Round, an AI finance automation platform, raised $6 mn in Seed funding to remove manual work from treasury, payments and payroll.
Alstin Capital led the round, with Backed VC and Love Ventures joining. Around 10% of Round’s existing customers also invested. New angel backers included Indeed co-founder Paul Forster.
Existing investors, including Passion Capital, increased their positions.
Round pitches a different model for finance teams. It moves beyond software which flags issues or offers recommendations. The platform carries out operational tasks, including payments, payroll and cash management.
According to the company, its AI tools act as an execution layer across disconnected finance systems, reducing reliance on staff as human middleware.
Less than a year after launching its first automated workflows, Round has processed more than $500mn in transactions. Customers include Cleo and PostHog.
The company will use the new capital to speed up product work, add staff across engineering and go-to-market, deepen links with banks and finance systems, and scale platform infrastructure.
Round also launched two products alongside the funding. Its Agentic Workflow Builder lets finance teams describe an automated workflow in plain English, then the platform builds it for review and approval.
Its Autonomous Payroll product manages payroll from funding through payment execution.
Hayyaan Ahmad, co-founder of Round, said the company is building for a market where finance teams move past analysis and handoffs. He said the company is not aiming to replace finance leaders with an AI-driven CFO but instead focuses on automating the repetitive operational tasks that finance teams typically handle manually.
We are building for the finance team of the future, one that understands the importance of automation to keep up with the pace of modern companies. AI tools are rapidly being deployed across the industry, and finance teams do not need to be left behind
Hayyaan Ahmad, co-founder of Round
He said many teams still spend too much time stitching systems together.
With Round, they set out what needs to happen, approve it, and the platform runs the process in the background. He said the funding will help Round take this model across repetitive finance work, including payments and payroll, and push teams away from manual execution toward more strategic work.
We’re building for a world where finance doesn’t just analyse what’s happening – it actually runs it. Finance teams spend too much time acting as the glue between systems.
Hayyaan Ahmad, co-founder of Round
“With Round, they can describe what needs to happen, approve it, and it runs automatically in the background. This funding allows us to take that model across every repetitive process in finance – from payments to payroll – and move teams away from manual execution towards real strategic work,” Hayyaan Ahmad says.
The newly launched Agentic Workflow Builder enables finance teams to describe workflows in natural language, which the platform converts into automated processes running continuously in the background.
Meanwhile, Autonomous Payroll streamlines the entire payroll cycle, from importing payslips and routing approvals to funding and executing payments, eliminating the need to manage multiple systems manually.
The new funding will be used to accelerate product development, expand the company’s engineering and go-to-market teams, deepen integrations with banks and financial systems, and scale its infrastructure.
Round also plans to support community-led growth initiatives, including finance-focused hackathons, workshops, and webinars aimed at helping organisations adopt automated financial workflows.
