Enterprise resource planning (ERP) systems are often described as a company's 'central brain' because the software connects different departments ' including finance, HR, and inventory ' into a single database where everyone shares the same information. In recent years, a new crop of AI-powered ERP startups, such as Rillet and Campfire, has emerged hoping to replace legacy offerings like NetSuite. These companies claim that traditional ERPs are clunky, expensive, and time-consuming to implement. However, according to Doss co-founder and CEO Wiley Jones, many new AI ERPs lack robust inventory management, the process of ensuring that the data on physical goods remains synced with the accounting ledger. On Tuesday, Doss announced that it raised a $55 million Series B co-led by Madrona and Premji Invest, with participation from Intuit Ventures. Other new and existing inventors in the round include Theory Ventures, General Catalyst, Contrary Capital, and Greyhound Capital. Doss, founded in 2022, originally focused on a core accounting product similar to those offered by AI-native startups like Rillet and Campfire. But last year, the startup decided instead of competing with these companies, 'we would rather partner with them, and play a different game,' Jones told TechCrunch....
Partners Group notes that global growth proved resilient in 2025, despite geopolitical tension and policy uncertainty. Looking ahead, the firm expects continued support from policy measures. In the US, rate cuts delivered in 2025 and a further 25'50bps of easing expected in 2026 should reduce borrowing costs. Around $11trn of floating-rate debt is set to benefit from lower interest expense, easing refinancing pressure ahead of a 2026'2027 maturity wall. Preqin notes that fundraising conditions remain constrained as limited partners continue to manage denominator pressure and slower distribution cycles. While investor appetite for private equity has not disappeared, commitments are being channelled more selectively towards managers with established track records and evidence of realised exits. Re-ups are taking precedence over new relationships. PairSoft serves mid-market and enterprise customers with AI-driven solutions covering accounts payable, procurement, payments, and document management. Its software integrates with ERP platforms including Oracle, NetSuite, Microsoft Dynamics, Blackbaud, and Sage Intacct....
PairSoft serves mid-market and enterprise customers with AI-driven solutions covering accounts payable, procurement, payments, and document management. Its software integrates with ERP platforms including Oracle, NetSuite, Microsoft Dynamics, Blackbaud, and Sage Intacct. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
In early October, DualEntry, an AI enterprise resource planning (ERP) startup, announced a $90 million Series A round led by Lightspeed and Khosla Ventures, valuing the one-year-old business at $415 million. The company seeks to replace legacy software like Oracle NetSuite with its offering that can automate routine tasks and provide predictive insights. The massive funding round from top-tier VCs signaled that the startup is likely experiencing phenomenal revenue growth. However, one VC who declined to invest told TechCrunch that DualEntry's annual recurring revenue (ARR) was just around $400,000 when he reviewed the deal in August. DualEntry's co-founder, Santiago Nestares, denies that number. When asked about revenue when the deal closed, Nestares said it was 'considerably higher than that.' This approach involves deploying massive funding into one startup in a competitive category, aiming to overwhelm rivals by granting the chosen company a bank-account advantage so significant that it creates the appearance of market dominance....
