Your investor updates just got a lot better
TL;DR
Most Series A+ tech companies still manage revenue recognition, attribution (expansion, churn, etc.), and KPIs in spreadsheets. Campfire simplifies the entire process by ingesting your revenue data (customer contracts, Stripe data, etc.) through AI to automate your revenue recognition, invoice management and KPI reporting for any business model (subscription, usage, marketplace, etc.). We’re currently performing the data migration (at no cost!) for new customers through the end of August. Check us out at meetcampfire.com!
Quick tour of our dashboard page
How we know this is a problem
As an exec at Invoice2go (90 employees, Series C), one of the largest pain points John encountered was that the company had outgrown QuickBooks, but the migration to NetSuite didn’t make sense due to pricing, resourcing and the required migration effort. After selling the company to and leading partnerships at Bill.com, John noticed significant innovation happening around core accounting (Brex, Zip, Rippling, etc), but accounting software itself like NetSuite hadn’t been refreshed in 20+ years.
At the same time, Fernando led back-end engineering at Trovata, which is treasury software for customers like Square and Etsy. He realized there was an opportunity to bring enterprise-grade automation to mid-size companies.
Bringing our experiences together, we know that we can make a difference in an area that hasn’t seen improvements in decades.
This was the moment when it sunk in that we’re really in Y Combinator!
Our Solution
To fix this inefficiency, we’ve launched Revenue Management as our first product. We’re migrating accounting and finance teams out of spreadsheets and into automated, AI-powered software that ingests customer contracts and computes revenue recognition and KPIs (ARR, churn, etc.) to improve accuracy, saving both time and money. Early customers are saving 90% of the time it takes to manage revenue, allowing their accounting/finance teams to focus on high-value, impactful work instead of performing manual tasks in spreadsheets. Your investor/Board updates just got a lot better, and your accounting teams just got a lot more efficient. Our product is fully operational for any business model and referenceable with happy campers (pun intended!) like Jenny Jao, Head of Finance at Sprig (Series B) who said:
Our time-to-value with Campfire was really fast. We're moving our revenue and invoice management out of spreadsheets and into Campfire to automate everything. It's a big win for us.
View of a customer contract
Campfire works well for any business model from marketplaces managing hundreds of thousands of monthly transactions in a database to enterprise subscription software managing contracts in spreadsheets. Irrespective of business model, Campfire automates your revenue KPI’s for investor/exec updates and monthly journal entry for any accounting software such as QuickBooks and NetSuite.
Our ask: We’re looking to connect with finance and accounting leaders at Series A+ tech companies to explore how Campfire can save them between one day and one week every month, while turning the lights on their revenue KPIs to improve exec reporting and investor updates.
Launch YC Promo:
We’re currently performing the entire data migration out of spreadsheets (at no cost!) for new customers through the end of August. Upon first login, view all of your revenue KPIs, attribution, and customer- and product-level revenue analysis with the ability to drill down into the data. Reduce your revenue accounting down to a few clicks per month, and increase your efficiency. 📈
Check out our website at meetcampfire.com, drop me a note at john@meetcampfire.com, or schedule a demo to get started.