Zalos, a London- and San Francisco-based developer of Computer Agents for finance operations, has raised €3.1 mn in seed funding to expand beyond major midmarket ERP systems and move deeper into large enterprise deployments and on-premise environments.
The round was led by 14 Peaks, with participation from Cohen Circle, 20VC, and several angel investors.
William Fairbairn, chief executive and co-founder, said finance teams already have the systems they need, though much of the work still gets done manually because the stack remains disconnected. He said Zalos was built on the view that chief financial officers should not need to rip out existing systems to use the latest AI tools.
Instead, the company wants to sit on top of what is already in place. In his words, Computer Agents that can log in and run workflows end to end offer the fastest route to real change in finance operations.
Zalos is taking a route that fits a wider shift in the market, non-invasive automation built to work on top of existing ERP systems through user interfaces instead of APIs. No system replacement. That’s the point.
Much of the recent activity has centred on France and Germany. Zalos adds a UK-linked entrant to the same emerging category.
Hung Hoang, chief technology officer and co-founder, said the opportunity reflects a basic structural problem in enterprise finance.
Innovation in legacy ERP systems has slowed, which has left finance teams doing more manual work instead of getting the transformation they were promised.
He said AI-native ERPs may suit companies that have not yet committed to a core system, though for most midmarket and enterprise teams, replacing an embedded ERP is not an attractive option. Too many processes sit inside those systems, and too many difficult implementations are still fresh in memory.
He said the rise of reliable Computer Agents creates a third route. These agents sit on top of the existing stack and use it the way a person would.
The process starts with screen recordings, then the workflow gets automated on a continuing basis.
Founded in 2025, Zalos builds Computer Agents that log into ERPs and other systems with usernames and passwords and automate repetitive finance work such as billing, reconciliations, and accounts payable.
The company was founded by Fairbairn and Hoang. Fairbairn previously spent years at Agicap speaking with hundreds of CFOs and hearing the same complaint again and again, ERP implementations take more than 12 months, bring limited upside even when they work, and carry real career risk when they fail.
Hoang left Apple Pay after five years and focused on Computer Agents because they avoid the API problem that has held back so many automation efforts in finance.
Zalos says its agents turn screen recordings of finance workflows inside systems or Excel into automated processes.
The agents operate inside ERPs, Excel, email, and internal tools, logging in, clicking through screens, entering data, and checking controls. Each action is captured in an auditable log and wrapped in enterprise security controls.
The company argues that modern finance teams still run on fragmented stacks made up of ERPs, CRMs, spreadsheets, email, and banking platforms that were never built to work smoothly together.
APIs across those systems are often missing or incomplete, which turns finance teams into the human API, stitching data together manually to complete billing, close books, and produce reporting the business depends on.
Emanuele Larocca, principal at 14 Peaks, said finance operations remains one of the last areas where system complexity and embedded infrastructure have made it genuinely hard for CFOs to capture the return on AI they were promised.
He said Zalos avoids that problem by operating systems as a human would and training agents through screen recordings, which gives finance teams the benefits of transformation without losing internal knowledge or forcing system replacement.
The platform works inside NetSuite, Sage, and SAP S/4HANA without heavy integration work.
Every agent action is recorded in an auditable log, and the platform is built around enterprise-grade security, including SOC 2 Part II certification, enterprise single sign-on, role-based access controls, and on-premise deployment options.
Common use cases include billing automation across multiple systems, month-end reconciliations, and KPI reporting across multiple ERP instances.
