Dualentry
“Can an AI-native ERP replace legacy accounting and general ledger software by automating journal entries, payroll reconciliation, and financial workflows end-to-end?”
Founded2024
HQNew York, NY
Total raised$100M+
Latest roundSeries A, October 2025
IndustryVertical SaaS / Accounting
The story
DualEntry launched in 2024 as an AI-native ERP built from the ground up with large language model capabilities, directly targeting legacy ERP software. The company emerged from stealth in October 2025 after raising over $100M, positioning itself as a modern general ledger and accounting automation platform. Its embedded finance angle is primarily as a platform that aggregates payroll data (via Finch) and exposes accounting data to third-party finance platforms (via Rutter), making it infrastructure for other B2B finance tools rather than a direct financial services provider.
Product timeline
2024
DualEntry launched as an AI-native ERP platform approximately 18 months before October 2025 stealth exit.· pivot
2025
Raised $90M Series A led by Lightspeed and Khosla Ventures; emerged from stealth with over $100M total raised in 15 months.· acquisition
2025
Processed $100 billion worth of journal entries with AI automation, serving thousands of global users from $5M-revenue companies to NYSE-listed businesses.· banking
The stack
Accounting gap: none