San Francisco's CapitalOS announced a $21.9 million Series A on Oct. 21. LGVP led the round.

Why it matters: CapitalOS lets software platforms offer business cards, bill pay and wallets under their own brand. It is also building those products to work with AI agents.

The round

  • Led by LGVP.
  • WEX Venture Capital, Group11, Great North Ventures and Night Capital also joined, along with existing investors.

Traction

  • Volume has grown more than 20x in 18 months.
  • More than 25,000 cardholders.
  • CEO Nir Dremer and CTO Matan Goldschmidt co-founded the company.

LGVP's Itai Tsiddon backed the company's embedded approach in the announcement.