Campfire Raises $3.5 Million in Seed Round

by Kay Aloha Villamor in February 28th, 2024

Campfire, a San Francisco, CA-based Y Combinator-backed startup revolutionizing accounting software for startups and midsize companies, has raised $3.5 million in seed funding.  

SaaS Investors  

The round was led by Foundation Capital, with participation from Y Combinator and Twenty Two Ventures.   

Founded in 1995, Foundation Capital is a venture capital firm with offices in Palo Alto and San Francisco. The firm prefers to invest in the enterprise, applications, data platforms, security & privacy, infrastructure, fintech, consumer, and cryptocurrency sectors. 

Campfire Use of Funds  

The company will use the funding to attract top talent and support its flagship products: Revenue Automation and Core Accounting.   

About Campfire  

Founded in 2023, Campfire is a company that specializes in modern accounting software for startups and midsize companies. It offers two products: Revenue Automation and Core Accounting. Campfire's Revenue Automation suite offers tools for revenue recognition, invoicing, billing, and KPI reporting, while its Core Accounting product provides features such as financial reporting, multi-entity support, and treasury management. Campfire focuses on providing intuitive, customizable, and efficient financial management software. The company is headquartered in San Francisco.

Funding Details                  

Company: Campfire Software, Inc.  

Raised: $3.5M    

Round: Seed Round  

Funding Month: February 2024                                         

Lead Investors: Foundation Capital     

Additional Investors: Y Combinator and Twenty Two Ventures    

Company Website:   

Software Category: Accounting  


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