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Lensing AI

“Can an AI-native ERP built by ex-SAP HANA architects displace SAP and Oracle at the Fortune 500?”

Founded2020
HQMountain View, CA (co-HQ Heidelberg, Germany)
FoundersFranz Faerber, Sandeep Chopra
Total raised$140M+
Latest roundSeries B, $125M
IndustryHorizontal SaaS / ERP
Websitelensing.ai ↗
The story

Founded 2020 in stealth as Everest by former SAP HANA architect Franz Faerber and ex-Veeva PM Sandeep Chopra to rebuild ERP from scratch for SaaS revenue models. Emerged from stealth in Nov 2024 with $140M from Sutter Hill, Altimeter, Redpoint and D1. Rebranded to Lensing in 2026 alongside the launch of AiSpecify — extending the product from an AI-native ERP into an app-generation platform aimed at Fortune 500 CIOs replacing legacy SAP/Oracle stacks.

Last 12 months
2026-07
In the July 2026 recap →
2026-02
In the February 2026 recap →
Product timeline
2020
Company founded (originally code-named Everest) by ex-SAP HANA architect Franz Faerber and ex-Veeva product leader Sandeep Chopra.· founding
2024
Emerged from stealth with $140M funding and Beta release of AI-native ERP for SaaS companies.· launch
2025
Achieved SOC 2 Type II attestation (February 2025).· compliance
2026
Rebranded from Everest to Lensing; launched AiSpecify app-generation platform.· pivot
2026
Achieved ISO 27001 certification and updated SOC 2 Type II report.· compliance
2026
Raised $125M Series B (per PitchBook).· funding
The stack
1 layer disclosed in Lensing AI’s embedded-finance stack
Accounting
QuickBooks, Xero
Accounting
Hover or tap a floor for details.
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Accounting gap: none

Lensing AI — frequently asked

Which accounting software does Lensing AI integrate with?

Lensing AI integrates with QuickBooks and Xero.

Who founded Lensing AI?

Lensing AI was founded by Franz Faerber and Sandeep Chopra and is founded in 2020, headquartered in Mountain View, CA (co-HQ Heidelberg, Germany).

How much funding has Lensing AI raised?

Lensing AI has raised $140M+ in total (latest round: Series B, $125M).

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