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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 as well as intentional fraud, and provides real-time compliance to 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, Iterable, Twilio, Innovaccer, The RealReal, Guideline, HomeLight, Algolia
Amicus Capital
Bloomberg Beta
Flexport, Shield AI, Knotel, States Title, Alation, Domino Data Lab, Orbital Insight, InfluxData, AppZen, Copper
Coatue
Swiggy, Caris Life Sciences, Relativity Space, Hopin, Snyk, Rapyd, SpotOn, Attentive, Cerebras Systems, Chainalysis
FundersClub
Instacart, Rappi, Slack, Chainalysis, ZoomCar, Human Interest, HomeLight, Webflow, RapidAPI, ShipBob
Geodesic Capital
Netskope, Snyk, Marqeta, MX Technologies, Workato, Pendo, InVision, Vercel, JFrog, Orbital Insight
Hard Yaka
Lightspeed Venture Partners
Epic Games, Snap, OYO, AppDynamics, Faire, Affirm, TripActions, Netskope, LivingSocial, Weee!
MasterCard
AvidXchange, ConsenSys, Marqeta, Flutterwave, Airwallex, YapStone, Ellevest, Razorpay, AppZen
Redpoint
Cityblock Health, PsiQuantum, SentinelOne, Cockroach Labs, Getaround, Arctic Wolf, Nextdoor, Workato, Dremio, thredUP
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
Chief Technology Officer
Kunal Verma
Press
Wall Streets Journal - Sep, 9 2019
aithority - Jun, 25 2021
aithority - Jun, 18 2021
prnewswire - Jan, 13 2021
techrseries - Nov, 11 2020
Other Companies
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