YC-backed firm buys an accounting practice, lifts margins from 5% to 70% with AI

ycombinator · x · 2026-09-11

YC's minervayc bought an accounting firm and rebuilt it AI-native, taking operating profit margin from 5% to 70%. Humans stay for accountability, empathy, and advisory work while "an army of agents" handles routine tasks. The firm is now acquiring and partnering with accounting firms to replicate the model at scale.

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