DualEntry Raises $100M to Launch an AI-native ERP - The SaaS CFO Recap

Podcast: The SaaS CFO

Published: 2026-03-17

Duration: 27 min

Guests: Santi Nastara

What Happened

Santi Nastara, co-founder of Dual Entry, discusses the challenges faced when scaling his previous company to $100 million in revenue, which led to the creation of a new AI-native ERP solution. The legacy ERP systems were cumbersome, slow, and did not integrate well with existing stacks, prompting Nastara to envision a more modern and efficient system.

Dual Entry was founded in 2024 with the intent to revolutionize the ERP space by making it AI-native and more user-friendly. The company's ERP solution is designed to handle the entire process from data entry to actionable insights, allowing accountants to focus on strategic decision-making rather than data reconciliation.

The company has achieved remarkable speed, launching its first version within a year of its founding and targeting mid-market and publicly traded companies as its initial customers. This approach allowed Dual Entry to prove its product's capabilities with complex clients, leading to significant investor interest.

Dual Entry raised $100 million in funding, with a $90 million Series A round led by Lightspeed, Coastal, GZ, and GV (Google Ventures). The company has focused on building a fast and efficient team that can rapidly iterate on customer feedback to improve the product.

A key feature of Dual Entry is its next-day migration capability, which drastically reduces the time and effort involved in switching to a new ERP system. This feature, along with AI-driven insights and automation, helps companies streamline their accounting processes and close books faster.

The company has introduced a buyout fund to cover remaining contract fees for customers stuck in legacy ERP contracts, removing financial barriers to switching. This fund has been well-received and has encouraged more companies to consider Dual Entry as a viable option.

Dual Entry's pricing model is based on the complexity of the customer's business, offering various tiers and add-on modules to grow with the company. The focus is on making the software the last ERP a company will need, with features that support growth to public markets and beyond.

Santi Nastara is focused on expanding Dual Entry's reach in the SaaS space and enhancing the ERP's agentic capabilities through AI. The company is also making strategic moves to integrate with other best-in-class software tools, ensuring seamless user experiences across platforms.

Key Insights

• Dual Entry was created to address the limitations of legacy ERP systems, which were cumbersome and did not integrate well with existing technology stacks.
• The company raised a total of $100 million in funding, with a significant $90 million Series A round, allowing it to scale rapidly and target complex mid-market and publicly traded clients.
• Dual Entry's next-day migration capability is a standout feature, significantly reducing the time and effort required for companies to transition to a new ERP system.
• The introduction of a buyout fund to cover the costs of existing ERP contracts has been a successful strategy to alleviate financial barriers for potential customers considering switching to Dual Entry.