AI-powered accounting startup Campfire announced Monday that it has raised a $35 million Series A led by Accel, with participation from Foundation Capital, Y Combinator, Capital 49, and angel investors including Mercury’s CFO Dan Kang.
“Within nine months of formation, we had customers [with] north of 100 employees ripping out NetSuite and putting in Campfire,” founder CEO John Glasgow said. Some of Campfire’s customers that have migrated from NetSuite include wealth management platform Advisor360, construction software startup Rhumbix, and customer experience company Fooji, Campfire says.
This was, in part, because
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