Ande Raises $52M in Seed and Series A Funding to Launch Corporate Entertainment Platform
Ande, an AI-native platform for corporate entertainment, has raised over $52 million in seed and Series A funding from venture firms including Lightspeed Venture Partners, Redpoint Ventures, Duration Ventures, Sierra Ventures, and Bain Capital Ventures. The company aims to streamline the fragmented process of booking and managing enterprise entertainment expenses by providing a single integrated solution that automates workflows such as venue availability checks, approvals, contracts, and expense reconciliation. Ande's platform is already used by over 60 enterprises, including Cloudflare, Salesforce, and Netskope, with more than $400 million in annual spend flowing through the system. The company has partnered with nearly 1,600 hospitality venues across its network of over 93,000 entertainment providers to facilitate corporate bookings at scale. According to Ande's CEO Lohit Sarma, the platform addresses a critical gap by digitizing venue data and training AI models for enterprise-specific workflows. Customers report savings between 12% and 15%, with improved visibility into event logistics allowing teams to focus on strategic outcomes rather than administrative tasks.
Topics: AI-native platform corporate entertainment enterprise software venture funding