Campfire, the Y Combinator-backed startup modernizing accounting software for startups and midsize companies, announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures.
Campfire will use the funding to attract world-class talent and further support its flagship products, which provide a modern general ledger and automate revenue processes, a statement said.
“Our mission is to give accounting and finance teams superpowers to do their best work by automating mundane tasks so they can focus on high-value, strategic work,” said John Glasgow, Chief Executive Officer and Co-founder of Campfire.
Angus Davis, General Partner at Foundation Capital that led the funding round said, “I invested in Campfire because the founders have the deep industry experience to pull it off, the product is very impressive, and the team is shipping new features at an unbelievable pace. Campfire is the ERP I wish I had when my last company outgrew QuickBooks.”
Founded in 2023, Campfire is a San Francisco-based company specializing in modern accounting software for startups and midsize companies.
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