# Concourse

> Concourse builds enterprise-grade AI agents purpose-built for corporate finance teams. The platform connects directly to a company's existing financial stack - ERPs, accounting systems, data warehouses and billing platforms - and lets finance, accounting and data teams query, analyze and report on their numbers using natural language. Every result is traceable back to the underlying SQL and Python logic, addressing the accuracy and audit demands that generic LLMs cannot meet. Founded in 2023 by former Jeeves operators Matthieu Hafemeister and Ted Michaels, the New York company raised a $12M Series A in January 2026 and counts Palo Alto Networks, Front and Tecovas among its customers.

- **Founded:** 2023
- **Headquarters:** New York, New York, United States
- **Founders:** Matthieu Hafemeister (Co-Founder & CEO), Ted Michaels (Co-Founder)
- **Team size:** ~16 employees
- **Products:** Chat, Native Reporting, Exports, Audit Trail / Transparency Panels
- **Notable:** Raised $12M Series A in January 2026 led by Standard Capital, Reached general availability, opening to finance teams of any size, 19x revenue growth over the trailing 12 months

## Products & services

- **Chat** — Query financial data across connected systems using natural language for instant, ad hoc analysis.
- **Native Reporting** — Automate recurring reporting workflows on custom cadences, generating presentation-ready outputs.
- **Exports** — Produce polished, presentation-ready deliverables in PDF, Excel and PowerPoint from agent output.
- **Audit Trail / Transparency Panels** — Trace every result back to the source data and the underlying SQL and Python logic for verification and compliance.

## Achievements

- Raised $12M Series A in January 2026 led by Standard Capital
- Reached general availability, opening to finance teams of any size
- 19x revenue growth over the trailing 12 months
- 13x increase in customer base year over year
- Deployed at Fortune 500 (Palo Alto Networks), unicorns (Front) and high-growth brands (Tecovas)
- Reported customers cut manual work by over 75% and produce 6x more analysis

## Latest updates

- **2026-02** — AlleyWatch feature detailing Concourse's approach of connecting AI agents directly to enterprise financial stacks.
- **2026-01** — Announced $12M Series A led by Standard Capital and moved its AI finance agents into general availability.
- **2024-10** — Raised $4.7M seed round co-led by a16z and CRV; profiled by TechCrunch.

## Links

- Website: https://concourse.co
- LinkedIn: https://www.linkedin.com/company/concourseai/
- Twitter/X: https://x.com/Concourse_ai
- Facebook: https://facebook.com/concourse.co

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Profile page: https://yespress.io/concourse
Published by YesPress — https://yespress.io
Last updated: 2026-07-21