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

Podcast: The SaaS CFO

Published: 2026-03-17

Guests: Santi Nastara

What Happened

Dual Entry has successfully raised over $100 million, with a significant $90 million Series A led by prominent investors including Lightspeed, Coastal, GZ, and GV (Google Ventures). This funding will fuel the launch and expansion of their AI-native ERP, specifically designed for mid-market and IPO-ready companies.

Santi Nastara, co-founder of Dual Entry, has a strong background in scaling companies, having previously guided a private company to nearly $100 million in revenue. Dual Entry was inspired by the inefficiencies of legacy ERP systems, aiming to revolutionize how companies close books by enabling real-time financial operations.

The ERP system offers a next-day migration feature, significantly reducing data transfer time and allowing accountants to focus on actionable insights rather than mundane data entry tasks. Dual Entry's AI integration includes features like transaction anomaly detection, OCR, journal entry drafting, and SQL query generation.

Dual Entry's go-to-market strategy includes direct sales, strategic partnerships, and a robust referral program. They also offer a buyout fund to assist customers trapped in existing ERP contracts, enhancing their market penetration strategy.

The company is rapidly growing, nearly doubling its team to approach 100 employees, partly driven by the fast-paced development cycle that saw a V1 launch within a year of founding. The emphasis on direct customer relationships helps maintain close feedback loops, enhancing customer satisfaction and system effectiveness.

Dual Entry is making strides in the SaaS space, introducing new features like RevRef 2.0 and a SaaS metric dashboard to attract SaaS CFOs. Their approach includes revamped integrations with Stripe and Hopspin, as well as a focus on Silicon Valley.

The company maintains an active LinkedIn presence and has launched a newsletter available on their website, promoting a Slack community called the Geo Club. This community is designed for CFOs to share business operation tips without a sales focus, fostering a collaborative environment.

Future plans include launching additional AI agents that not only interpret data but also act on it, assisting in closing deals faster or improving customer payment processes. This move is part of Dual Entry's broader strategy to enhance their ERP's functionality and adaptability across various industries.

Key Insights

• Dual Entry has raised over $100 million, with a $90 million Series A led by Lightspeed, Coastal, GZ, and GV (Google Ventures). This funding supports their goal to launch an AI-native ERP tailored for mid-market and IPO-ready companies.
• Santi Nastara, co-founder of Dual Entry, draws from his experience scaling a company to nearly $100 million in revenue. The inefficiencies of legacy ERP systems inspired Dual Entry's real-time book-closing capabilities.
• Dual Entry's AI features include transaction anomaly detection, OCR, journal entry drafting, and SQL query generation, enhancing the ERP's functionality. These tools aim to shift accountants' focus from data entry to actionable insights.
• Dual Entry offers a buyout fund to help customers stuck in existing ERP contracts, part of a strategy that includes direct sales, partnerships, and referrals. The company emphasizes rapid development cycles and close customer relationships to maintain an edge.