CA-based Campfire secures $3.5million in seed funding. Twenty Two Ventures and Y Combinator participated in the round, which was headed by Foundation Capital.
The money will be used by the business to support its signature items and hire skilled employees. Under the direction of CEO John Glasgow, Campfire offers Revenue Automation software products for billing, invoicing, and revenue recognition to small and medium-sized businesses.
Read also – PA-based Abridge Secures an Additional $150Million Funding
Following an extended private beta with clients of varying sizes, the company today publicly unveiled its Core Accounting product. Its core accounting features, which include treasury management, financial reporting, and a general ledger supporting multi-entity and currency consolidation, are enhanced by integrations and scalable to millions of transactions.
About Campfire
The cutting-edge accounting software for small and medium-sized tech businesses is called Campfire. The business sells two items: 1) Revenue Automation moves the accounting and finance teams away from spreadsheets to automate invoicing, revenue accounting, and reporting. 2) Core Accounting is a general ledger that supports multi-entity and currency transactions and offers advanced financial reporting.
Read also – PA-based Abridge Secures an Additional $150Million Funding
