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Concourse Raises $12m Series A and Expands Access to it’s Enterprise-Grade AI Agents for Finance

Concourse Raises $12m Series A and Expands Access to it’s Enterprise-Grade AI Agents for Finance

February 4, 2026 Craig Etkin

Backed by Standard Capital, a16z, CRV, and Y Combinator, Concourse Becomes Generally Available to Finance Teams of All Sizes

NEW YORK, Jan. 27, 2026 /PRNewswire/ — Concourse, the enterprise-grade AI agent platform for finance teams, today announced two major milestones: the general availability of its AI agent platform and the close of a $12 million Series A funding round led by Standard Capital, with participation from Andreessen Horowitz, CRV, and Y Combinator, as well as CFO angels from companies including Cursor, Vercel, and Carta.

With today’s launch, any finance team can begin using Concourse for free in minutes through a new open-access onboarding experience. Teams can immediately connect core data sources such as QuickBooks, Ramp, Stripe, or CSVs, without custom setup or long implementation cycles. Previously available only through limited access and supported by a multi-thousand company waitlist, Concourse is now bringing its enterprise-grade AI agents to teams of all sizes, with transparent, usage-based pricing.

“Finance teams have long been forced to choose between flexibility and automation,” said Matthieu Hafemeister, CEO and Co-Founder of Concourse. “Concourse eliminates that tradeoff by embedding AI agents directly into the financial stack. Our agents automate analysis using natural language, while showing their work, from logic to underlying queries, so teams can trust the answers and understand what’s driving the business.”

While traditional finance software relies on rigid, deterministic workflows, critical insights still live across spreadsheets and disconnected systems. As companies scale, this fragmentation creates manual work, slows decision-making, and limits finance teams’ ability to keep up with the pace of the business. Concourse addresses this by connecting AI agents directly to a company’s existing financial stack, including ERPs, billing systems, CRMs, expense tools, and data warehouses.

Customers using Concourse are able to move faster and operate with significantly greater capacity. Teams generate reports and presentation-ready outputs in minutes, automate recurring analysis through proactive reporting agents, and keep pace as the business grows. Finance teams report reducing manual work by up to 75%, freeing leaders to focus on higher-value analysis rather than data manipulation. Within months of adoption, teams typically produce multiple times more analysis than before, driving deeper insights and better decision-making.

“Concourse is the kind of company we like to fund with strong product-market fit, clear and growing demand,” said Dalton Caldwell, Co-Founder and Partner at Standard Capital. “Matthieu and Ted have already demonstrated how impactful these agents can be inside large organizations. We’re excited to support this next phase, where any finance team can start using Concourse immediately,” added Paul Buchheit, Co-Founder and Partner at Standard Capital.

Concourse agents are already deployed across finance teams at companies including Palo Alto Networks, Front, and Tecovas, spanning Fortune 500 enterprises, unicorns, and high-growth startups. With the platform now generally available, Concourse is extending the same capabilities trusted by large enterprises to finance teams of any size. The Series A funding will also support continued investment in agent capabilities for enterprise customers, while broadening access across the broader finance market.

Concourse includes a built-in transparency panel that surfaces each agent’s reasoning, including the underlying SQL and Python used to generate outputs. The platform is designed with enterprise-grade security and compliance, including SOC 2 Type II certification, encryption, SAML/SSO support, and strict data-handling controls. The new funding will further support investments in security, reliability, and agent development as Concourse continues to scale.

ABOUT CONCOURSE

Concourse builds AI agents for corporate finance teams. The platform works alongside finance teams to automate the most manual and time-consuming aspects of day-to-day operations. Concourse’s agents are purpose-built for finance, with full connectivity to a company’s existing financial systems, enabling teams to retrieve and analyze data through natural language and dramatically increase productivity. Concourse is backed by leading Silicon Valley investors including Standard Capital, Andreessen Horowitz, CRV, and Y Combinator.

Learn more at www.concourse.ai or connect with us via LinkedIn or X.

MEDIA CONTACT
press@concourse.co

SOURCE Concourse

Copyright © 2026 Cision US Inc.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

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In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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