Concourse has raised $12 million in Series A funding and is expanding access to its enterprise-grade AI agent platform for finance teams, marking a major shift from a limited rollout to broad availability. The New York-based company said the round was led by Standard Capital, with participation from Andreessen Horowitz, CRV, and Y Combinator, as well as CFO angel investors from companies including Cursor, Vercel, and Carta.
Alongside the financing, Concourse announced general availability for its AI agents, opening the product to finance teams of any size after operating in a restricted-access model that the company said included a multi-thousand-company waitlist. Concourse is positioning the launch as a move to bring enterprise-level capabilities to smaller teams through an onboarding flow that allows customers to connect core finance data sources, such as QuickBooks, Ramp, Stripe, or CSV files, in minutes. The company said teams can start using the platform for free, with pricing moving to transparent, usage-based plans.
Concourse’s pitch centers on embedding AI agents directly into the financial stack so finance teams can run analyses and generate outputs via plain-English prompts rather than manual spreadsheet work and point-to-point exports. The company said its agents can pull data across systems, execute multi-step logic, and produce reports and presentation-ready outputs in minutes, while also supporting recurring analysis through proactive reporting agents.
The company said customers have reported reducing manual work by as much as 75% and producing roughly six times more analysis within the first few months of adoption. Concourse also highlighted its own growth over the past year, citing 19x revenue growth and a 13x increase in its customer base as factors supporting the decision to expand distribution via general availability.
Concourse said its agents are already deployed inside finance teams at large enterprises, including Palo Alto Networks, Front, and Tecovas, spanning Fortune 500 companies, unicorns, and high-growth startups. With the new funding, Concourse plans to continue expanding agent capabilities for enterprise customers while broadening access for finance teams across the market.
A key differentiator Concourse emphasized is transparency and auditability. The platform includes a built-in panel that surfaces each agent’s reasoning and the underlying SQL and Python used to generate outputs. Concourse said it is designed to meet enterprise security and compliance requirements, citing SOC 2 Type II certification, encryption, SAML and SSO support, and strict data handling controls. The company said the Series A will also support further investment in security, reliability, and agent capabilities as adoption expands.
KEY QUOTES
“Finance teams have long been forced to choose between flexibility and automation. Concourse eliminates that tradeoff by embedding AI agents directly into the financial stack to automate analysis with the flexibility of natural language. Our agents show their work, from the logic to the underlying queries, so teams can trust the answers and understand the whys that are driving the business.”
Matthieu Hafemeister, CEO and Co-Founder, Concourse
“Concourse is the kind of company we like to fund with real product-market fit with obvious growing demand.”
Dalton Caldwell, Co-Founder and Partner, Standard Capital
“Matthieu and Ted have already proven their agents deliver value within large enterprises. We’re excited for this next phase of growth where any finance team can start using Concourse immediately,”
Paul Buchheit, Co-Founder and Partner, Standard Capital
“Finance teams at large enterprises don’t just need powerful AI; they need agents that understand how the finance teams actually operate with their own nuances and context. We’ve built Concourse to perform on the largest data sets and the most complex workflows that Fortune 500 customers have, and we’re excited to continue to double down on the impact we’re delivering.”
Ted Michaels, Co-Founder, Concourse
