AppZen Stock
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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, ShipBob, ZoomCar, Human Interest, HomeLight, Webflow, RapidAPI
Geodesic Capital
Snyk, Netskope, DataRobot, Marqeta, MX Technologies, Workato, Pendo, InVision, Vercel, JFrog
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
AppZaloot: A Disruptive Social Media App Puts Social Back into Localaithority - Jun, 25 2021
AppZen Launches First Finance AI AppStoreaithority - Jun, 18 2021
AppZen Continues to Innovate Finance with New AI Patentprnewswire - Jan, 13 2021
AppZen Award-Winning Research Paper Recognized for Insights Into Data-Driven AI Modelstechrseries - Nov, 11 2020
New AppZen Expense Reimbursement Survey Reveals Impact of COVID and Remote Work on Employeestek - Sep, 16 2020
AppZen releases new AI-powered finance software that will compare your spending to the competitionmedium - Feb, 15 2020
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