Concourse Secures $12M Series A as Its AI Agents Open to a Wider Finance Audience

Concourse has closed a $12 million Series A funding round while simultaneously making its AI agent platform generally available to finance teams of all sizes. The round was led by Standard Capital, with participation from Andreessen Horowitz, CRV, and Y Combinator, alongside a group of CFO angels from companies such as Cursor, Vercel, and Carta.

The announcement marks a shift for Concourse, which until now operated behind a large waitlist and limited-access model. With general availability, finance teams can begin using the platform within minutes, connecting data sources like accounting software, expense tools, billing platforms, and spreadsheets without complex setup.

From Limited Access to General Availability

Concourse was built around a simple but persistent problem in finance: critical insights often sit across disconnected systems, forcing teams to rely on spreadsheets and manual reconciliation even as companies scale. Traditional finance software tends to lock workflows into rigid paths, while deeper analysis still requires time-consuming human effort.

By embedding AI agents directly into a company’s existing financial stack, Concourse aims to bridge that gap. Finance teams can query their data using plain-language prompts, with agents pulling information across systems, applying multi-step logic, and producing analysis that previously required hours of manual work. With the platform now open, smaller teams gain access to the same tooling already used by large enterprises.

Transparency as a Core Design Principle

A notable aspect of Concourse’s approach is its emphasis on visibility into how results are produced. Each agent includes a transparency panel that surfaces the logic behind outputs, including the underlying SQL queries and Python code. For finance teams accustomed to validating numbers and assumptions, this design choice addresses a common concern around “black box” AI systems.

Security and compliance have also been central to the platform’s development. Concourse supports enterprise requirements such as SOC 2 Type II certification, encryption, and SAML/SSO, reflecting its roots in large-scale deployments.

Adoption Across Enterprise and Growth-Stage Companies

Before opening access, Concourse agents were already in use within finance teams at companies including Palo Alto Networks, Front, and Tecovas. According to the company, customers report significant reductions in manual work and a substantial increase in the volume of analysis they can produce, allowing finance leaders to spend more time on strategic decision-making rather than data preparation.

Over the past year, this traction translated into rapid growth, with Concourse reporting sharp increases in both revenue and customer adoption—momentum that helped support the decision to move to general availability.

What This Signals for the Future of Finance Operations

The broader implication of Concourse’s launch goes beyond a single funding round. Tools like these point toward a future where finance teams interact with their data conversationally, while still retaining auditability and control. As AI agents become more embedded in core financial systems, the role of finance professionals may continue to shift—from assembling data to interpreting it, stress-testing assumptions, and guiding business strategy.

If this model continues to mature, enterprise-grade AI agents could become a standard layer in financial operations, not as replacements for human judgment, but as force multipliers that expand what small and large teams alike are able to do with the data they already have.