Business
Campfire Raises $65 Million Series B to Redefine How Finance Works in the AI Era
Campfire, the company reimagining ERP for modern finance teams, today announced a $65 million Series B co-led by Accel and Ribbit, with continued investment from Foundation Capital and Y Combinator, along with angel investors including Karim Atiyeh, Co-Founder & CTO at Ramp, Brad Floering, VP of Finance, FP&A at Snowflake, Steve Sidhu, Controller at Clay, Scott Buxton, CFO at Supabase, and Naeem Ishaq, Former EVP, CFO & Chief Strategy Officer at Checkr.
About this update from Snowflake Inc.
[{"type":"text","content":"Total funding reaches $100 million in just 12 weeks as finance teams accelerate the shift to AI-driven operations.","length":114,"tagName":"p"},{"type":"text","content":"SAN FRANCISCO, Oct. 15, 2025 /PRNewswire/ -- Campfire, the company reimagining ERP for modern finance teams, today announced a $65 million Series B co-led by Accel and Ribbit, with continued investment from Foundation Capital and Y Combinator, along with angel investors including Karim Atiyeh, Co-Founder & CTO at Ramp, Brad Floering, VP of Finance, FP&A at Snowflake, Steve Sidhu, Controller at Clay, Scott Buxton, CFO at Supabase, and Naeem Ishaq, Former EVP, CFO & Chief Strategy Officer at Checkr.","length":519,"tagName":"p"},{"type":"image","alt":"The Campfire logo is displayed, representing the emerging leader in AI-native enterprise resource planning (ERP) software for fast-growing companies, from startup through pre-IPO and beyond (PRNewsfoto/Campfire Software, Inc.)","displaySize":"","headline":null,"caption":"The Campfire logo is displayed, representing the emerging leader in AI-native enterprise resource planning (ERP) software for fast-growing companies, from startup through pre-IPO and beyond (PRNewsfoto/Campfire Software, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/72e10ff9d35f4aae0bd891cb7564e9b8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1QXTRX4utciWHQpMdYXteA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/72e10ff9d35f4aae0bd891cb7564e9b8","width":400,"height":200}},"href":"https://mma.prnewswire.com/media/2721609/Campfire_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The round comes only 12 weeks after Campfire's $35 million Series A, bringing total funding to more than $100 million. Campfire reached this milestone faster than any other AI-native ERP this year. The raise follows 10x year-to-date revenue growth as finance teams across six continents turn to Campfire to automate manual work, close faster, and scale with clarity.","length":370,"tagName":"p"},{"type":"text","content":"ERP is one of the largest and most established categories in enterprise software, long dominated by SAP and Oracle - systems that have barely evolved since the 1990s. A...