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Zhao: Lightspeed-backed AI startup Modus acquired a traditional audit firm

Claire Zhao · $40B Fund, 1 Creator: Why Lightspeed Hired Zauey Talks · Sourcery with Molly O'Shea · Jun 15, 2026 · at 35:32

Claire Zhao, partner at Lightspeed, describes how portfolio company Modus is building an AI-native auditing service by acquiring an existing audit firm.

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“So they recently invested in a company called Modus which is doing a lot in the audit, audit space which traditionally like Dominated by small medium businesses or like the KPMGs of the world. Now you have an opportunity to build like an AI native audit service. And in that case, they actually bought an actual audit firm.”

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