Hayyaan Ahmed
April 10, 2026
LONDON, UK 10 April 2026: Round, the AI-powered finance automation platform used by some of Europe's fastest-growing companies and unicorns such as Cleo and PostHog today announced it closed $6 million in seed funding and the launch of two new products: an Agentic Workflow Builder and Autonomous Payroll.
The round was led by Alstin Capital, with participation from Backed VC and Love Ventures. Notably, around 10% of Round’s existing customers also invested, alongside new angel investors including Paul Forster, Co-Founder of Indeed. Existing investors, including Passion Capital, the early backers of Monzo, Tide, and GoCardless, also doubled down on their investment.
Despite billions spent on finance software, most finance teams still operate as the connective tissue between disconnected systems. They approve invoices in one tool, log into bank portals to pay, chase contractors over email, and reconcile across spreadsheets. Much of this isn't strategic work; it's the kind of thing they would hand to a junior hire if they had the headcount. Every payment run, every payroll cycle, every cash sweep requires a human in the loop, not making decisions, but executing steps.
"Everyone's trying to build an AI CFO. Cursor didn't get big by replacing the CTO. It got big by doing the work which engineers didn't want to do. We're taking the same approach, but for finance," said Pac O'Shea, Co-Founder of Round.
“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.
While most AI in finance stops at copilots and chatbots: summarising data, answering questions, suggesting next steps, Round has built both the intelligence and the infrastructure: wallets, payment rails, and treasury that work alongside a company's existing banks and accounting software.
Finance teams set the rules: approval thresholds, payment schedules, cash minimums and Round executes automatically. Payments go out. Idle cash earns yield. Payroll is funded and paid on schedule. Everything syncs back to the ERP.
Round is ISO 27001:2022 certified and works exclusively with FCA-regulated financial partners for its products. All transactions are logged with complete audit trails within the dashboard, giving finance teams full visibility and control across every movement of funds.
"Round understands that true finance automation requires infrastructure, not just software. The platform is positioned between banks, ERPs, and payment rails and orchestrates cash flows in real time. This is not an optimization of existing processes, but a fundamentally new way for companies to manage their finance operations. This vision and impressive execution convinced us as lead investor," says Andreas Schenk, partner at Alstin Capital.
Agentic Workflow Builder
A CFO can describe the workflow they want automated in plain English and Round builds the workflow for their approval. Fund payroll early. Sweep idle cash into yield-bearing accounts. Chase contractors for missing invoices. Once approved, workflows run deterministically, 24/7 and ping you on Slack, WhatsApp, or email only when something needs attention. The kind of work that used to require a junior hire now runs in the background, continuously. The Agentic Workflow Builder is currently in early access, with select customers already testing workflows across treasury, payments, and finance operations. Companies interested in trying the feature can request access through the Round platform.
Autonomous Payroll
Payroll runs itself. Round pulls payslips from your provider, preps the run, routes approval to the right person, funds from treasury, executes payment, and confirms when it's done. No more logging into multiple systems. No more manual funding.
Round launched its first automated workflows less than a year ago. Since then, the platform has processed over $500 million.
Round's growth reflects a broader shift toward AI-first finance platforms. The goal isn't to replace CFOs or finance leaders, it's to eliminate the low-value manual work that fills their days and gets pushed to junior staff: chasing invoices, funding payment runs, moving cash between accounts, reconciling transactions. Round's infrastructure layer handles the entire job end-to-end: capture the invoice, route the approval, fund the payment, pay the invoice, and reconcile the books. Finance teams stay in control. The busywork doesn't.
The funding will be used to accelerate product development, expand the engineering and go-to-market teams, deepen integrations across banks and financial systems, and scale the platform's infrastructure. We also plan to invest in community-led growth through finance-focused hackathons, hands-on workshops, and webinars designed to help teams discover and build automated workflows.
"Round’s workflow builder changes what's possible. A finance team can describe work they do as steps, the system builds a workflow, they approve it, and it runs forever in the background. This funding lets us take that approach to every repetitive process in finance," said Hayyaan Ahmad, Co-Founder of Round.
Round is building an AI-powered finance automation platform for modern finance teams. By combining financial infrastructure with AI and automation, Round automates treasury, accounts payable, and payroll eliminating the low-value, repetitive, and manual work that absorbs much of finance teams' time.
Founded by Pac O'Shea and Hayyaan Ahmad, Round is headquartered in London. Learn more at roundtreasury.com
PR Contact: media@roundtreasury.com
About Alstin Capital
Alstin Capital is a generalist early-stage venture capital fund based in Munich with a focus on B2B software. Founded in 2012, Alstin invests across Europe in fast-growing late-seed and Series A software companies. Initial tickets typically range from €2 million to €8 million. At the core is its “all-in” approach: beyond capital, Alstin actively supports founding teams through sales coaching (KPIs, go-to-market, and sales development), assistance with social media, PR and marketing, guidance on scaling and expansion strategies, and access to relevant industry contacts such as potential customers and partners.
More information at: https://alstin.capital
