# Stampli

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stampli

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.stampli.com
- Total disclosed funding: $143M
- Latest round: Series D (Oct 3, 2023)
- Investors on record: 8

## About

Stampli Inc., based in the US, delivers innovative procurement and accounts payable (AP) automation solutions, enhancing financial operations for businesses through its integrated procure-to-pay platform.Founded in 2014 and headquartered in Mountain View, US, Stampli Inc. specializes in accounts payable automation. The company has successfully raised a total of USD 61.00 mn, with its latest funding round being a Series D led by Blackstone Group on October 3, 2023. The founder, Eyal Feldman, has a history of entrepreneurship and leadership in technology firms.Stampli is a leading provider of procurement and accounts payable (AP) automation solutions, designed to enhance financial operations through a comprehensive procure-to-pay platform. Its core offerings include robust tools for invoice processing, vendor management, and payment solutions, all seamlessly integrated to streamline workflows. The platform utilizes advanced artificial intelligence to facilitate automatic cost allocation, approval routing, and enhance communication between finance teams and vendors. Key functionalities, such as line-level PO matching and customizable dashboards, enable organizations to gain real-time insights into spending and efficiency. Stampli serves a diverse client base across various sectors including healthcare, manufacturing, construction, and professional services, primarily in the United States and internationally, allowing businesses to manage their AP and procurement processes more effectively and efficiently.Stampli generates revenue through a subscription-based model, offering tiered pricing plans that cater to different sizes of organizations, from small businesses to large enterprises. The revenue structure is supported by ongoing subscription fees for access to its software platform, which includes features such as invoice data capture, vendor onboarding, and payment processing. Companies typically pay for these services on a recurring basis, with pricing adjusted based on the volume of transactions or the specific features utilized. The platform's significant functionalities, such as Stampli Cards for payment processing and its AI copilot for operational support, are integral to the pricing model, ensuring that clients receive comprehensive support for their financial operations.In October 2023, Stampli Inc. raised USD 61.00 mn in Series D funding led by Blackstone Group, with participation from Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital. The company plans to utilize this funding to further develop its machine learning features in its Accounts Payable platform, which will enhance its capabilities and performance. Stampli aims to expand its market reach and is actively looking to penetrate new sectors and geographic regions to enhance its client base.

## Funding rounds

- Series D, Oct 3, 2023, $61M — Blackstone Group, Insight Partners, Next World Capital, Bloomberg Beta, SignalFire
- Series C, May 12, 2021, $50M — Insight Partners, Next World Capital, Hillsven Capital, Bloomberg Beta, UpWest, Naver Corp., SignalFire
- Series B, Oct 30, 2019, $25M — Next World Capital, Hillsven Capital, Bloomberg Beta, SignalFire
- Series A, Aug 2, 2018, $6.7M — Hillsven Capital, Bloomberg Beta, UpWest, SignalFire
- Seed, Sep 15, 2016 — Hillsven Capital, Bloomberg Beta, UpWest
- Seed, Jan 15, 2016 — UpWest

## Investors

- UpWest (https://capitalatlas.ai/funds/upwest) — Seed, Series A, Series C
- Hillsven Capital (https://capitalatlas.ai/funds/hillsven-capital) — Seed, Series A, Series B, Series C
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed, Series A, Series B, Series C, Series D
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A, Series B, Series C, Series D
- Next World Capital (https://capitalatlas.ai/funds/next-world-capital) — Series B, Series C, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D
- Naver Corp. — Series C
- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series D