Bluebook has raised a $3 million pre-seed round led by EQT Ventures, with participation from Y Combinator and angel investors, including Laura Modiano (OpenAI), Carles Reina (ElevenLabs), and Huey Lin (Affirm). Bluebook's AI agents enable accounting firms to expand capacity from 20 to 200 clients per professional by automating research, reconciliations, and monthly closings. This technology already reduces time spent on research by 30%, allowing a greater focus on strategic advisory work. Leading firms across the Nordics rely on this solution.
The $670 billion accounting industry faces significant challenges, including the retirement of 75% of CPAs within the next 15 years, increasing regulatory complexity, and private equity consolidation demanding greater efficiency. Traditional software falls short in addressing these issues, but AI provides a scalable solution.
Development began with an AI agent that automated 85% of a startup’s accounting tasks. A creator-focused accounting practice then collaborated on an AI research tool tailored for accountants. After connecting at an LLM event, a shared vision led to the creation of an AI-powered system designed to automate accounting processes while enhancing advisory capabilities.
The future of accounting lies in autonomy, not manual work. Bluebook is building the infrastructure to turn that vision into reality.
Image credit: Bluebook