Nagaris Raises A$1.26M Seed as Partners of AI-Native Accounting Firm BPAG Invest

SYDNEY - Rezul -- Nagaris, the practice platform for Australian accounting firms, has raised A$1.26 million in seed equity funding. The investors include the partners of the five practices that merged to form BPAG Accountants, along with other accounting firms, private investors and Nagaris' founder. Best Practice Group facilitated the raise.

The funding was closed in August 2026, all in ordinary shares. The funding is going into product development.

BPAG is the proof that the product works. Proactive Business Services in Sydney, CP Partners and BPAG Epping in Melbourne, Palacc near Canberra and PBS Accountants & Advisers in Adelaide joined forces to form one firm with four offices and thousands of clients. BPAG runs the practice on Nagaris and is an AI-native accounting firm.

More on Rezul News

• Contracting Resources Group Named a 2027 Elev8 GovCon Honoree by OrangeSlices
• Houston Business Journal's Best Places to Work No. 2 medium company: Lee & Associates
• The World's No.1 Superstar® Brings Christmas Back in Grand Style with Music, Cinematic Glamour, and Luxury Fashion
• Bright MLS Tells RELTO the Staging Label Other Boards Require on the Photo Violates Its Rules
• New Six-Figure Media Agreement Builds Powerful Momentum, Expanding Government Contracts, FBI Access and Growing AI Recognition: Cyabra (NAS DAQ: CYAB)

In practice that means more than 80 specialist skills in Ask Nagaris, the platform's assistant, draft the routine work: BAS workpapers, Division 7A calculations, research notes and client letters. A BAS that used to take more than 90 minutes to prepare can now take as little as 10 minutes to review and approve, because Nagaris builds the workpaper from the client's Xero file. Complex ones take longer. A qualified accountant reviews and signs off every piece, and nothing reaches a client or the ATO without a person's approval. In one two-week period, 54 of BPAG's people used Ask Nagaris nearly 2,000 times.

"Plenty of people are describing what an AI-native accounting firm might look like. BPAG is one: five firms, four offices, one client file, and a person signing off everything the software drafts," said Robert Coorey, founder of Nagaris.

Nagaris also publishes the Nagaris AI Accounting Index, which marks AI models on 112 Australian accounting questions, and it sends each question to the model setup that scores best. Beyond BPAG, 50 other accounting firms use Nagaris.

More on Rezul News

• Christmas Beats Summer in Paris: Travel Photoshoots Peak on Dec. 30
• Qscription Technologies Welcomes Joanna Krause, MD, MRMD to Its Clinical Advisory Board
• Austin Home Prices: October Median Holds at $405,000 as 44.6% of Listings Fail to Sell
• Building broker's Fast Starters growth signals a shift in how Australians buy new homes
• Jamie Foxx's SKVLK Fest Sets the Record Straight on Stabbing Reports Following Star-Studded Celebration

About Nagaris

Nagaris is the practice platform for Australian accounting firms. It puts proposals, AML/CTF checks, e-signing, client questions, phones, SMS, meeting notes, team chat, BAS workpapers and documents on one client file, with Ask Nagaris working across all of it under the firm's sign-off. Nagaris Software is the trading name of Client Core Pty Ltd (ABN 97 684 911 108), founded in 2025, based in Sydney and ISO 27001 certified. nagaris.com

About BPAG Accountants

BPAG Accountants is an AI-native Australian accounting and advisory firm, formed when five practices merged. BPAG runs its practice on Nagaris, and its partners are shareholders in it. bpag.net.au