San Francisco-based AI startup Fieldguide has closed a $75 million Series C funding round led by Goldman Sachs Alternatives' growth equity group, achieving a $700 million post-money valuation. The raise brings total venture funding to $125 million as the firm expands its AI enterprise platform.
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San Francisco-based AI startup Fieldguide has closed a $75 million Series C funding round led by Goldman Sachs Alternatives' growth equity group, achieving a $700 million post-money valuation. The raise brings total venture funding to $125 million as the firm expands its AI enterprise platform.
San Francisco-based Fieldguide has secured $75 million in a Series C funding round led by the growth equity group at Goldman Sachs Alternatives, bringing its total funding to $125 million and valuing the company at $700 million.
Fieldguide provides an AI-native platform designed to automate and streamline audit and advisory services for accounting firms. The company was founded in 2020 by former CPA Jin Chang to modernise a profession grappling with outdated technology and a severe talent shortage.
The Update: Fieldguide has raised $75 million in a Series C round led by Goldman Sachs Alternatives, with participation from new investor Geodesic and existing backers Bessemer Venture Partners, 8VC, and Thomson Reuters. Goldman Sachs Alternatives’ growth equity arm is using this deal to gain exposure to vertical, agentic-AI infrastructure in a highly regulated, recurring-revenue services market (audit and advisory).
The financing values the company at $700 million and lifts its total funding to $125 million. The investment will be used to scale its agentic AI platform, which helps audit and advisory firms automate repetitive tasks and manage engagement workflows. Fieldguide’s AI agents function as part of the engagement team, handling data-intensive work to free up practitioners for higher-value strategic analysis and client relations.
The company reports that its platform is already used by half of the top 100 U.S. accounting firms, including KPMG. Founder Jin Chang stated,
"This funding allows us to scale a proven model where agentic AI and human experts work together to increase capacity, elevate quality, and build a more sustainable future for audit and advisory."
Why it Matters: Fieldguide’s funding addresses a critical structural problem within the $200 billion audit and advisory industry: a severe and worsening talent crisis.
With the number of CPA exam candidates at a 17-year low and 75% of current CPAs expected to retire in the next decade, firms face an estimated capacity shortfall of 125 million hours. Fieldguide’s platform offers a direct response, using AI to absorb high-volume, repeatable tasks previously outsourced or handled by junior staff. This approach not only boosts efficiency—with clients reporting 30-40% improvements—but also reframes the career path for auditors, allowing them to focus on judgment-based work sooner.
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