DualEntry Raises $90 Million Series A to Transform Enterprise Finance with Autonomous Reconciliation
October 8, 2025
byFenoms Start-Ups
DualEntry has raised $90 million in Series A funding, led by Lightspeed Venture Partners, with participation from Khosla Ventures, GV (Google Ventures), Contrary, and Vesey Ventures. This funding marks one of the largest early-stage rounds in enterprise fintech this year - fueling DualEntry’s mission to redefine financial operations automation through AI-driven reconciliation and data intelligence.
Reimagining Financial Infrastructure for the AI Era
In the world of enterprise finance, reconciliation is often described as a “necessary evil.” It’s repetitive, error-prone, and time-consuming - yet critical to ensuring financial accuracy across systems. DualEntry is changing that narrative by bringing autonomous intelligence to one of the most complex and underserved layers of financial infrastructure.
The company’s platform connects directly to ERP systems, banking APIs, and data warehouses, enabling fully automated reconciliation across multi-entity, multi-currency financial environments. With AI models trained to identify anomalies, contextualize transactions, and self-correct discrepancies, DualEntry turns what used to be days of manual effort into minutes of machine-led precision.
At a time when finance teams are under immense pressure to do more with less, DualEntry provides a path toward operational excellence and financial clarity, enabling CFOs to focus on strategy rather than spreadsheets.
The Pain Point: Manual Finance in a Digital-First World
Despite the digital transformation boom, finance remains one of the least automated business functions. According to a 2024 Deloitte survey, 73% of finance professionals still rely heavily on manual reconciliation processes. This inefficiency costs global enterprises billions annually in labor hours, error corrections, and delayed reporting.
DualEntry’s founders - Santiago Nestares and Benedict Dohmen - recognized that traditional automation tools only scratched the surface. Existing software often required rigid templates or pre-defined workflows, leaving little room for the dynamic, unstructured nature of real-world financial data.
DualEntry’s breakthrough lies in its adaptive learning engine, capable of interpreting diverse financial data schemas without heavy configuration. As the system processes more transactions, it learns continuously, improving accuracy and speed - effectively becoming smarter with every ledger it touches.
From Accounting Software to Autonomous Finance
At its core, DualEntry isn’t just another accounting tool - it’s building the foundation for autonomous finance, where systems can reconcile, audit, and even optimize in real time.
By combining AI-powered categorization, machine-led anomaly detection, and dynamic rules creation, the platform allows enterprises to achieve true “self-healing” financial operations. This eliminates reconciliation backlogs, reduces compliance risks, and improves audit readiness - all while lowering operational costs.
The company’s vision extends far beyond automation. DualEntry aims to build the intelligence layer that every global finance team relies on - one that can eventually forecast liquidity, detect fraud, and ensure transparency across increasingly complex financial ecosystems.
Strategic Insight for Founders
What makes DualEntry’s trajectory particularly instructive for founders is its focus on the invisible pain point - one that most people overlook but every enterprise suffers from.
Instead of building something “sexy,” the founders zeroed in on the unglamorous but mission-critical: reconciliation, ledger accuracy, and operational truth. These are the foundations upon which entire companies run.
DualEntry understood that boring problems at scale often unlock the largest opportunities. By applying next-generation AI to a process most teams avoid, they’ve created a category-defining product with built-in defensibility - because once an enterprise plugs DualEntry into its financial stack, it becomes indispensable.
For other founders, this is a key takeaway: solving niche, unglamorous challenges can yield monumental impact when they sit at the heart of organizational trust and money flow.
Backed by Visionary Investors
DualEntry’s Series A round is backed by some of the world’s most respected investors. Lightspeed Venture Partners led the round, joined by Khosla Ventures, GV (Google Ventures), Contrary, and Vesey Ventures - a lineup that reads like a who’s who of early-stage innovation capital.
Their participation highlights a clear signal: enterprise AI is shifting from experimental to essential. These investors have collectively funded category leaders like Notion, Figma, and Stripe - and their backing of DualEntry underscores confidence that autonomous finance could be the next trillion-dollar category.
Market Context: The Rise of AI in Financial Operations
The timing of DualEntry’s raise aligns with massive momentum in AI-driven enterprise software. The global financial automation market is projected to reach $35 billion by 2030, growing at a CAGR of over 16% (Allied Market Research).
Moreover, with the rise of real-time payments, embedded finance, and decentralized ledgers, financial teams face unprecedented data fragmentation. Manual processes can no longer keep pace with transaction complexity.
According to McKinsey, companies that invest in finance automation and AI-driven analytics see cost reductions of up to 40% and decision-making speeds doubled compared to peers still reliant on manual reconciliation. This data-driven evolution is precisely where DualEntry sits - at the heart of intelligent, scalable financial operations.
A Platform Built for Scale and Trust
What separates DualEntry from most AI automation startups is its focus on accuracy, auditability, and explainability. In finance, automation is worthless without trust - and the DualEntry team understands that deeply.
The platform employs transparent AI models that generate human-readable explanations for every reconciliation decision. Finance teams can see why a transaction was matched or flagged, providing the assurance needed for audits and compliance.
This combination of intelligence and transparency positions DualEntry as not just a tool - but a trusted financial co-pilot for the enterprise CFO suite.
What’s Next for DualEntry
With its $90 million Series A funding secured, DualEntry plans to accelerate product development, AI research, and global expansion. The company will deepen integrations with ERP systems like SAP, Oracle, and NetSuite, while launching a next-gen analytics layer designed for real-time cash flow intelligence.
The team also intends to scale its operations across North America and Europe, building the infrastructure for what could become the world’s first fully autonomous financial stack.
DualEntry’s ambition is clear: to empower finance teams with systems that reconcile, reason, and recommend - so businesses can move faster, smarter, and with greater confidence.
In a world where data volume grows faster than human capacity, autonomous finance is no longer a future concept - it’s an operational necessity. DualEntry isn’t just building software; it’s building the intelligence layer for enterprise truth.