Q
Qurrent
Fully-managed autonomous AI workforces for back-office operations
About Qurrent
Qurrent is a San Francisco-based technology company that provides autonomous digital workforces to automate complex back-office operations for enterprises. The company was co-founded in May 2023 by CEO Colin Wiel and CTO August Rosedale. Wiel is a seasoned entrepreneur who previously co-founded Waypoint Homes, which went public, and Mynd, a property management technology firm. His experience with AI dates back to the 1990s at Boeing. Rosedale has a background in AI and agent systems. The founding team also includes Tony Ko as a Founding Member and SVP of Customer & GTM.
Qurrent's business model is centered on providing fully-managed digital workforces that handle entire operational workflows independently, a departure from typical AI assistant tools that require human prompting. The company offers a managed service, deploying and operating these digital workers on behalf of its clients and guaranteeing performance outcomes through contractual service-level agreements. This approach aims to provide businesses with predictable results while eliminating the need for them to build and maintain their own automation systems. Qurrent's services are platform-agnostic, integrating with existing ERPs, CRMs, and other vertical software. The process begins with discovering and mapping a client's existing workflows, followed by designing, simulating, and embedding the custom digital workforce into their business operations within weeks.
The company's AI-powered platform is designed to handle functions such as invoice-to-cash, dispute resolution, contract and billing audits, procure-to-pay, revenue operations, and talent management. It serves clients across various industries, including finance, supply chain, legal, and property management. Early deployments have demonstrated significant efficiency gains. For example, an ad tech platform reduced its monthly partner payment processing time from 25 days to under 30 minutes, and a property investment firm saved over 18,000 hours and reduced operational costs by over $800,000 in one year.
In February 2025, Qurrent announced $3 million in pre-seed funding. This was followed by a $15 million Series A funding round in March 2026, led by Cervin Ventures with participation from Streamlined Ventures. The company plans to use the capital to accelerate enterprise expansion and further develop its platform.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- San Francisco, United States
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 86.2/100
- Industry
- Enterprise Software
- Sector
- AI, Core AI, Automation Solutions, slush24
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2026 | $15M | $60M | Streamlined Ventures · Cervin Ventures | ↗ |
Growth signals
Latest recorded traffic for Qurrent is 2.9K monthly website visits, down 3.3% over the last three months. Qurrent's team grew 25.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Cervin Ventures
Streamlined Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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