Fundraising Fox

Campfire

YC S23

San Francisco, US · Founded 2023 · Delaware corporation · 105 employees · Hiring · 4 known investors

campfire.ai ↗

Campfire is an AI-native ERP platform designed for accounting teams at mid-market and enterprise companies. It automates general ledger, revenue recognition, financial close management, and provides real-time financial dashboards with AI-powered transaction categorization and reconciliation.

AI & Machine LearningEnterprise SoftwareFintechSaaSAIUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (S23)

Campfire was founded in 2023 by John Glasgow.

JGJohn Glasgow
John GlasgowinFounderHe previously held positions in business development and partnerships at Bill.com following its acquisition of Invoice2go, where he led corporate development, and earlier worked in corporate strategy at Adobe and technology M&A.
TE
Todd EricksenNamed on SEC filing
SA
Steve ArntzNamed on SEC filing

Investors · 4

AccelPalo Alto · $1.6M – $70M
Y CombinatorSan Francisco · $500K
Foundation CapitalreportedSan Francisco · $250K – $15M
Ribbit Capitalreported · 2 sourcesPalo Alto · $100K – $15M

Funding

SEC filings, press & company announcements

$67.5M disclosed across 2 of 3 rounds · 2021–2025

▶$2.5MraisedAug 2021 · 21 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Todd EricksenExecutive Officer, Director
  • Steve ArntzExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$2.5M
First sale
May 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
Goodfire31 shared keywordsGoodfire is a research company developing interpretability tools to understand and design AI systems. The company focuses on making AI models more understandable, debuggable, and steerable through analysis of internal model structures.

Companies competing with Campfire for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Campfire secures $65m Series B to transform finance AIfintech.global · Oct 2025ERP platform Campfire fuels up with $65m Series Bfintechfutures.com · Oct 2025Campfire Raises $65M in Series B Fundingfinsmes.com · Oct 2025Why Accel Led A Round For Fintech Startup Campfire For The Second Time In Under 4 Monthsnews.crunchbase.com · Oct 2025Campfire Raises $65 Million Series B to Redefine How Finance Works in the AI Eraprnewswire.com · Oct 2025Campfire $65 Million Series B Co-Led by Accel & Ribbit: $100M raised in 12 weeks to Meet Surging Demandcampfire.ai · Oct 2025Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A  | TechCrunchtechcrunch.com · Jun 2025Campfire - The modern version of NetSuiteycombinator.com · Feb 2024

Frequently asked questions

What does Campfire do?
Campfire is an AI-native ERP platform designed for accounting teams at mid-market and enterprise companies. It automates general ledger, revenue recognition, financial close management, and provides real-time financial dashboards with AI-powered transaction categorization and reconciliation.
Who founded Campfire?
Campfire was founded by John Glasgow in 2023.
Who are Campfire's investors?
Campfire's investors include Accel, Y Combinator, Foundation Capital, Ribbit Capital.
How much funding has Campfire raised?
Campfire has disclosed $67.5M raised across 2 of its 3 known rounds.
Where is Campfire headquartered?
Campfire is headquartered in San Francisco, US.