Ampersand raises $15M to connect AI agents with legacy enterprise systems
What's the deal? Ampersand has raised $15 million in a Series A round led by Bessemer Venture Partners. The company builds integration infrastructure that lets AI agent applications work with legacy systems of record like CRMs and ERPs.
Why now? Enterprises want AI tools, but decades-old systems — often heavily customised — stall adoption. Ampersand aims to make those systems legible to agents, handling the unique configurations that vary from one company to the next.
What's the endgame? The company creates a custom data model covering the fields, objects, permissions, and workflows that define each enterprise, letting agents take bi-directional actions inside existing systems. It has also launched AndiDealroom has a profile for this one. Try Dealroom →, an integration agent that helps developers get products running across different customer environments.
Co-founder and chief executive officer Ayan Barua framed the task plainly. "Our objective is to enable seamless communication between these two eras of software," he said.
What are customers saying? John Pena, chief technology officer at Hatch, an AI communications platform acquired by Yelp, said the tool opened new markets. "We've expanded our market reach without the typical maintenance headaches," he said.
Ampersand bets that incumbents like Salesforce and NetSuite will persist, despite talk of a "saasapocalypse." Its pitch is to bridge legacy software and AI-native tools rather than replace either.
What could go wrong? Lead investor Lauri Moore, a partner at Bessemer, flagged the core risk. "Connecting an agent to a system of record may seem simple during demonstrations, but maintaining that connection across numerous customers while ensuring accuracy is the real challenge," she said.
The signal: The $15 million round sits near the middle of the range for comparable deals, a modest but telling bet. Investor appetite is shifting toward the unglamorous plumbing that connects AI agents to the systems where enterprise work already happens.
Read more: third-news.com
Image credit: Ampersand