New York-based FundGuard, an AI accounting startup, has successfully raised $100M in a Series C funding round, bringing its total funding to $150M since its inception in 2018. The round was led by Key1 Capital, with participation from major global investment firms. FundGuard's platform is designed for asset managers, leveraging AI to transform investment operations. The company, which has been a part of the AI-driven transformation in investment accounting since 2018, has garnered attention and support from the investment community, including an early investment from Blumberg Capital as the lead Seed investor.