Core Insights - Campfire, an AI accounting startup, completed a $35 million Series A funding round led by Accel, with participation from Foundation Capital, Y Combinator, Capital 49, and angel investor Dan Kang [1][2] - The company aims to disrupt legacy ERP accounting software like NetSuite by automating tedious financial tasks using LLM-driven solutions [2][3] - Campfire has already attracted around 100 clients, including a global client with an annual recurring revenue (ARR) nearing $250 million, demonstrating its competitive potential in the market [2] Funding and Market Potential - Accel partner John Locke was impressed by the willingness of large enterprises to trust a seed-stage startup with their entire ERP systems, which influenced his decision to lead the funding round [3] - The ERP software market is projected to reach $56 billion in total size by 2024, highlighting the significant market opportunity for AI-enabled ERP solutions [3]