London-based Round, an AI-powered finance automation platform, has raised $6 million in seed funding to accelerate the development of its financial infrastructure and expand its product offering. The round was led by Alstin Capital, with participation from Backed VC and Love Ventures. Around 10 per cent of Round’s existing customers joined the round, alongside angel investors including Paul Forster, founder of Indeed. Existing investors, such as Passion Capital and early backers of Monzo, Tide, and GoCardless, also took part.
Alongside the funding, Round announced the launch of two new products: Agentic Workflow Builder and Autonomous Payroll, both designed to streamline financial operations and reduce manual workload.
Despite significant investment in finance software, many finance teams continue to operate across fragmented systems, manually managing tasks such as invoice approvals, payment execution, and payroll funding.
Round addresses this challenge by combining intelligence with financial infrastructure to automate these workflows. Its platform integrates with existing banks and accounting systems, enabling finance teams to define rules for approvals, payment schedules, and cash management, while the system executes these processes automatically and synchronises data with enterprise resource planning (ERP) systems.
Pac O'Shea, co-founder of Round, said the company is not aiming to replace finance leaders with an AI-driven CFO but instead focuses on automating the repetitive operational tasks that finance teams typically handle manually.
We are building for the finance team of the future, one that understands the importance of automation to keep up with the pace of modern companies. AI tools are rapidly being deployed across the industry, and finance teams do not need to be left behind,
added Hayyaan Ahmad, co-founder of Round.
The newly launched Agentic Workflow Builder enables finance teams to describe workflows in natural language, which the platform converts into automated processes running continuously in the background. Meanwhile, Autonomous Payroll streamlines the entire payroll cycle, from importing payslips and routing approvals to funding and executing payments, eliminating the need to manage multiple systems manually.
The new funding will be used to accelerate product development, expand the company’s engineering and go-to-market teams, deepen integrations with banks and financial systems, and scale its infrastructure.
Round also plans to support community-led growth initiatives, including finance-focused hackathons, workshops, and webinars aimed at helping organisations adopt automated financial workflows.
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