DualEntry

DualEntry is an enterprise resource planning (ERP) software platform that includes a general ledger and tools for systems integration, workflow automation, financial reporting, and data processing. Backed by Lightspeed Venture Partners, Khosla Ventures, Google Ventures, and Contrary, DualEntry is headquartered in New York City.

History

DualEntry was founded in 2024 by Santiago Nestares and Benedict Dohmen. The platform provides tools for transaction categorization, bank reconciliation, and financial data processing. It includes features for migrating historical financial data from legacy systems. DualEntry has SOC 2 Type I and Type II certification and complies with IFRS, GAAP, GDPR, and CCPA.

In May 2024, the company raised $6 million in seed funding led by Contrary, Carya Venture Partners, and Ludlow Ventures.

In September 2025, DualEntry raised $90 million in a Series A funding round co-led by Lightspeed Venture Partners and Khosla Ventures, with participation from Google Ventures and Contrary, valuing the company at approximately $415 million.

Reception

The New York Post described DualEntry as an AI-powered accounting platform that consolidates core accounting functions into a single system.

Built In noted that the platform supports general ledger, accounts payable, accounts receivable, and financial planning and analysis across multiple currencies and entities.