Cynch AI just pulled off one of those moves that makes an entire industry glance up from its spreadsheets like they heard a glass break. A fresh $9M infusion led by True Global Ventures and Beatrice Lion is not just capital. It is a signal flare fired straight into a $300B tax and accounting sector still running on software that looks like it survived the dial-up era. Dr. Nigel Duffy founded Cynch AI after building EY’s global AI practice from 2 people to 300 scientists across 10 countries and realizing the profession was losing CPAs faster than universities could mint new ones. When millions of SMEs are drifting without experienced financial partners, someone eventually steps in with real technology instead of a fresh coat of UI paint.
What Cynch AI built is not another neural toy dressed up as enterprise software. The neuro-symbolic engine delivers deterministic reasoning that actually holds up under audit pressure. Identical inputs produce identical outputs. No hallucinations. No roulette. Every step is traceable, which makes regulators smile and old-school accountants blink twice. The platform takes the manual drudgery of tax prep and accounting workflows and turns it into fluent, auditable insight. It is like giving every small business owner the clarity they always assumed their software should have delivered in the first place.
The market clearly believes in the model. Thousands of customers and a 7 digit ARR run rate in year one do not appear out of thin air. They come from an acquisition engine that treats retiring CPAs with respect while giving their clients continuity. Cynch AI has already brought in client bases from 7 practices. It is a smoother handoff than most industries ever manage. You do not outcompete legacy players. You out-evolve them.
The investor roster backing this evolution reads like a greatest hits compilation of conviction. Permanent Capital Partners with Mike Gamson, Clear Ventures with Chris Rust, Alpha Intelligence Capital with Antoine Blondeau and Uday Sandhu, and Factory with Chris Ré and Andy Jacques put up $25M in the Series A and did not hesitate to join the new round. People double down when the foundation is undeniable.
The team shaping this foundation goes deeper than titles. Peter Saber and Simon Wilkinson were early forces in the build. Christopher Mazzei, Benjamin Van Durme, Deepak Swaroop, Bjoern Lasse Herrmann and the broader group are engineering an operating system that can absorb entire books of business without losing precision. That is not automation. That is architecture.
This $9M is a scale accelerator. More acquisitions. Faster onboarding. A tax engine expanding into complexity the industry never thought software could touch. Small business owners finally get something they have been missing for years. Not a lifeline. A partner that actually thinks.
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