NEW YORK, Oct. 3 -- Dual Entry, an artificial intelligence startup aiming to modernize enterprise resource planning (ERP) systems, has raised $90 million in a Series A funding round led by Lightspeed Venture Partners and Khosla Ventures, with participation from GV (Google Ventures). The deal values the year-old company at $415 million.

Dual Entry's flagship product is an AI-native platform designed to automate financial workflows and drastically accelerate ERP adoption. Its signature "NextDay Migration" feature can transfer a company's historical financial data from legacy systems onto its platform within 24 hours-a process that typically takes months and involves costly consultants.

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