AppZen
Latest round
- Series D
Last raised
- Sep 2025
Total raised
- $282M
Investors
- 13
About AppZen
Founded in 2012 in San Jose, US, AppZen, Inc. specializes in finance automation solutions, focusing on AI-driven processes for finance workflows. In September 2025, AppZen, Inc. Anant Kale (CEO) and Kunal Verma (CTO) are the co-founders of the company. AppZen specializes in finance automation solutions, primarily focusing on accounts payable (AP), travel and expense (T&E) reporting, and corporate card auditing. Its flagship product, the AppZen Mastermind Platform, employs artificial intelligence (AI) to automate various finance workflows, enhancing efficiency and accuracy. The platform facilitates autonomous AP processing through accurate invoice data capture, general ledger coding, and complex purchase order matching, catering to global clients across diverse industries. Additionally, AppZen provides automated expense report auditing that detects fraud and enforces policy compliance on a worldwide scale, effectively servicing clients such as financial institutions, healthcare organizations, and manufacturing companies. The geographical markets served include North America, Europe, and Asia, where businesses are increasingly seeking to optimize their financial operations through advanced technology. AppZen generates revenue primarily through subscription-based models for its AI-powered financial solutions. Clients engage with the company by subscribing to various tiers of its service offerings, including the AppZen Mastermind Platform and tailored automation solutions for AP, T&E, and card auditing. Transactions typically involve annual or monthly subscriptions, where clients pay for access to the software based on their usage and organizational needs. Additionally, AppZen may establish partnerships with enterprises seeking comprehensive finance automation, allowing for integrated solutions that meet specific operational requirements. The company’s pricing structure is designed to accommodate businesses of varying sizes, offering scalable options that align with the complexity and volume of their financial processes.
Who invested in AppZen
13 investors across 7 rounds
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Funding rounds
Series D
Sep 22, 2025
Amount
$180M
Investors
Series C
Mar 22, 2019
Amount
$50M
Investors
Series B
Jul 26, 2018
Amount
$35M
Investors
Series A
Oct 17, 2017
Amount
$13M
Investors
Seed
Jan 6, 2017
Amount
$1.6M
Investors
Seed
Apr 27, 2016
Amount
$2.9M
Investors
Seed
Nov 1, 2014
Amount
$0.1M
Investors
Questions about AppZen
Who invested in AppZen?
AppZen has 13 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AppZen raised?
AppZen has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did AppZen last raise money?
AppZen's most recent round on record is a Series D, in Sep 2025.
What does AppZen do?
Founded in 2012 in San Jose, US, AppZen, Inc.
Where is AppZen headquartered?
AppZen is headquartered in San Jose, US.
Which VCs invest in companies like AppZen?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at AppZen's stage. Their profiles are linked below.
VCs backing software startups at Series D
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