Andreas Schenk of Alstin Capital highlights Round’s novel approach as orchestrating real-time cash flows rather than simply optimizing existing processes.

The platform features full audit trails and ISO 27001:2022 certification, works with FCA-regulated partners, and gives finance teams end-to-end control and visibility over funds.

Founded by Pac O’Shea and Hayyaan Ahmad, Round’s platform enforces user-defined parameters—approval thresholds, payment schedules, and minimum cash balances—and automatically executes payments, earns yields on idle cash, and funds payroll.

In under a year since launching automated workflows, Round has processed about €427.7 million ($500 million) in transactions, following a €1.9 million pre-seed round in October 2024 led by Passion Capital.

Co-founders Pac O’Shea and Hayyaan Ahmad frame Round as automating repetitive operational tasks rather than replacing finance leaders, aiming to shift finance from decision-making to execution and enable a more strategic role.

Round positions itself as infrastructure-enabled finance automation that orchestrates real-time cash flows between banks, ERPs, and payment rails, aiming to automate finance tasks that previously required human intervention.

Since launch, the platform has processed over $500 million in transactions and has worked with companies such as Cleo and PostHog.

New funding will accelerate product development, expand engineering and go-to-market teams, deepen bank and financial-system integrations, and scale infrastructure, while supporting community-led growth through finance-focused hackathons, workshops, and webinars.

Agentic Workflow Builder lets CFOs describe workflows in plain English, which Round converts into automated, 24/7 deterministic processes that notify stakeholders via Slack, WhatsApp, or email when attention is needed (early access to select customers).

Round introduced two new products: Agentic Workflow Builder, which translates natural-language requests into executable workflows with approvals, and Autonomous Payroll, an end-to-end payroll solution that automates funding and payments.

The seed round was led by Alstin Capital with participation from Backed VC and Love Ventures, plus angel investors including Paul Forster, and ongoing support from Passion Capital and early backers of Monzo, Tide, and GoCardless.

Round emphasizes building both intelligence and infrastructure—wallets, payment rails, and treasury services—bocusing on automated execution based on predefined rules and approvals.