OpenEnvoy
Latest round
- Series A
Last raised
- Mar 2023
Total raised
- $18M
Investors
- 7
About OpenEnvoy
Based in Nevada, US, and founded in 2020, OpenEnvoy, Inc. is a developer of an invoice auditing solution that automates the finance workflows and eliminates supplier fraud before it happens. The company was co-founded by Matthew Tillman and Parker Moore. In May 2023, OpenEnvoy, Inc. OpenEnvoy's software provides real-time automated auditing technology that detects discrepancies between invoices and contracts and helps the users correct any errors. It also provides a visual scorecard of all suppliers so users can choose who to deal with. The company also provides a complete full audit for freight companies. The company generates revenue through monthly or annual subscription fees. OpenEnvoy charges USD 695/month for invoice auditing services and USD 1,495/month for audit and analytics. The company charges USD 50/month for every additional user. OpenEnvoy plans to accelerate its 100%+ month-over-month growth (MoM) and revolutionize the way freight, media, and other highly variable cost industries manage suppliers, invoices, and contracts. It also plans to launch additional innovative self-serve products for finance and their development teams.
Who invested in OpenEnvoy
7 investors across 2 rounds
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Questions about OpenEnvoy
Who invested in OpenEnvoy?
OpenEnvoy has 7 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 OpenEnvoy raised?
OpenEnvoy has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did OpenEnvoy last raise money?
OpenEnvoy's most recent round on record is a Series A, in Mar 2023.
What does OpenEnvoy do?
Based in Nevada, US, and founded in 2020, OpenEnvoy, Inc.
Where is OpenEnvoy headquartered?
OpenEnvoy is headquartered in Oakland, US.
Which VCs invest in companies like OpenEnvoy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at OpenEnvoy's stage. Their profiles are linked below.
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