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Excited to share that Concourse has raised a $12M Series A led by Standard Capital with participation from a16z, CRV, and Y Combinator to fundamentally change how finance teams work with AI agents. Concourse builds AI agents specifically for finance teams. Instead of spending 75% of their time on...

2,043,944 views • 7 months ago •via X (Twitter)

58 Comments

Tiffany Fong's profile picture
Tiffany Fong7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator finance bros are useless now

Not Elon Musk's profile picture
Not Elon Musk7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator I just literally fired my entire accounting department. See you on Mars

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator save me a spot pls

Henrick Johansson's profile picture
Henrick Johansson7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator "Just feed all your financial information to a mysterious robot algorithm and sit back!" The European regulator in me just had a heart attack reading this

Not Jerome Powell's profile picture
Not Jerome Powell7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Firing all my interns as we speak

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator 🤣 can i hire them?

Not Jerome Powell's profile picture
Not Jerome Powell7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator

Chase Passive Income's profile picture
Chase Passive Income7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Can this thing count all the buckets of nickels I collect from my vending machines?

Chris Bakke's profile picture
Chris Bakke7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats @matt_haf on the raise and great that you let a small, emerging firm like @a16z participate.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator 😂😂 thank u!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

We’re building for a problem that is deeply personal to us. @ted_michaels1 and I saw first-hand at @jeeves_inc how scaling finance teams need to balance reporting workflows, ad-hoc questions, scaling processes, and forecasting exercises. Finance teams are stuck choosing between automation (rigid software) or flexibility (manual work). The most critical insights are always scattered across systems. The whys are always the hardest parts to answer. Finance teams never have enough time or resources to do it all.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

Concourse AI agents provide flexibility and automation and allow finance teams to move faster than ever before. Our AI agents connect to your financial stack from ERPs, data warehouses, billing, CRMs, and are powered by natural language, not clicks. Our AI agents generate presentation-ready exports (PPT, PDF, excel, email), proactively send out recurring reports, and show their work with full transparency and audit trails. We've focused and layered on features specifically for finance teams so that our agents natively understand the work and how finance teams actually operate.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

The impact we’ve delivered is real business value. Teams using @Concourse_ai report: - Uncovering revenue leakage worth $10M+ hiding in their data - Catching million-dollar expense errors before they continue to impact the business -Reducing churn rates by 12% through faster insights - Improving collections by 13% with automated monitoring - 5-day presentations created in under an hour - Month-end close review streamlined into minutes, not days - Finance teams are now driving strategy with more capacity and deeper insights. Concourse is bringing the era of AI to finance departments.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

Grateful to partner with Standard Capital and @daltonc, @paultoo, and @berg as we scale. Thank you to the incredible group who joined this round: @svangel, @CaseySWoo and @FogVentures, Ritual Capital, and amazing CFOs and operators from @cursor_ai, @OpenAI, @vercel, @carta, @Rippling, @1Password, @mercury, @brexHQ , @Color, and many more! And the ones who believed in us early @astrange, @illscience, @jamesgreen2016, @thazhmon, @mwseibel, @gokulr, @rexsalisbury, @ben8128, @JonathanLewy, and many more!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

We believe the future of finance isn't about making existing workflows slightly more efficient. It's about fundamentally changing what finance teams can do, how fast they can move, and the strategic impact they have on the business. Concourse makes that possible today. Whether you're a 2-person finance team at a startup or a 200-person department at an enterprise, you can start using Concourse today for free. Connect your data sources in minutes and start deploying AI agents. Try it today at

TTI's profile picture
TTI7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Gonna be fun to watch agents reform our tasks and productivity. Congrats team.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank u 🙏

ZingSignals's profile picture
ZingSignals7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats, Matthieu. Built something finance actually needs.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank u!!

Standard Capital's profile picture
Standard Capital7 months ago

@Concourse_ai @a16z @CRV @ycombinator 🫡

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @a16z @CRV @ycombinator 🤗🤗

Alex Danilowicz's profile picture
Alex Danilowicz7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator what every finance team wishes they had and soon one day will have. Bullish!!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator boom 🚀

Evan's profile picture
Evan7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats to the team!

Dividend Hero's profile picture
Dividend Hero7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Massive launch! Disrupting a very old industry. Lots of opportunity here!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank u!!

Nick Landolfi's profile picture
Nick Landolfi7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator congrats!!

Igotit 🎖️'s profile picture
Igotit 🎖️7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator this is great 👏🏾

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank u 🙏

Zain Rizavi's profile picture
Zain Rizavi7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator congrats dude!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank u boss 🙏

Jason Mok's profile picture
Jason Mok7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats @Concourse_ai @matt_haf @ted_michaels1 on the fundraise, the momentum and the GA release 👏 So excited for what's the come and grateful to be on this journey with you all 🤝

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator @ted_michaels1 thank you so much!! pumped to have you onboard and working together again 🚀

Alan Gosiker - deRecruiters's profile picture
Alan Gosiker - deRecruiters7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Go Matt!! 🐐

Emir Karabeg's profile picture
Emir Karabeg7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Let’s go! 🚀

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank u!!

Monica Cheng's profile picture
Monica Cheng7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Wow, $12M Series A! That's incredible. Love seeing AI agents making such an impact. Congrats!

🅿️'s profile picture
🅿️7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats! Best of luck and look forward to following your success!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank you

dwight churchill's profile picture
dwight churchill7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator 🔥🔥🔥

KSOL's profile picture
KSOL7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator That's really smart, congrats to the team!!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thanks!!

Alex Immerman's profile picture
Alex Immerman7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator huge freaking news - let's go @matt_haf !!!!!

🦦's profile picture
🦦7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator 👏

Menlo Times's profile picture
Menlo Times7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator

Ed (Eduardo) Rodriguez Jr.'s profile picture
Ed (Eduardo) Rodriguez Jr.7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congratulations eager to take it for a spin perhaps integrate it to our @PoseidonxAi marketplace.

Dhavan Khatri's profile picture
Dhavan Khatri7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Huge year ahead!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator grateful to be working with you

Nicolas Boucher's profile picture
Nicolas Boucher7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator I got a preview of how Concourse worked on our first call a year ago, and I’m still excited about what you’re building because: - It clearly connects to data (without a ton of friction) - It can reliably repeat the same reporting, which is exactly what teams need And much more..

Tanay Jaipuria's profile picture
Tanay Jaipuria7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator congrats sir!!

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Thank u

Sleeping Beauty's profile picture
Sleeping Beauty7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator ❤️👍💯

Taranjeet's profile picture
Taranjeet7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats Matthieu & team on the raise.

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator thank you 🙏

KjthisSide's profile picture
KjthisSide7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator Congrats ! looking forward to see how this makes load of work easier

Matthieu Hafemeister's profile picture
Matthieu Hafemeister7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator 100%. Thank you!!

Nick's profile picture
Nick3 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator finance is one of the few places where ai agents have to be right, not just plausible. getting palo alto and front to actually deploy you is the real proof, not the raise. congrats. whats been the hardest part of earning trust with finance teams on agent output?

Adriana Sobota's profile picture
Adriana Sobota7 months ago

@Concourse_ai @Standard_Cap @a16z @CRV @ycombinator ai agents for specific verticals like finance make so much sense. the workflows are well-defined and the roi is easy to measure

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