The deep dive · Private · Read November 3, 2026

Fieldguide

AI agents that do audit and advisory fieldwork for CPA firms, used by half of the top 100 US firms. Valued at $700M in February 2026, with KPMG and Thomson Reuters as investors.

Fieldguide, Feb 2, 2026; Fieldguide, Oct 23, 2025
Valuation
$700M at the February 2026 Series C, led by Goldman Sachs Alternatives.
Raised
$125M in total, including a $17M Series A (2022), $30M Series B (2024) and $75M Series C (2026).
Watch
Customers are also owners KPMG made a minority investment in Oct 2025; Thomson Reuters is an existing investor and partner.
AI
Agents plus MCP Field Agents run audit testing; an MCP connector (Aug 2026) lets Claude, Copilot and Gemini read and act on engagements.
Liquidity
None reported no staff tender offer or secondary sale found; shares are not listed.
Remote
Remote-first, SF hub jobs say remote anywhere in the US; Bay Area engineers work hybrid. Hiring also in Seoul and the UK.
Hiring
38 → 36 remote listings since Oct 10.
01 · The business

Software subscriptions for audit and advisory firms.

Fieldguide sells an AI platform to accounting firms and internal audit teams. It runs the engagement workflow (requests, testing, workpapers, review) and adds AI agents that do testing, draft financial statements and plan audits under the firm's own method. It is moving into tax with agents for provision and compliance. It does not publish prices or revenue.

Fieldguide homepage; Fieldguide, Aug 12, 2026; tax PM posting
The moat, in three parts
  1. 1
    Deep inside the big accounting firms
    Fieldguide says half of the top 100 US firms use it, including KPMG, BDO, Grant Thornton, Baker Tilly and RSM. That was nearly 40 of the top 100 in March 2024.
    Fieldguide, Feb 2, 2026; Fieldguide, Mar 26, 2024
  2. 2
    Embedded audit methods
    Thomson Reuters' PPC methodology (Nov 2025), CPA Canada's engagement forms (Sep 2026) and UK methodology from Mercia (Jun 2026) are built into the platform, so firms can run their standard programs inside it.
    Fieldguide, Nov 6, 2025; Sep 29, 2026; news list
  3. 3
    Certified for AI agent safety
    First audit and advisory platform with AIUC-1 certification (May 2026, audited by Schellman), on top of ISO 42001 and a SOC 2 Type 2 report.
    Fieldguide, May 6, 2026
The competition, by what it is worth
  • AuditBoard
    $3.00Bprivate, May 28
  • DataSnipper
    $1.00Bprivate, Feb 1
  • Fieldguide
    $700MSeries C, Feb 2

Private values are the last reported round; they can be stale. Listed values are market value. Bars start at zero.

02 · Funding

Every round, and what its terms give away.

Fieldguide is private, so there is no share price. What its investors paid, and on what terms, is the closest thing to one.

$700M
latest valuation, Series C Feb 2
$125M
raised in all
160
employees, as reported
Fortune, Feb 2, 2026; Fieldguide, Feb 2, 2026
4 rounds and offers, newest first
  1. Feb 2
    Series C$75M at $700M
    Led by Growth Equity at Goldman Sachs Alternatives. About 11% of the company, if all new shares
    Geodesic new; Bessemer, 8VC and Thomson Reuters returned. Total raised reached $125M.
    Fieldguide, Feb 2, 2026; Fortune, Feb 2, 2026
  2. Oct 23
    Strategic minority investment
    Led by KPMG LLP
    Amount not disclosed. Came with a deal to build agentic apps for KPMG's US assurance practice.
    Fieldguide, Oct 23, 2025
  3. Mar 26
    Series B$30M
    Led by Bessemer Venture Partners
    8VC joined. Valuation not disclosed. Nearly 40 of the top 100 firms were customers.
    Fieldguide, Mar 26, 2024
  4. Mar 3
    Series A$17M
    Led by 8VC
    Floodgate and angels joined. Valuation not disclosed.
    Fieldguide, Mar 3, 2022
Round-terms checks
No flags found · last raise 9 months ago
  • Down round or flat round?Cannot compare: the Series B valuation was never disclosed. The $75M Series C was 2.5 times the Series B in size and led by a new outside investor, which does not suggest a down round.Fieldguide, Feb 2, 2026; Mar 26, 2024
    Open
  • How much of the company the last round soldAbout 11%: $75M at a $700M valuation. Reports do not say whether $700M is pre or post money.Fieldguide, Feb 2, 2026
    Clear
  • Time since the last raiseAbout nine months since February 2026. At that time it had 160 staff and planned to double within a year.Fortune, Feb 2, 2026
    Clear
  • Structured or unusual termsNo unusual terms reported. We found no Form D for Fieldguide on SEC EDGAR, so terms cannot be checked there.SEC EDGAR company search, checked Nov 3, 2026
    Open
  • Who led the last roundGoldman Sachs Alternatives' growth equity team, a new outside lead. Existing backers Bessemer, 8VC and Thomson Reuters followed.Fieldguide, Feb 2, 2026
    Clear
  • Tender offers or secondary sales for staffNone reported. Searched company news posts and press; no tender date or price found.Fieldguide news posts, checked Nov 3, 2026
    Open
  • Layoffs in the last 12 monthsNone found in news or company posts. The company said in February 2026 it planned to double its 160 staff, and it lists 43 open roles today.Fortune, Feb 2, 2026; Ashby board, Nov 3, 2026
    Clear

Clear: checked, nothing found. Flag: found, with the source. Open: could not be checked.

Going public

No filing reported

03 · Footnote flags

What the record says, and what we think it means.

The fact is the source's. The read, in italics, is ours.

  1. 01
    Good

    KPMG bought in.

    KPMG LLP made a minority investment in October 2025 and is building agentic apps for its US assurance practice on Fieldguide.

    A Big Four firm as customer and owner is strong validation. It also ties Fieldguide closely to one of its largest buyers.

    Fieldguide, Oct 23, 2025
  2. 02
    Good

    A run of big-firm wins in 2026.

    BDO (Mar), Baker Tilly (May), Cherry Bekaert (Jun), Grant Thornton Advisors (Jul) and Crowe BGK (Sep) announced deals. Grant Thornton's CompliAI tool runs on Fieldguide.

    Moving from pilots to firm-wide deals is what turns logos into revenue. Revenue itself is not disclosed.

    Fieldguide news posts, checked Nov 3, 2026
  3. 03
    Neutral

    Thomson Reuters is investor, partner and rival.

    Thomson Reuters invested and joined the Series C. Since Nov 2025 its PPC audit methodology is embedded in Fieldguide.

    Helpful for distribution today. Thomson Reuters also sells its own audit tools, so the relationship could cut either way.

    Fieldguide, Nov 6, 2025; Feb 2, 2026
  4. 04
    Neutral

    Lead investor names two exits.

    Goldman's Darren Cohen told Fortune his ideal world is an IPO, and said a sale to an accounting firm is a logical alternative.

    No plan or timeline is stated. For staff equity, either path is open, and neither is near.

    Fortune, Feb 2, 2026
  5. 05
    Neutral

    Moving into tax.

    A current posting seeks a lead PM to build an agentic tax platform for CPA firms and corporate tax departments, covering provision and compliance. A Tax Export feature shipped in Sep 2025.

    Tax is a large new market, but it puts Fieldguide against entrenched tax software makers.

    Fieldguide job posting, checked Nov 3, 2026
  6. 06
    Neutral

    Expanding to Canada and the UK.

    Deals with CPA Canada (Sep 2026) and UK methodology firm Mercia (Jun 2026) bring local audit forms into the platform. Open roles include UK remote jobs and engineers in Seoul.

    More markets mean more growth room, plus more rules and methods to keep current.

    Fieldguide, Sep 29, 2026; news list
  7. 07
    Watch

    Remote, with a hybrid hub.

    Postings call Fieldguide remote-first and open to anyone in the US, but Bay Area engineers work hybrid. 8 of 43 open roles are tied to an office (San Francisco, Seoul, Salt Lake City).

    Most roles are remote. Check each posting, especially agent engineering roles in San Francisco.

    Fieldguide postings via Ashby, checked Nov 3, 2026
  8. 08
    Watch

    Well-funded rivals.

    DataSnipper raised $100M at $1B in Feb 2024. Hg bought AuditBoard for over $3B in May 2024.

    Fieldguide is valued below both. Rivals with more money can push hard on the same big firms.

    Fortune, Feb 2024; SecurityWeek, May 2024
04 · Who gets paid most

Design is paid 19% over market. Sales, 10% under.

Still Remote data, daily since Oct 10
Posted pay against the same level at other remote employers
Compared level by level against 400+ remote employers, then averaged. Number of posted ranges beside each team.
AI and ML listings, Oct 10 to Nov 3
1 → 1about the same
Remote listings, same days
38 → 36−5%

We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.

05 · Built for the agentic era?

Can AI agents do business with Fieldguide?

We checked the agent payment programs, developer docs and site rules an AI assistant would meet.

Our verdict

Open to agents. MCP connector for customers and markdown pages for AI readers; no llms.txt or public API docs.

Still Remote read
LiveNot foundPartly
  1. An MCP server agents can call
    Fieldguide MCP has rolled out since July 2026. Claude, Copilot and Gemini can read live engagement status and, after user approval, post comments or start engagements. It uses the user's existing permissions.
    Fieldguide, Aug 14, 2026
    Yes
  2. Its own AI agents
    Field Agents (Mar 2025), Field Orchestrator for end-to-end substantive testing (Jun 2026) and Field Financials for statement drafting (Aug 2026).
    Fieldguide, Jun 8, 2026; Aug 12, 2026
    Yes
  3. Site AI tools can read
    fieldguide.com/llms.txt returns 404. But the site serves markdown copies of its pages and a sitemap.md that says it lists content for AI agents.
    checked Nov 3, 2026
    Mixed
  4. Lets AI crawlers read its site
    robots.txt allows all user agents on all paths and names no AI bots.
    checked Nov 3, 2026
    Yes
  5. Agent safety certified
    AIUC-1 certified in May 2026 by Schellman, with agent behavior retested at least quarterly.
    Fieldguide, May 6, 2026
    Yes
  6. Public developer API docs
    No developer portal or public API docs found; docs and developer subdomains did not respond.
    checked Nov 3, 2026
    Not found
05 · Inside the company

Where Fieldguide puts AI to work.

AI and ML job titles, share of open remote listings
Fieldguide
2.8%
Every company we track
6.4%
1 of 36 Fieldguide listings on Nov 3. Scale 0% to 10%.
  1. 1
    Engineers code with AI
    A current engineering posting says the team is AI-native and uses tools like Claude Code extensively, and expects hires to write code with AI.
    Fieldguide job posting, checked Nov 3, 2026
  2. 2
    Auditors build the agents
    About 25% of staff are former practitioners. Roles like Agent Architect pair senior auditors with engineers to design agent workflows.
    Fortune, Feb 2026; Agent Architect posting, Nov 3, 2026
  3. 3
    Uses several model vendors
    AI engineer postings in Seoul ask for experience with OpenAI, Gemini and Anthropic APIs. Fieldguide does not name which models power its agents.
    Fieldguide job posting, checked Nov 3, 2026
06 · What the hiring says

More listings than on Sep 7, led by design.

Remote listings on its board, dailyAxis starts at zero
Listings as the board shows them, so a title posted in several places counts each time. Team counts are open roles, repeated titles once.
12 of 35
roles are design
11
sales roles, the next biggest team
2
countries named in its remote roles, led by United States
+1
new roles in the last 7 days
07 · Private scenario builder

What has to be true for $700 million to hold?

Fieldguide does not publish revenue, so the starting number is your assumption, not ours. A way to think, not a forecast, and not investment advice.

No revenue figure has been published.
No growth rate has been published.
Competition
Economy
Fast-growing private software often prices at $15 to $40 per $1.
$
Worth in two years, in your world
$1.37B
+96% vs the $700M Series C
$55M revenue, growing +40% a year after competition and the economy
Series C $700M
$0$1.68B
Up round territory

At 25x, Fieldguide needs $28 million of revenue to be worth $700 million. Your world gets there with $55 million, so the next round likely prices above the last.

Your equity, two years out
$196,000

$100,000 of equity valued at the $700M Series C price would be worth about $196,000 on paper in this world, before dilution from new rounds, taxes and vesting. Private shares only turn into cash at a sale, an IPO or a tender offer.

A way to think, not a forecast, and not investment advice.

Fieldguide, Feb 2, 2026
08 · Where it looks headed

The signals, and which way they push.

  1. Tailwind
    Accounting firms are short of people.

    Fieldguide cites CPA exam candidates at a 17-year low and up to 75% of CPAs retiring within a decade.

  2. Tailwind
    Firm-wide deals are piling up.

    Ten firm deals were announced from March to October 2026, including BDO, Baker Tilly and Grant Thornton Advisors.

  3. Tailwind
    Customers report real time savings.

    Goldman said clients saw 30% to 40% efficiency gains; Fieldguide cites 50% to 75% savings on automated tasks.

  4. Headwind
    Bigger rivals and incumbents.

    AuditBoard (Hg, over $3B) and DataSnipper ($1B) are larger, and Thomson Reuters and Wolters Kluwer sell audit tools to the same firms.

09 · Bold predictions

Where Fieldguide ends up, if we had to bet.

Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.

  1. 1

    Fieldguide lists on a stock exchange by 2031.

    Long shot 16%IPO

    Its lead investor calls an IPO the ideal outcome, but it has 160 staff and no published revenue. Firms at this stage often need years more growth first.

    Fortune, Feb 2, 2026
  2. 2

    Fieldguide is bought by an accounting firm, data provider or audit software maker by 2033.

    Coin flip 50%M&A

    KPMG and Thomson Reuters already own stakes, and Goldman named a sale to an accounting firm as a logical path. AuditBoard's $3B buyout shows buyers pay up in this space.

    Fieldguide, Oct 2025; Fortune, Feb 2026
  3. 3

    Fieldguide sells tax agents alongside audit by 2028.

    Likely 72%Product

    It is hiring a lead PM for an agentic tax platform and already ships a Tax Export bridge. Its customers are the same firms that run tax practices.

    Fieldguide job posting, checked Nov 3, 2026
  4. 4

    Agents do most first-pass audit testing on Fieldguide engagements by 2031.

    Likely 72%AI

    Field Orchestrator already runs substantive testing end to end with auditor sign-off. Firms face a staffing gap that pushes them to automate.

    Fieldguide, Jun 8, 2026
  5. 5

    Fieldguide is still independent and a top choice for mid-size US firms in 2031.

    Coin flip 50%Competition

    It has half the top 100 firms and Big Four backing. Better-funded rivals and incumbents with existing seats could squeeze it.

    Fieldguide, Feb 2, 2026

Read by the Still Remote research agent on November 3, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.