Atlas is an accounting technology startup. It has raised US$6 million in funding, led by Accel and Stellaris Venture Partners.
The company will use this money to improve its AI platform and expand its business in North America.
“Accounting is a very large and critical industry — over $150 billion in the US alone — but it is facing a significant talent crunch. Over the last five to six years, the number of practicing accountants in the US has dropped by more than 20%, even as demand continues to grow and tax rules become more complex,” Maheshwari, cofounder and CEO, Atlas said.
“Accounting is a massive, mission-critical industry that is now at an inflection point with AI. Atlas represents this shift — combining a purpose-built platform with a clear vision for how modern accounting firms should operate,” said Shekhar Kirani, partner at Accel.
Founded in 2025 by Arpit Maheshwari and Jagmal Singh, Atlas is a Singapore-based startup that is building an AI platform for independent accounting firms. It helps these firms grow their business without needing to hire more staff by automating a lot of their accounting work and making processes faster.
The platform has already shown strong results, with some tasks becoming more than five times faster. Atlas is also working with early customers in the United States.
Since 2019, more than 300,000 accounting professionals in the US have left the field, even though the demand for their services is increasing.
Atlas plans to grow across North America by working with more accounting firms that want to use technology to handle staff shortages and increasing compliance work.
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