AppZen Stock

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Notable Investors

Lightspeed Venture Partners


San Jose CA, US

Total Funding


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.


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


Chief Executive Officer

Anant Kale

Chief Financial Officer

Naresh Bansal


payablesplace - May, 4 2018

P2P Technology Round-Up – May 4, 2018

businesstravelnews - Mar, 18 2018

Five Kinds of Expense Fraud & How AI Can Help

conferences - Sep, 21 2017

AI 2017 Startup Showcase

corporatecomplianceinsights - Oct, 31 2016

Exploring the Upside of Evolving AI Business Solutions

corporatecomplianceinsights - Sep, 30 2016

AppZen Launches ReceiptIQ™

accountingtoday - Sep, 20 2016

AppZen Uses AI to Scrutinize Expense Reports

corporatecomplianceinsights - Sep, 9 2016

Artificial Intelligence – The New Superpower for Compliance

venturebeat - Jul, 10 2016

BotBeat: This week’s top bot stories

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