Concourse Raises $12 Million Series A and Launches General Availability

Concourse, AI agents for corporate finance teams, led by Matthieu Hafemeister and Ted Michaels, has raised a $12M Series A led by Standard Capital, with participation from Andreessen Horowitz, CRV, Y Combinator, SV Angel, FOG Ventures, and Ritual Capital; CFOs from companies like Cursor, Vercel, and Carta, 1Password; and executives at OpenAI, Brex, Mercury, Color, and more.

A year after emerging from stealth, Concourse AI agents are deployed at Fortune 500 companies, unicorns, and fast-growing startups, including Palo Alto Networks, Front, and Tecovas. Revenue has grown 19× and the customer base 13× in 12 months. Finance teams using Concourse produce 6× more analysis while reducing manual work by up to 75%. High demand confirms readiness for an agent-first approach, now being made accessible to all.

Concourse is now generally available. Finance teams can connect data sources such as QuickBooks, Ramp, or Stripe in minutes and deploy AI agents to automate analysis, generate reports, and answer complex questions, starting for free.

Finance teams are adopting agents because traditional software forces a tradeoff between rigid automation and manual flexibility. Critical insights remain scattered, reporting takes days, and teams spend more time on data manipulation than on driving business decisions such as pricing, hiring, resource allocation, and strategic investment.

Concourse AI agents remove the tradeoff between flexibility and automation. They reason through complex questions, access multiple systems, follow multi-step logic, and execute analyses via natural language. Finance teams gain both agility and automation, achieving:

• Presentations completed in under an hour instead of five days

• Data retrieval across systems in minutes

• Fully automated month-end close reviews

• Ad-hoc analyses returned in minutes

This represents a fundamental shift in finance operations and impact, not just incremental improvement.

Concourse AI agents integrate directly with financial systems, ERPs, data warehouses, billing platforms, CRMs, and expense tools, and interact via natural language. Teams can:

• Ask complex questions and receive instant answers across multiple sources

• Generate presentation-ready outputs in minutes (PowerPoint, Word, PDF, email)

• Automate recurring workflows with scheduled reporting agents

• Delegate projects to agents that execute multi-step logic

Agents provide full transparency, showing underlying SQL, Python, and reasoning, enabling trust and insight into every decision.

Concourse is now generally available for teams of any size. Core data sources can be connected in minutes, with transparent, usage-based pricing and seamless scalability. The platform enables a fundamental shift in finance, accelerating workflows, expanding capabilities, and increasing strategic impact across the business.