VCs deploy ‘kingmaking’ strategy to crown AI winners in their infancy
While VCs have long used big investments to spur category winners, they are taking this strategy to new extremes.
ERP software
Tailor, a ‘headless’ ERP startup, raises $22M Series A
Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round. Investors include ANRI, JIC Venture Growth Investments (JIC VGI), New Enterprise Associates (NEA), Spiral Capital and Y Combinator. ERP systems typically come with a single interface that includes all the necessary functions, but this […]
Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A
Campfire was launched in 2023 to upend 1990s-era enterprise resource planning accounting software (ERP) like Netsuite with an LLM-powered alternative.