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Concourse

Category: AI in Fintech

AI agent platform that automates finance operations (FP&A, accounting, treasury, audit) for enterprise finance teams. Concourse was founded in 2023. The company is led by Matthieu Hafemeister. Based in New York, NY, USA. Team size: 11-50. Total funding raised: $17.2M. Latest round: Series A. Key investors include Standard Capital (Series A lead), Andreessen Horowitz (a16z), CRV, Y Combinator, BoxGroup, SV Angel, FOG Ventures, Ritual Capital, CFO angels (Cursor, Vercel, Carta, 1Password).

Founded
2023
Headquarters
New York, NY, USA
Team size
11-50
Total funding
$17.2M

Value proposition

Custom-built AI agents that connect natively to a company's existing financial systems, automating manual analysis, reporting, and workflows while remaining auditable and defensible.

Products and solutions

Flux & Variance Agent, Close Agent, Forecast Agent, AR & Collections Agent, Weekly Business Review Agent, AI Reporting Agent, agents across Treasury / Strategic Finance/FP&A / Accounting / Internal Audit

Unique value

Custom-built (not off-the-shelf) AI agents built and owned by in-house teams of ex-CFOs and forward-deployed AI engineers, with full source-of-truth traceability and audit-ready outputs, delivered inside existing tools (Slack, Teams, Excel, ChatGPT, Claude).

Target customer

Enterprise finance teams (FP&A, accounting, treasury, internal audit) at large/Fortune 500 companies

Industries served

Corporate finance / Enterprise finance operations

Technology advantage

Forward-deployed engineering model combining finance domain experts with AI engineers to encode business logic into agents; native integration into existing enterprise financial stacks; SOC 1/SOC 2 Type II compliant AI governance layer.

How they differentiate

Unlike collaborative-planning tools (Mosaic) or Excel-modeling enhancers (Datarails), Concourse offers autonomous, custom-built AI agents purpose-built for finance operations across the full finance stack (not just FP&A).

Main competitors

Mosaic, Datarails, Vic.ai, Ramp (adjacent)

Key partnerships

Customers/case studies include Palo Alto Networks, Lightmatter, Carrot, CurbWaste, integrates with ChatGPT, Claude, Slack, Teams, Excel, PowerPoint

Notable customers

Palo Alto Networks, Lightmatter, Carrot, CurbWaste, Front, Tecovas, Tempo, Persona, Maximus

Major milestones

2023: Founded by Matthieu Hafemeister and Ted Michaels, Oct 2024: Emerged from stealth with $4.7M seed from a16z/CRV, Jan 2026: Closed $12M Series A led by Standard Capital and launched general availability (total funding ~$17.2M), Aug 2026: Launched Concourse AI Reporting Agent for automated financial report creation and distribution

Growth metrics

100+ finance departments using platform; 1,000+ AI agents built & deployed; $260M+ in measurable revenue and savings generated; 86% reduction in manual finance work; 20+ hours saved per user per month; 75% reduction in manual work with 6x more analysis (case study figures)

Market positioning

Enterprise-grade AI agent layer for finance, positioned above point-solution finance software as an execution/automation layer.

Geographic focus

United States (enterprise/Fortune 500 finance teams), primarily NYC-based

About Matthieu Hafemeister

Ex-Partner at Andreessen Horowitz; Head of Growth at Jeeves. B.A. from Claremont McKenna College.

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