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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Official website: https://www.concourse.ai