DualEntry Modernizes ERP Software with AI, Secures $90 Million Series A Funding

October 2, 2025 — Leads & Copy — DualEntry, the AI-native ERP platform, has emerged from stealth mode to revolutionize the legacy ERP market with an AI-first approach. The company has secured $90 million in Series A funding led by Lightspeed Venture Partners and Khosla Ventures, with participation from GV (Google Ventures), Contrary, and Vesey Ventures, bringing total funding to over $100 million in 15 months.

The funding will fuel the growth of DualEntry’s platform, which has already processed $100 billion in journal entries using AI automation. The platform has saved businesses significant time in implementation and data migration, attracting thousands of global users ranging from companies with $5 million in revenue to NYSE-listed businesses with hundreds of millions in ARR.

Slash, a modern banking platform with over $100 million in ARR, utilizes DualEntry with a single-person finance team. Trillion Digital, a crypto-native trading firm, switched to DualEntry and now closes its books daily instead of 15 days after month-end.

DualEntry’s features include automated accounting workflows such as bank matching, flux commentary, copilot, intercompany allocations and eliminations, reconciliation, auto-suggestions, and anomaly detection. The platform offers over 13,000 integrations to various systems, providing real-time dashboards and insights for CFOs.

The company’s NextDay Migration solution enables teams to transition to the full accounting suite in 24 hours. DualEntry has successfully migrated customers from legacy systems like NetSuite, Sage Intacct, SAP, and Microsoft Dynamics, as well as systems being sunset like Microsoft Great Plains, QuickBooks Desktop, and Peoplesoft, and starter systems like QuickBooks and Xero.

According to Santiago Nestares, co-founder and CEO of DualEntry, the company was created to help businesses of all sizes and complexities to get live in 24 hours, migrating their data quickly with AI-powered mapping and adding value from day one.

According to Benedict Dohmen, co-founder of DualEntry, the funding comes at a time in the accounting industry where finding new, modern solutions is not a nice-to-have, but a must.

Source: DualEntry

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