Nominal’s $20M Raise Backs Push to Modernize ERP Workflows

“Unlike traditional systems of record, Nominal is a system of intelligence"
In a finance department at a mid-sized energy firm, what used to be 20 hours of tedious intercompany reconciliation per week is now handled autonomously. The software behind that shift comes from Nominal, an enterprise tech startup betting that the future of corporate finance hinges on AI agents, not dashboards or process mapping tools, but task-completing software that works alongside existing ERP systems without requiring a rip-and-replace approach. Founded in 2023 by Cognigo veterans Guy Leibovitz and Golan Kopichinsky, Nominal emerged with a $9.2 million seed round and recently secured an additional $20 million Series A led by Next47 and Workday Ventures. The company, which now employs about 40 people, says its agents have already eliminated more than 50,000 hours of manual accounti
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Picture of Mukundan Sivaraj
Mukundan Sivaraj
Mukundan is a writer and editor covering the AI startup ecosystem at AIM Media House. Reach out to him at mukundan.sivaraj@aimmediahouse.com.
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