Last updated: 2026-08-12
Campfire is an AI-native ERP founded in 2023 whose proprietary Large Accounting Model reaches over 95% task accuracy on transaction categorization and bank-entry matching, versus roughly 80% for general-purpose AI. It automates reconciliation, close checklists, and multi-entity consolidation for growth-stage finance teams.
About Campfire
Campfire is an AI-native ERP and accounting platform built by Campfire Software, founded in San Francisco in 2023 by former Bill.com and Invoice2go executive John Glasgow. It targets startups and mid-market tech companies that have outgrown QuickBooks or Xero but are not ready for the cost and complexity of NetSuite or SAP, and customers already running on it include Replit, PostHog and Decagon. The platform is built around a proprietary Large Accounting Model, a foundation model trained specifically on accounting data rather than general text, which Campfire says reaches over 95% task accuracy on transaction categorization and bank-entry matching, compared with roughly 80% for general-purpose AI models. That model powers two customer-facing layers: the Ember AI Assistant, a conversational interface for answering finance questions against live ledger data, and Ember Agents, always-on AI workers launched in March 2026 that reconcile bank transactions, draft flux commentary, and track close-checklist progress, with every suggestion attributed to its source and nothing posted without human review. The core ledger supports multi-entity and multi-currency consolidation across 180-plus currencies in one real-time view, and a separate Revenue Automation module handles recognition and invoicing for subscription and usage-based billing, syncing directly with Stripe data. Campfire is aimed at finance leaders, controllers and CFOs at venture-backed, growth-stage companies managing several legal entities, and at outsourced accounting firms serving that same customer base. Case studies published by Campfire report that Fora Travel cut two days off its monthly close and became 33% more efficient, while TwelveLabs reduced per-line-item transaction categorization from about an hour to ten minutes and cut bank reconciliation time by 80%. Pricing is not published. Campfire sells Core Accounting and Revenue Automation as separate modules that can be bought individually or bundled, with custom quotes based on company size, entity count and modules selected; there is no free tier or self-serve signup. The product is web-only, with no dedicated desktop or mobile app, and connects to more than 100 native integrations including Ramp, Rippling, Salesforce, Stripe, Mercury, Brex and HubSpot, plus a documented API and Model Context Protocol integration for building custom AI workflows on top of ledger data. Campfire has raised more than $100 million since its 2023 founding, including a $3.5 million seed round joined by Y Combinator, a $35 million Series A led by Accel in June 2025, and a $65 million Series B co-led by Accel and Ribbit Capital in October 2025, backed also by Foundation Capital. The company achieved SOC 2 Type II certification, with controls continuously monitored through Drata, and G2 reviewers rate the product 4.8 out of 5 across 26 reviews as of 2026, most commonly praising its interface and implementation support over legacy ERPs.
Pricing
No public price list. Core Accounting and Revenue Automation are sold as separate modules, priced individually or together after a scoped, sales-led quote based on company size and entity count. No free tier; contact Campfire directly for a demo and quote.
Key Features
- Ember AI Assistant: Conversational interface that answers finance questions in real time against live general ledger data instead of static reports.
- Accounting Intelligence (LAM): Campfire's proprietary Large Accounting Model (LAM) is trained specifically on accounting data and scores above 95% on categorization and bank-matching tasks.
- Ember Agents: Always-on AI workers that handle reconciliation, draft variance commentary, and monitor close-checklist status, always under human review before anything posts.
- Multi-entity, multi-currency consolidation: Consolidates every legal entity and every operating currency into one real-time general ledger view without spreadsheets.
- Revenue Automation: A separate Revenue Automation module manages recognition and invoicing across subscription and usage-based contracts, pulling data straight from Stripe.
- Native fintech integrations: Connects natively to fintech and CRM platforms including Stripe, Salesforce, Ramp, Mercury and HubSpot, plus a documented API for custom integrations.
- SOC 2 Type II certified: Independently audited controls across security, availability, processing integrity, confidentiality and privacy, monitored continuously through Drata.
Pros
- Every AI suggestion in Campfire comes with full source attribution, so finance teams can see exactly why a transaction was categorized before approving it.
- Case studies published by Campfire report concrete time savings, including an 80% cut in bank reconciliation time and a monthly close sped up by roughly a third for early customers.
- Independent G2 reviews average 4.8 out of 5 stars (26 reviews, 76% five-star) as of 2026, well above typical legacy-ERP satisfaction scores.
- Investors have committed nine figures to Campfire since 2023, including a $65 million Series B in October 2025 co-led by Accel and Ribbit Capital, alongside Y Combinator and Foundation Capital.
Cons
- Pricing is not published and every purchase requires a sales-led demo and custom quote, unlike self-serve competitors such as Puzzle.
- G2 reviewers describe niche modules like inventory and payroll as early-stage compared with decades-old incumbents such as NetSuite and SAP.
- As a newer entrant compared with decades-old incumbents like NetSuite and SAP, some workflows and modules are less battle-tested.
- No dedicated iOS, Android or desktop client is offered; the product is accessed only through a browser.
Frequently Asked Questions
How much does Campfire cost in 2026?
Campfire does not publish pricing. It sells two modules, Core Accounting and Revenue Automation, individually or bundled, with custom quotes based on company size, entity count and modules selected. Prospective customers request a quote through a demo on campfire.ai, and implementation is typically scoped with Campfire's team or a partner like Zanovoy.
Is Campfire free to use?
No. Campfire has no free tier and no self-serve signup; every customer goes through a sales-led demo and custom quote. Startups wanting a free or self-serve accounting tool before they need ERP-grade multi-entity consolidation typically start with QuickBooks or a lighter-weight bookkeeping tool instead.
What are the best alternatives to Campfire?
Vic.ai focuses specifically on AI-driven accounts payable automation rather than full ERP. Aleph is a better fit for FP&A teams that want AI-native forecasting synced into Excel and Sheets rather than a general ledger replacement. Earlier-stage startups that have not yet outgrown QuickBooks often pick a lighter-weight, self-serve bookkeeping tool instead.
How does Campfire compare to Vic.ai in 2026?
Vic.ai specializes narrowly in AI-powered accounts payable, while Campfire is a full general ledger and ERP replacement with its own Large Accounting Model spanning categorization, reconciliation, revenue recognition and close. Pick Vic.ai if AP automation alone is the problem; pick Campfire if you are replacing QuickBooks or NetSuite outright.
How do you get started with Campfire?
Request a demo at campfire.ai, since there is no self-serve signup. Campfire's team scopes an implementation plan around your chart of accounts, entities and currencies, migrates historical data from your existing system, and connects native integrations like Stripe, Ramp, Salesforce and Mercury before go-live.