Stout acquires agentic AI company
- Key insight: Learn why Stout is absorbing Flightline’s agentic AI technology into its advisory workflows.
- Expert quote: “the final deliverable is only as good as the data” — David DeMasi, Flightline
- Forward look: Expect Stout to apply workflow insights to applications across its broader advisory work.
Accounting firm advisor Stout acquired Flightline, an agentic AI company, building out its AI-enabled workbench.
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The two companies have already been working together for over a year building AI workflows for professional services clients. Under the new deal, Flightline’s technology will be used in Stout’s workflows, supporting research, analysis and the “development of evidence-backed conclusions.” Eventually, Stout plans to use “what it learns from these workflows to inform applications across its advisory work,” according to a release.
“We are investing significantly in AI because we believe it improves the quality and speed of the work we deliver to our clients by allowing teams to analyze more information, identify insights faster and spend more time on the areas where our expertise and judgment have the greatest impact,” Cory Thompson, co-chief client service officer at Stout, said in a statement. “We are applying AI and technology-enabled workflows in real client situations to improve outcomes for our clients.”
“We built Flightline so professionals and AI agents can collaborate, delivering consistent quality and greater efficiency in every engagement,” Flightine founder and CEO David DeMasi said in a statement. “But the final deliverable is only as good as the data and the team that drives it. This acquisition accelerates our vision by connecting the technology directly with Stout’s institutional knowledge and high-caliber professionals.”
DeMasi will serve as managing director and head of AI at Stout.
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