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Campfire raises $35 million in Series A funding led by Accel to revolutionize AI-driven ERP for finance teams.

Jun 30, 2025•17 days ago

Amount Raised

$35 Million

Round Type

series a

San FranciscoSoftware

Investors

Jack ZhangSowmya RanganathanMichael GordonAlex EstevezDan KangMarten AbrahamsenY CombinatorFoundation CapitalAccel

Description

Campfire, a leader in AI-native ERP software, has secured $35 million in Series A funding led by Accel. This capital will support the company's goal of redefining finance for the AI era and enhancing product development. With participation from notable investors, the round emphasizes Campfire's commitment to growth in a competitive market. The company aims to seize disruption in the ERP landscape.

Company Information

Company

Campfire

Location

San Francisco, California, United States

About

Campfire is the AI-native ERP for mid-size and enterprise companies to close fast and scale faster. Features include a powerful general ledger, invoicing, billing, revenue accounting and reporting, financial statements, AI-powered conversational reporting, and automated accounting workflows such as bank reconciliation. The product is natively integrated with industry leading solutions such as Ramp, Rippling, Salesforce, and has over 100+ API endpoints to build custom integrations and workflows.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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