Ande raises $52M for AI-native corporate entertainment OS

Ande emerged from stealth with more than $52 million in seed and Series A funding to run corporate entertainment booking, approvals, contracts, and expense reconciliation through agentic workflows, software that carries a request through those steps.

FINANCE desk — another unmanaged enterprise spend line gets an AI booking agent before the CFO's spreadsheet does.

What the company says the product is. The headline calls Ande the first entertainment operating system for enterprises. First, and operating system, are the company’s words. This desk did not rank entertainment software. An operating system, in this release, means one place that runs the booking work. It is not the software that runs a computer. Agentic workflows, here, are software that takes a series of steps. The release says those workflows surface venue availability, book experiences, route approvals, execute contracts, and reconcile expenses automatically. Surface means show what is open. Route means send a request to the person who has to approve it. Reconcile means match the booking to the bill so finance can close it. Executive assistants, office managers, field marketers, GTM teams, and their managers work in one multiplayer workspace. GTM means go-to-market, the people who sell. Multiplayer, here, means those people share one workspace. The release says they book team offsites and deal-closing dinners, and the agents move each request through approval, signing, and payment. The subhead says the platform is also a direct channel for venues to receive enterprise bookings. File that as the company’s description of the product. This desk did not book a dinner on it.

The spend line the company pairs with the product. The release says enterprises spend an estimated $325 billion a year on entertainment, from client dinners and team outings to catering, sporting events, and gifting. Estimated is the page’s word. The page does not name a study. $325 billion is Ande’s figure for the size of that spend. The same paragraph says the booking and the expense work behind it are fragmented across credit cards, AP systems, and consumer apps, and that reconciliation is extremely manual for finance teams. AP means accounts payable, the system a company uses to pay bills. The next paragraph says Ande brings structure to one of the last unmanaged categories of enterprise spend: one platform to book, with finance and legal keeping visibility and control over every dollar. Last unmanaged, and every dollar, are the company’s. This desk did not audit corporate entertainment spend.

Traction the company claims. The release says more than 60 enterprises already run their entertainment on Ande, reporting savings of 12 to 15 percent. Reporting, here, is the company’s account of what those customers say. 12 to 15 percent is not a saving this desk measured. Customers named on the page: Cloudflare, Salesforce, McGraw Hill, Netskope, Navan, Sigma Computing, Monday.com, Workato, Semgrep, Checkout, Rillet, and many more. The release says those customers contribute to over $400 million in entertainment spend flowing through the platform annually. Over $400 million is the company’s figure for spend moving through Ande. It is not Ande’s revenue, and the page does not split it by customer. The page does not say each named company signed a contract this week. The about box repeats a shorter list, Cloudflare, Salesforce, and McGraw Hill, and says those enterprises book, manage, and measure every experience through Ande, moving more than $400 million a year. Over in the body and more than in the about box are both on this page. They are not two different totals. This desk did not see the books.

The supply side, still the company’s. The release says venues had no pipeline into the corporate market, and that Ande gives them a platform to market to corporate buyers, engage with them, and transact with them. Among current partners are 1,600 hospitality venues. The page names groups including Altamarea Group, Che Fico, Gracious Hospitality, JKS, The Mina Group, MML, Nobu, Riviera Dining Group, Tao Group Hospitality, Unapologetic Foods, Bacchus Management Group, Wish You Were Here, and Wolfgang Puck. Some of the largest and most decorated is the company’s description of those groups. The same section says over 93,000 entertainment venues are on the network today. The about box says a network of 93,000 entertainment providers across 90+ cities. A venue and a provider are not defined as the same noun on the page. 90+ cities is the about box’s figure. It is not in the sentence that counts 93,000 venues. This desk did not count the rooms.

Named voices, as color only. Lohit Sarma, chief executive and co-founder, said entertainment builds culture and closes deals, that the infrastructure is broken on both sides of a booking, and that Ande is the first enterprise channel between corporate buyers and entertainment vendors. He said venues had no centralized distribution system to plug into, and that the company spent “two and half years” — the page’s phrase — working with venues to digitize their data and train models and agents for these enterprise workflows. The page does not name another founder. Vicky Chung, director of corporate events at Netskope, said her programs put executives and key customers in the room, that her team trusts the platform, and that the team is now focused on reaching those executives and scaling the program. Logistics is the work she says the platform carries. Arif Janmohamed, venture partner at Lightspeed Venture Partners and co-founder of Duration Ventures, said entertainment is the biggest expense line that is not yet well managed, and that the market opportunity is largely unbounded. Alex Bard, managing director at Redpoint Ventures, said the firm’s confidence in an early-stage company comes from the founder, and that Sarma has startup experience and enterprise experience. File the names, the titles, and those sentences as the release’s. A quote is not a customer count, and it is not a price for the company.

Leave the blanks blank. The page does not print a valuation. A valuation would be a price on the whole company. Do not add one. Do not split the more than $52 million into a seed check and a Series A check. Do not name a lead the page left unnamed. Do not move Bain Capital Ventures into the list of four. Do not turn first into a ranking this desk made. Do not turn 12 to 15 percent into a measured saving. Do not turn $325 billion into a study this desk read. Do not turn $400 million into revenue. The about box points to ande.ai. This filing did not add a second page from that site.

Plain English for the rest of the card: seed = an early funding round. Series A = the next growth round. More than $52 million is the total the body prints across both. The headline’s $52M is that figure, rounded. agentic workflow = software that takes the steps in a booking. operating system, here = one place that runs that work. AP = accounts payable, the bill-paying system. GTM = go-to-market, the people who sell. multiplayer workspace = those people share one screen for the request. reconcile = match the booking to the bill. $325 billion a year is Ande’s estimate for enterprise entertainment spend. The page does not name a study. 12 to 15 percent is the saving the company says customers report. Over $400 million a year is spend the company says flows through the platform. It is not revenue. 1,600 is the hospitality-venue partner count. 93,000 venues is the body. 93,000 providers across 90+ cities is the about box. This filing is the 22 Sep announcement. It is not a priced public listing.

PRIMARY here: Ande’s 22 Sep 2026 release on PR Newswire, “Ande Raises $52M Seed and Series A to Launch The First Entertainment Operating System For Enterprises,” stamped 12:00 ET and datelined New York — Tier A PRIMARY, the company’s own record. The more than $52 million across seed and Series A, Lightspeed Venture Partners, Redpoint Ventures, Duration Ventures, Sierra Ventures, Bain Capital Ventures as participation, the agentic booking steps, the $325 billion estimate, the more than 60 enterprises, the 12 to 15 percent savings line, the named customers, the over $400 million spend line, the 1,600 hospitality venues, the named groups, the over 93,000 venues line, the Sarma, Chung, Janmohamed, and Bard titles and quotes, and the about box’s 90+ cities and entertainment-providers wording are the release’s. NOT claimed: a valuation, a split of the round, a named lead, that Bain sits in the list of four, that first is a ranking this desk made, that this desk audited the savings, the $325 billion, the $400 million, or the venue count, that $400 million is revenue, a stock tip, or investment advice. Distinct from the already-filed sela-21m, creatio-bank-ai-300m, and chamelio-26m.