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Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A 

  • AI-powered accounting startup Campfire raised a $35 million Series A led by Accel, with participation from other investors.
  • Founder CEO John Glasgow mentioned that within nine months, Campfire attracted customers away from NetSuite, including companies like Advisor360, Rhumbix, and Fooji.
  • Glasgow, with a background in finance, launched Campfire in 2023 aiming to automate financial tasks and upend outdated ERP software like Netsuite with an AI-powered solution.
  • Campfire's growth has been significant with around 100 customers at the seed stage and is now up to 12 employees, showing promising potential in the competitive ERP software market.

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