California-Based Ampersand Raises $15M in Series A Funding

Ampersand, a San Francisco, CA-based provider of integration infrastructure for enterprise agents, has raised $15 million in a Series A funding round.

The round was led by Bessemer Venture Partners with participation from Matrix, Flex Capital, Yelp, Tenacity Capital, CTO Fund, Mana Ventures, and angel investors.

The company plans to use the funding to expand its integration infrastructure and support services for AI-native companies building software for enterprise customers.

What is Ampersand?

Ampersand develops integration infrastructure that allows AI agents to access and work with enterprise software, including customer relationship management (CRM) and enterprise resource planning (ERP) systems.

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Ampersand helps bridge this gap by allowing AI agents to read and update data across these systems. Its platform supports customer-specific data models, including custom fields, objects, permissions, and workflows, so agents can work with the right information and perform actions within existing business software.

Ampersand recently announced the beta release of Andi, its AI integration agent. Andi helps developers with the implementation work needed to deploy products in different customer environments.

How Much Funding Has Ampersand Raised?

Ampersand has raised $15 million in its latest Series A funding round.

The announcement does not provide details about previous funding rounds or the company's total funding raised to date.

Who Invested in Ampersand’s Series A?

The $15 million Series A round was led by Bessemer Venture Partners.

Other participating investors include:

• Matrix
• Flex Capital
• Yelp
• Tenacity Capital
• CTO Fund
• Mana Ventures
• Angel investors

Why the Funding Matters

Ampersand plans to use the funding to expand its complete integration solution for AI-native companies.

This includes developing its integration infrastructure, providing deeper technical and domain expertise, and supporting AI agents as they connect with enterprise systems.

The investment will also support the company's efforts to help software developers overcome integration challenges and deploy AI applications in customized business environments.

Who founded Ampersand?

Ampersand was founded in 2022 by Ayan Barua and Lauren Long. The company is headquartered in San Francisco, California.

It focuses on helping AI-native software companies connect their products with enterprise systems such as CRMs and ERPs.

"We're in this fascinating moment where AI has the potential to transform the enterprise, but CTOs are still faced with the old problem of systems of record," said Ayan Barua, co-founder and CEO of Ampersand. "Our bet is that the SaaS apocalypse is overstated and systems of record like Salesforce and NetSuite aren't going anywhere.

"With Ampersand, we're able to serve new customers that were previously unavailable to us because of their complex integration requirements," said John Pena, CTO at Hatch, an AI communications platform for service businesses, acquired by Yelp in 2026.

Market and Business Growth

Ampersand is building infrastructure to help enterprise AI agents work with existing business software. Its platform is designed to support two-way data access and actions, allowing agents to read information and make updates within enterprise systems.

The company has also introduced the beta version of Andi, an AI integration agent designed to assist developers with implementation work across customer environments.

What Happens Next?

Ampersand plans to expand its integration infrastructure and agent support services for AI-native companies.

The company will continue developing its platform to help AI agents work with customized enterprise systems and support the deployment of agentic software across customer environments.

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