Basis vs Onfido
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $100M led by Accel and GV at $1.15B unicorn valuation (Feb 2026). Used by ~30% of top 25 accounting firms. AI agents automate full accounting workflow.
About
Basis is an AI accounting automation platform that achieved unicorn status in February 2026 with a $100 million fundraise led by Accel and GV (Google Ventures) at a $1.15 billion valuation. The company's AI agents automate the full accounting workflow — from transaction classification and bookkeeping through reconciliation, audit prep, and financial reporting — targeting the core business of accounting firms and corporate finance teams.
Onfido is an AI-powered identity verification platform authenticating government IDs across 195+ countries with biometric liveness detection; serves fintech and mobility onboarding; acquired by Entrust in 2024.
About
Onfido is an identity verification and eKYC platform that uses AI-powered document analysis and biometric verification to automate identity checks for digital onboarding across financial services, mobility, gaming, and other regulated industries. The platform's Real Identity Platform combines document verification — extracting and authenticating data from government-issued IDs across more than 195 countries — with facial biometric comparison and liveness detection that confirms the applicant is a real, live person matching the presented document. Onfido's AI models are trained on a global dataset of identity documents and fraud attempts, giving them the breadth needed to verify international users with a consistent accuracy standard across diverse document types and geographic markets.
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