AI enterprise resource planning startup DualEntry has successfully raised $90 million in a Series A funding round, achieving a valuation of $415 million. The round was led by prominent venture capital firms Lightspeed and Khosla Ventures. This investment is part of a broader trend where top VCs are aggressively backing early-stage AI companies to gain a competitive edge. The funding strategy, often referred to as a 'kingmaker' approach, aims to establish market leaders by providing substantial early-stage capital. This approach has previously resulted in significant successes, such as Uber, but also carries risks, as evidenced by the struggles of companies like Convoy and Bird. DualEntry's funding follows similar large investments in competitors Rillet and Campfire AI.