DualEntry Expands to Europe with a London Headquarters

Santiago is the co-founder of DualEntry. He previously co-founded Benitago, a digital consumer products group that raised $380 million in funding, grew to over 300 team members, and achieved $100M ARR over 8 years before its acquisition in 2024. Santiago has been featured in The Tim Ferriss Show, Forbes, The Wall Street Journal, and more. Originally from Venezuela, Santiago studied Computer Science at Dartmouth before leaving to launch Benitago. At DualEntry, Santiago writes about the future of AI in accounting, ERP modernization, and how finance teams can leverage technology to scale.

DualEntry is opening its European headquarters in London, bringing its AI-native ERP closer to the finance teams already running it across Europe.
Today we’re opening DualEntry’s European headquarters in London, our first office outside New York, where we’ve been building since 2024.
We already serve thousands of users globally, from $5 million revenue companies to NYSE-listed businesses, and a growing number of our customers operate entities across Europe.
Until now, those teams have worked with DualEntry across the Atlantic. The London office brings our team much closer to the customers we already serve across the region.
The opening comes less than a year after our $90 million Series A led by Lightspeed Venture Partners and Khosla Ventures, with participation from GV, Contrary and Vesey Ventures. The round took DualEntry past $100 million raised in 15 months.
Built for finance teams operating across borders
DualEntry is an AI-native ERP for finance teams that have outgrown their existing systems and want an alternative to the cost and complexity of a traditional ERP.
The platform runs a complete general ledger with accounts receivable, accounts payable, live bank connections, audit controls and financial planning and analysis (FP&A), with real-time dashboards over the top. Across those workflows, AI handles bank matching, reconciliation, intercompany allocations and anomaly detection.
Multi-entity, multi-book and multi-currency accounting sit in the core product, not added later as separate modules. DualEntry also supports unlimited entities and is SOC 2, GDPR and CCPA compliant.
That same focus on reducing complexity extends to getting started. With NextDay Migration, companies can move their transaction history and financial documents into the platform in 24 hours. Implementation is handled separately in-house by our team of CPAs, with no implementation fees.
Once live, teams can connect DualEntry to 13,000+ banks and 200+ accounting and technology systems across AR, AP, CRM, HRIS and more. To date, we've processed $100 billion in journal entries with AI automation.
That combination matters because the alternatives can force a difficult choice. Accounting tools like QuickBooks and Xero don't support multi-entity consolidation, so growing companies often end up running separate systems across entities, and pulling everything together manually. Traditional ERPs can handle the complexity, but often come with longer implementations and significantly more administration.
How one customer cut its close from 45 days to 20
Obsidiam is a good example of what that complexity looks like in practice.
The stablecoin infrastructure company operates across six entities, two of them in Switzerland and the European Union, with a seventh in development. Each jurisdiction used to run on its own local accounting software, which pushed quarterly consolidated close at 45 days and left group-wide visibility sitting with one person.
"I was the only person that had full visibility on all the entities," says Carlos Trujillo, Obsidiam's CFO. "We were moving at a very fast pace, and we didn't have the time to do a 6-month or 1-year implementation process."
Obsidiam consolidated all six entities into one general ledger, with automatic revaluation across five base currencies and roughly 50 financial institution accounts bulk-uploaded at setup. The team was operational in three weeks. Quarterly close now takes 20 days instead of 45, and runs with two people, down from five.
Why London?
For our European customers, working with a team based entirely in New York meant doing so across a five-hour time difference. As that customer base grows, having implementation and support nearer to the teams we serve becomes very important.
London gives us that base. It brings us closer to the customers already running DualEntry and gives us room to support more finance teams as we grow here.
If your finance team is dealing with the complexity of multiple entities, currencies or systems, we’d love to talk.



