4%

2 year growth

41%
AI Jobs
Jun 23rd, 2025
Basis Raises $34M for AI Solutions

Basis, a company that equips accountants with AI agents, has raised $34 million to scale rapidly. Based in NYC, Basis has achieved product-market fit and is experiencing high demand, with revenue increasing tenfold in the last five months. Supported by investors like Keith Rabois from Khosla Ventures, the company is expanding its team and operations, emphasizing in-person collaboration to push technical boundaries.

AI Jobs
May 29th, 2025
Basis Raises $34M for AI Growth

Basis, a company equipping accountants with AI agents, has raised $34 million to scale rapidly. Based in NYC, Basis has achieved product-market fit and is experiencing high demand, with revenue increasing tenfold in the last five months. The company is backed by prominent investors, including Keith Rabois from Khosla Ventures and other leaders in ML and fintech. Basis is expanding its team and emphasizes in-person collaboration to push technical boundaries.

AI Jobs
Apr 30th, 2025
Basis Raises $34M for Rapid Expansion

Basis, a company that equips accountants with AI agents, has achieved product market fit and raised $34 million to scale rapidly. Based in NYC, Basis is experiencing extremely fast growth, with revenue increasing tenfold in the last five months. The company is backed by prominent investors like Keith Rabois and others from the ML and fintech sectors. Basis is expanding its team and emphasizes in-person collaboration to push technical boundaries.

AI Jobs
Apr 14th, 2025
Basis Raises $34M for AI Growth

Basis, a company based in NYC, has raised $34 million to scale its AI-driven accounting solutions. Experiencing rapid growth, Basis has partnered with major accounting firms, achieving a 10x revenue increase in the past five months. Supported by investors like Keith Rabois from Khosla Ventures, Nat Friedman, and Daniel Gross, Basis is expanding its team to meet high demand, offering significant responsibility and ownership opportunities. The company emphasizes in-person collaboration in its NYC office.

PYMNTS
Dec 19th, 2024
This Week In B2B: New Year, New Back-Office Innovations

The B2B payments landscape is at a pivotal juncture as 2025 approaches.On one hand, the imperative to digitize and integrate payment processes has never been more pressing. On the other, legacy systems and entrenched processes pose significant obstacles, creating a delicate balancing act for businesses striving to modernize.Understanding these dueling imperatives is key to navigating the future of B2B payments, as organizations grapple with how to innovate without compromising existing workflows.Success may depend on embracing a strategic approach that balances the need for innovation with the realities of legacy infrastructure. By tackling modernization incrementally, leveraging partnerships and fostering a culture that champions change, businesses can work to chart a path forward that helps ensure both operational excellence and future readiness.After all, it wouldn’t be a B2B new year without something old and something new.The Digitization and Integration of B2B Payment ProcessesThe digital transformation of payment processes offers unparalleled opportunities for efficiency. Manual processes, still prevalent in many B2B transactions, are fraught with delays and errors. Digitized systems, by contrast, enable real-time payments, automated reconciliation, and streamlined approvals, reducing operational friction and enhancing cash flow visibility.There are two sides to any commercial transaction. Within B2B, buyers and suppliers find one another and agree on terms, funds flow, and accounts payable and receivable departments interact