AI Megarounds Target ERP, Coding and Back-Office Work
Monday, May 11, 2026 · 10 min

Enterprise AI funding is clustering around gritty workflow replacement, from ERP modernization and autonomous coding to receivables and construction procurement. Investors are still paying up where startups can claim real enterprise integration, not just model-layer novelty.
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Enterprise AI funding is clustering around gritty workflow replacement, from ERP modernization and autonomous coding to receivables and construction procurement. Investors are still paying up where startups can claim real enterprise integration, not just model-layer novelty.
In this episode
- Tessera Labs Secures $60M in Funding Led by Andreessen Horowitz to Transform ERP Modernization — The AI Insider
Tessera Labs Secures $60M in Funding Led by Andreessen Horowitz to Transform ERP Modernization - Newsletter - AI Funding & Investment # Tessera Labs Secures $60M in Funding Led by Andreessen Horowitz to Transform ERP Modernization - James Dargan - May 9, 2026 - 7 min read Insider Brief - Tessera Labs has raised $60 million in an oversubscribed round led by Andreessen Horowitz, with…
- Blitzy Raises $200M at $1.4B Valuation to Accelerate AI-Driven Software Development for Enterprises — AI Insider
Blitzy Raises $200M at $1.4B Valuation to Accelerate AI-Driven Software Development for Enterprises - Newsletter - AI Funding & Investment # Blitzy Raises $200M at $1.4B Valuation to Accelerate AI-Driven Software Development for Enterprises - James Dargan - May 8, 2026 - 7 min read Cambridge-based autonomous coding startup Blitzy has closed a $200 million funding round led by Northzone,…
- EU-backed Kembara's first big bet is $160m Quantum Motion round — Silicon Republic
EU-backed Kembara's first big bet is $160m Quantum Motion round # EU-backed Kembara’s first big bet is $160m Quantum Motion round 8 May 2026 Save article From left: Javier Santiso, Siraj Khaliq, Robert Trezona, Yann de Vries and Pierre Festal. Image: Kembara Mundi Ventures’ EU-backed Kembara fund has made its first major investment by co-leading a $160m round with DCVC in the UK’s Quantum…
- Fazeshift Raises $17 Million To Bring AI Automation To Accounts Receivable - Accountio — Accountio
Fazeshift Raises $17 Million To Bring AI Automation To Accounts Receivable - Accountio Fazeshift, the San Francisco startup deploying artificial intelligence agents to automate accounts receivable workflows, has closed a $17 million Series A funding round, bringing its total capital raised to $22 million. The deal adds to a wave of venture funding into accounting technology startups, a category…
- ProcurePro raises $15 million Series B round — Business News Australia
ProcurePro raises $15 million Series B round # ProcurePro raises $15m in Series B as scale-up targets US market for its construction procurement AI 11 May 2026 (L-R) ProcurePro co-founders Tim Rogers (head of product), Nathan Denchman (head of engineering), Tom Newby (head of data/AI), Jesse Dymond (head of design) and Alastair Blenkin (CEO) Construction procurement software company ProcurePro…