Apruve
Latest round
- Series A
Last raised
- Jan 2019
Total raised
- $8.7M
Investors
- 5
About Apruve
Founded in 2013 in Minneapolis, US, Apruve, Inc. focuses on accounts receivable automation and B2B credit solutions.Apruve specializes in automating accounts receivable (A/R) and providing B2B credit solutions tailored for global enterprises. The company’s solutions facilitate the provision of net terms during the online checkout process, simplifying transactions for customers. Apruve primarily serves large enterprises across various industries looking to optimize their credit and collections processes, thereby enhancing customer experience and reducing DSO (Days Sales Outstanding) to as little as one day.Apruve's revenue is generated through its innovative B2B credit and A/R automation services, using a subscription-based model tailored for enterprise clients. Businesses utilizing Apruve's platform benefit from guaranteed next-day payments on all open invoices.In December 2022, Multi Service Technology Solutions, Inc., with undisclosed financial terms.'s geographical reach and product offerings, providing opportunities for Apruve to grow in new markets. The strategic direction following the acquisition suggests potential new product introductions and enhancements to existing services as part of their future growth initiatives.
Who invested in Apruve
5 investors across 3 rounds
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Questions about Apruve
Who invested in Apruve?
Apruve has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Apruve raised?
Apruve has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Apruve last raise money?
Apruve's most recent round on record is a Series A, in Jan 2019.
What does Apruve do?
Founded in 2013 in Minneapolis, US, Apruve, Inc.
Where is Apruve headquartered?
Apruve is headquartered in Minneapolis, US.
Which VCs invest in companies like Apruve?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Apruve's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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