Accrualify
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $3.8M
Investors
- 2
About Accrualify
Accrualify, Inc.Founded in 2015 and headquartered in San Mateo, US, Accrualify specializes in automating the accounts payable lifecycle. The company was acquired by FleetCor Technologies, Inc. in August 2022, with the aim of enhancing FleetCor's payment solutions. The co-founder and CEO is Benjamin Portusach, who has a background in technology and business operations.Accrualify offers an all-in-one accounts payable (AP) automation platform that allows over 800,000 clients to efficiently manage tasks, teams, and workflows. Key features include automated purchase order requests, seamless integration with existing accounting systems, and the use of virtual cards for payments across a network of over 1 million vendors.Accrualify's revenue is derived from a subscription-based model, where clients pay for access to their AP automation and payment solutions. Through various subscription tiers, clients can utilize features such as invoice automation and expense management.Following its acquisition in August 2022, Accrualify will leverage the resources of FleetCor Technologies, Inc. to expand its payment solutions and enhance its platform. As part of this growth strategy, Accrualify is likely to focus on new product offerings and may target specific geographic expansions to further penetrate the North American, European, and Asian markets, although specific timelines for these initiatives have yet to be disclosed.
Who invested in Accrualify
2 investors across 2 rounds
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Questions about Accrualify
Who invested in Accrualify?
Accrualify has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Accrualify raised?
Accrualify has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Accrualify last raise money?
Accrualify's most recent round on record is a Series A, in Aug 2018.
What does Accrualify do?
Accrualify is a software company.
Where is Accrualify headquartered?
Accrualify is headquartered in San Mateo, US.
Which VCs invest in companies like Accrualify?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Accrualify's stage. Their profiles are linked below.
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