Yoni Lateiner

We've raised $100m at a $1.15b valuation from @Accel, @GVteam, and existing investors to accelerate deployment of the most capable and accurate accounting agents across CAS, tax, audit, and advisory. Basis is used by 30% of the Top 25 accounting firms and dozens more across the Top 150. Today we're announcing the first accounting agent to complete a business tax workbook end-to-end. Our focus on production-grade, long-horizon agents means that 12 months from now, the work Basis handles will make even this look routine. We're looking for a few very intense people who want to build at the frontier.

AI Native Systems Are The New Default In 2023, the discourse centered around whether incumbents had the advantage with AI thanks to existing distribution or the startups had the advantage thanks to speed and agility. In 2024/25, the discourse seemed to navigate towards the increased competition amongst seemingly alike startups with me-too products all vying for attention via branding and loud PR. I think both miss the point. AI is not a feature that gets bolted onto a product and therefore the argument in favor of existent distribution does not typically hold true. Similarly, consumption, application and leverage of AI is not consistent across teams which means that no two startups, even with a superficially identical feature set, are ever the same. AI is a new system of operating and because of it, the table stakes for startups and incumbents to compete have increased tenfold. More of our observations @btv_vc on how some of our own portfolio companies have adapted themselves into AI-native operating environments. better-tomorrow-ventures.ghost.io/ai-native-syst…

$3 Trillion is currently stuck in unpaid invoices. An average invoice takes 59 days to clear. If you're doing >$10M in revenue, getting paid in 30 days instead of 59 days will literally make you millions over 2 years. Introducing Monk. It collects your money faster and pays for itself in 30 days, guaranteed. Fast-growing companies like ElevenLabs and Profound rely on Monk. The Problem: 39% of the $3T stuck is due to two stupid reasons: 1. "Please fix this comma in the invoice and then we'll pay you'" (this happens 2-3 times per transaction) 2. "Sorry the payment reminder got buried in my inbox" (automated emails get ignored) A payment that should take 2 days, takes 10 days. Your cash on hand is embarrassingly behind "recorded revenue". To fix this, we raised $4M led by @btv_vc with participation from @gtmfund and @danonanthony. For our first product, we had to innovate on 3 dimensions: 1. Monk turns signed contracts into invoices with near-perfect precision - We leverage frontier models to extract key terms from your deals and turn them into invoices. 2. ⁠Monk collects payments agentically with a 24% better reply rate than automated emails: - Tuned to write emails that feel like a human request, not spam. Your invoice is competing with everything in their inbox. - We know how to find an alternate point-of-contact when someone is OOO, when to reach out, and what tonality yields a higher response rate. If you had someone on your team whose invoice emails got answered 24% more than others - that would be a big deal. You’d make them the head of revenue collection. 3. Granular visibility into your cashflow: - Understand your cash position, aging, or expansion/contraction at customer level. Book a demo at monk.com/book-a-demo-fo… and we guarantee that Monk will pay for itself within 30 days. If you've read this far, we are giving away 40 water-tight contract templates. This would cost >$10K to any agency, startups, or freelancer, to create from scratch. Retweet this and comment 'Monk' and we'll send them to you.

We @btv_vc raised another $140M to continue to back the best pre-seed and seed stage founders building fintech companies. Grateful to our team, founders, and investors!

We @btv_vc raised another $140M to continue to back the best pre-seed and seed stage founders building fintech companies. Grateful to our team, founders, and investors!