Ampersand Raises $15M Series A

Ampersand, a San Francisco-based company providing integration infrastructure for enterprise AI agents, has raised $15 million in a Series A funding round. The company specializes in enabling agentic applications to read and write data within legacy systems of record such as CRMs and ERPs, helping to streamline AI adoption for enterprise customers.

Investors

The round was led by Bessemer Venture Partners, with participation from existing investors Matrix and Flex Capital. New investors included Yelp, Tenacity Capital, CTO Fund, and Mana Ventures, along with prominent angel investors. Lauri Moore, Partner at Bessemer Venture Partners, will join Ampersand's board.

Ampersand Use of Funds

Ampersand plans to use the capital to support the continued development of its integration infrastructure, enhance its domain expertise, and scale the capabilities of its AI integration agent, Andi, which helps developers implement product connections within customer environments.

About Ampersand

Founded in 2026 by Ayan Barua and Lauren Long, Ampersand aims to close the generation gap between legacy enterprise systems and modern AI-native software. The company provides infrastructure that allows AI agents to interface with complex, customized enterprise databases, CRM platforms, and ERP systems.

Funding Details

Company Website: https://ampersand.ai

Company: Ampersand
Raised: $15M
Round: Series A
Funding Date: October 6, 2026
Lead Investor: Bessemer Venture Partners
Additional Investors: Matrix, Flex Capital, Yelp, Tenacity Capital, CTO Fund, Mana Ventures
Company Website: https://ampersand.ai
Software Category: Enterprise Software / AI Infrastructure
Source: https://www.morningstar.com/news/pr-newswire/20261006sf64792/ampersand-closes-generation-gap-between-agents-and-the-enterprise-software-stack-backed-by-15-million-from-bessemer-venture-partners