DualEntry Raises $90 Million in Series A to Propel AI-Native ERP

DualEntry, the AI-native ERP, led by Benedict Dohmen and Santiago Nestares, has secured $90 million Series A led by Lightspeed Venture Partners and Khosla Ventures with participation from GV (Google Ventures), Contrary, and Vesey Ventures, bringing the total funds raised to $100 million.

The new capital will accelerate the growth of DualEntry’s AI-powered accounting platform, which has processed over $100 billion in journal entries, automated complex workflows, and saved thousands of implementation hours. Already trusted by thousands of companies, from $5 million startups to NYSE-listed enterprises with hundreds of millions in ARR, DualEntry is redefining how businesses manage financial data at scale.

DualEntry offers a full-stack ERP accounting suite covering general ledger, accounts receivable, accounts payable, live banking, audit controls, FP&A, and more. Built for multi-entity, multi-book, and multi-currency operations, the platform scales seamlessly from mid-market businesses to IPO-ready enterprises, without add-ons, integrations, or IT dependencies.

DualEntry’s AI-powered “Accounting Intelligence” automates workflows such as bank matching, reconciliation, intercompany allocations, eliminations, flux analysis, and anomaly detection, built in collaboration with in-house accountants to eliminate repetitive manual work. With over 13,000 integrations across banking, AR, AP, CRM, and HRIS systems, DualEntry unifies financial data into a single source of truth, delivering real-time insights and dashboards for CFOs and finance teams.

DualEntry’s NextDay Migration solution, powered by the world’s first ERP migration engine, enables businesses to go live with the full accounting suite in just 24 hours. Every line item, subledger, and attachment is migrated seamlessly and securely. The platform has successfully transitioned customers from legacy systems like NetSuite, Sage Intacct, SAP, and Microsoft Dynamics; sunsetted platforms like Microsoft Great Plains, QuickBooks Desktop, and PeopleSoft; and starter systems including QuickBooks and Xero.