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
Lightspeed Venture Partners
Snap, OYO, AppDynamics, TripActions, Faire, Affirm, Netskope, LivingSocial, Weee!, ThoughtSpot
Hard Yaka
MasterCard
AvidXchange, ConsenSys, Razorpay, Marqeta, Flutterwave, Airwallex, YapStone, Ellevest, AppZen
Amicus Capital
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
patents - Apr, 15 2024
Methods and systems for automatically detecting fraud and compliance issues in …futureofmediaevents - Jan, 26 2024
Ai In Enterprise Accounting Market with Tremendous growth ...futureofmediaevents - Jan, 26 2024
Accounts Payable Analytics Software Market Growing Rapidly ...argylereport - Jan, 26 2024
Accounts Payable Analytics Tool Indusrty to Witness ...artrocker - Jan, 26 2024
Accounts Payable (AP) & Spend Analysis Software Market ...