FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -Artificial intelligence (AI) startup DualEntry has raised $90 million in a Series A round led by Lightspeed Venture Partners and Khosla Ventures to take on established enterprise resource planning (ERP) software providers, the company said.
GV (Google Ventures) also participated in the round, valuing the New York-based company, launched a year ago, at $415 million. The deal underscores investor appetite for AI-driven enterprise software and for startups that have found early product-market fit.
