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AppZen Stock
AI-Powered Back Office Solutions
About AppZen Stock
AppZen is an artificial intelligence platform for finance teams. AppZen's AI-powered solution automates expense report creation, compliance, and audit. Their patent-pending data science-based technology detects accidental and intentional fraud, and provides real-time compliance with FCPA regulations, IRS rules, and company policies. In addition, the solution audits and assigns risk scores to every expense, which aims to protect companies from expense misuse and regulatory non-compliance.
AppZen was founded in 2012 by Anant Kale and Kunal Verman and is headquartered in San Jose, California. Notable investors Coatue, Lightspeed Venture Partners, Redpoint, and Resolute Ventures.
Investors
500 Startups
Carbon Health, Talkdesk, Knotel, Innovaccer, Iterable, Twilio, The RealReal, Guideline, VTS, HomeLight
Amicus Capital
Bloomberg Beta
Flexport, Shield AI, Knotel, Alation, States Title, Domino Data Lab, Orbital Insight, Primer, InfluxData, AppZen
Coatue
Swiggy, Lacework, Caris Life Sciences, Relativity Space, Hopin, Snyk, Rapyd, SpotOn, Attentive, Cerebras Systems
FundersClub
Instacart, Rappi, Slack, Chainalysis, ZoomCar, Human Interest, HomeLight, Webflow, RapidAPI, ShipBob
Geodesic Capital
Snyk, Netskope, Marqeta, MX Technologies, Workato, Pendo, InVision, Vercel, JFrog, Orbital Insight
Hard Yaka
Lightspeed Venture Partners
Snap, OYO, AppDynamics, TripActions, Faire, Affirm, Netskope, LivingSocial, Weee!, Blend
MasterCard
AvidXchange, ConsenSys, Razorpay, Marqeta, Flutterwave, Airwallex, YapStone, Ellevest, AppZen
Funding History
April 2016 | $100K |
---|---|
April 2016 | $799K |
April 2016 | $2.0M |
January 2017 | $1.9M |
October 2017 | $12.7M |
July 2018 | $35.0M |
March 2019 | $50.0M |
Management
Chief Executive Officer
Anant Kale
Chief Financial Officer
Naresh Bansal
Press
coinspeaker - Aug, 17 2021
aithority - Jun, 25 2021
aithority - Jun, 18 2021
prnewswire - Jan, 13 2021
techrseries - Nov, 11 2020
tek - Sep, 16 2020
medium - Feb, 15 2020
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Some data provided by Crunchbase