Campfire, a San Francisco, CA-based AI-native enterprise resource planning (ERP) software company, has secured $35 million in Series A funding.
Investors
The round was led by Accel, with participation from Foundation Capital, Y Combinator, Capital 49, and a group of notable angel investors from leading finance and tech companies.
Accel is a global venture capital firm that invests in early-stage and growth-stage tech companies. The firm focuses on the technology, consumer products, SaaS, fintech, and healthcare sectors. With offices in Silicon Valley, London, and Bangalore, Accel provides capital, strategic guidance, and a vast network to help companies scale globally.
Campfire Use of Funds
The company will use the funds to deepen product development, invest in generative AI, expand its global reach, and support finance teams with modern, scalable ERP solutions.
About Campfire
Founded by John Glasgow, Campfire provides AI-native enterprise resource planning (ERP) software designed to modernize accounting and finance operations for mid-market and enterprise companies. It offers a general ledger, revenue automation, close management, and more—all on one unified platform. Its conversational interface, Ember AI, powered by Anthropic’s Claude, enables finance teams to automate workflows, interact with financial data via natural language, and close books faster. Headquartered in San Francisco, its customers include Replit, Trust & Will, and Coder.
Funding Details
Company: Campfire Software, Inc.
Raised: $35.0M
Round: Series A
Funding Date: June 2025
Lead Investor: Accel
Additional Investors: Foundation Capital, Y Combinator, Capital 49, Marten Abrahamsen, Dan Kang, Alex Estevez, Michael Gordon, Sowmya Ranganathan, Jack Zhang
Company Website: https://campfire.ai/
Software Category: ERP / Financial Software / AI
Source: https://www.prnewswire.com/news-releases/campfire-raises-35-million-series-a-led-by-accel-to-build-the-next-generation-ai-driven-erp-302494153.html