Campfire, founded in 2023 by finance executive John Glasgow after roles at Fidelity and Union Square Advisors, builds an AI-native ERP and accounting platform aimed at fast-growing companies switching off legacy systems like NetSuite, rebuilding the general ledger, close process, and financial reporting around AI from the ground up rather than adding AI features to decades-old accounting software.
That from-scratch approach fueled fast growth: the company raised a $65 million Series B in October 2025, co-led by Accel and Ribbit Capital, a mere 12 weeks after its $35 million Series A, crossing $100 million raised in barely two years while reporting 10x year-over-year revenue growth as finance teams migrate their close process onto the platform.
Pricing is quote-based around company size and modules needed, requiring a sales conversation rather than published self-serve tiers. For a fast-growing company that wants an AI-native general ledger and close process built for how finance teams work now, rather than legacy ERP software with AI features added on top, Campfire's from-scratch design addresses that directly.
