"Who were your investors and how much did you raise? We raised $12M in a Series A round. The round was led by Standard Capital with participation from a16z, CRV, and Y Combinator. We were also lucky to have an incredible group of angel investors join, including SV Angel, Ritual Capital, and several world-class CFOs and operators from companies like OpenAI, Vercel, Cursor, Carta, 1Password, and Brex."
"Instead of forcing teams to choose between rigid software automation or the manual flexibility of a spreadsheet, our agents connect directly to your financial stack. This includes ERPs like NetSuite and QuickBooks, billing systems like Stripe, and data warehouses like Snowflake. Using natural language, finance teams can automate complex analysis, generate presentation-ready reports (PPT, PDF, Word), and perform cross-system data retrieval in minutes rather than days."
"The idea was born out of a problem that was deeply personal to my cofounder, Ted Michaels, and me. While scaling Jeeves from the early days to a $2.1B global unicorn startup, we saw firsthand the immense complexity finance teams face as they grow. We were managing dozens of bank accounts and data scattered globally. Even with a world-class team, you eventually hit a ceiling where more people and more spreadsheets just can't match the speed of the business."
Concourse raised $12M in a Series A led by Standard Capital with participation from a16z, CRV, and Y Combinator, bringing total funding to $27M and attracting prominent angel investors. Concourse offers enterprise-grade AI agents designed for finance teams that connect directly to ERPs like NetSuite and QuickBooks, billing systems like Stripe, and data warehouses like Snowflake. Finance teams can use natural language to automate complex analysis, generate presentation-ready reports (PPT, PDF, Word), and perform cross-system data retrieval in minutes rather than days. Concourse increases trust by exposing underlying SQL and Python in a transparency panel, creating a clear audit trail. The company was inspired by founders' experience scaling Jeeves to a $2.1B unicorn and confronting global finance complexity and scaling limits of spreadsheets.
Read at Alleywatch
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