DualEntry's $90M Funding: AI Kingmaking Trend
Update: 2025-12-04
Description
DualEntry, a year-old AI startup, secured $90M in Series A funding, valuing it at $415M. This kingmaking strategy, where VCs pour massive funds into early-stage startups, is on the rise. DualEntrys competitors, like Rillet and Campfire AI, are also seeing rapid funding. While these startups often have modest revenues, well-funded ones are preferred by large enterprises. However, past examples like Convoy and Bird show that funding doesnt guarantee success.
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