Agave's website preview

Well Run profileThe Chase Pack · #217 of 720

Position 217

Agave

AI agents for construction accounting: AP invoices, expenses, job costing, ERP sync

Pace
4:40/kmTempo4.0
Distance
Distance Half.
Open ops roles
2
Last week
#104
Move
▼ 113
Peak
#104
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#94#157#220#104Oct 18#210Oct 25
Pace score
02464.5Oct 184Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Agave runs in the Tempo lane (4:40/km): 17 of 166. Further right = more momentum. No competitors on the board yet, so it runs alone.

Also competes with: Adaptive, Ryvit (Trimble App Xchange), Procore Pay, Stampli

Total raised
$20M+ (company-stated)see rounds ↓
Headcount
85 (Tracxn official count)as of Oct 2026 platform.tracxn.com ↗
Founded
2021
HQ
San Francisco, CA

Leadership

The problem

Contractor finance teams re-key invoices and reconcile job costs by hand across decades-old ERPs with no APIs

What they do

AI agents for construction accounting: AP invoices, expenses, job costing, ERP sync

Traction Recurring revenue ~3x YoY; 500+ customers; profitable 2+ years; AI revenue up 10x+

Hiring trend

Open roles
9
Ops roles
2
Headcount
~85-95

Headcount ~59 → ~95 in 12 mo (+61%, LinkedIn est.); plans to 3x team in 2026

Hiring in

  • San Francisco
  • Remote

Funding

Last round
$15M
Stage
Series A
Date
Jul 2026

Led by Accel

Distance

Half · edge: hard to leave

Four years of two-way connectors into 14+ construction ERPs (one of two firms with Sage's exclusive APIs) make it hard to replace, with proof in profitable 3x growth and 500+ customers; still small next to Procore and Trimble, and it depends on those vendors' systems.

Sources: Agave: Announcing our $15M Series A (Jul 2026) ↗ · Accel: Leading Agave's Series A ↗ · Agave: deeper partnership with Sage ↗

Last checked Oct 25, 2026

News timeline

  1. Aug 2026Adds vendor statement reconciliation to AP Automation linkedin.com ↗
  2. Jul 2026Raises $15M Series A led by Accel; 500+ customers, profitable 2+ years businesswire.com ↗
  3. May 2026Officially launches AP Automation for construction accounting linkedin.com ↗
  4. Dec 2025Expands Sage partnership: one of two firms with restricted construction ERP APIs useagave.com ↗

Funding historyTotal raised $20M+ (company-stated)

  1. Jul 2026Series A$15MLed by Accel businesswire.com ↗
  2. Aug 2023Seed$2.9MLed by Accel techcrunch.com ↗
  3. Jan 2022Seed (Y Combinator W22)$500KLed by Y Combinator app.dealroom.co ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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