Derived from 528btc, AI enterprise resource planning (ERP) startup DualEntry has raised a $90 million A-round led by Lightspeed and Khosla Ventures, achieving a $415 million valuation. The funding reflects a 'kingmaker' strategy among top venture capital firms, who are investing heavily in early-stage AI companies to outpace competitors. Rivals Rillet and Campfire AI have also secured large funding rounds recently. While this strategy has led to market dominance in some cases, such as Uber, it also carries risks, as seen in the failures of Convoy and Bird.
AI ERP Startup DualEntry Raises $90M in A Round at $415M Valuation
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