Overview

• Lightspeed Venture Partners and Khosla Ventures led the round with GV participating, valuing the New York startup at $415 million.
• DualEntry says its AI-native system enables a “NextDay Migration” that moves historical financial data in roughly 24–48 hours, a claim not independently verified in the coverage.
• The company is targeting mid-market firms that have outgrown entry-level tools such as QuickBooks and are evaluating incumbents like NetSuite, Sage and Acumatica.
• New capital will go toward expanding a roughly 40-person team, accelerating product development and pushing international growth.
• Backers argue legacy ERP implementations are slow and consulting-heavy and frame DualEntry’s approach as a way to shift buying dynamics in a market they peg near $500 billion.