Approveit
Techstars '23Dover, US · Delaware corporation · 2 known investors
Approveit is an AI-powered workflow automation platform that helps businesses streamline manual approval processes and integrate with enterprise systems like ERPs, HR systems, and CRMs. The platform serves businesses of all sizes looking to improve operational efficiency through automated approvals and workflow management.
AI & Machine LearningEnterprise SoftwareHR TechSaaS
Founders & leadership
Investors · 2
Also in the syndicate · 1
10vclead
Funding
SEC filings, press & company announcements$2M disclosed across 2 rounds · 2021–2024
- $1MraisedSep 2024 · 6 sources
10vc (lead)
Source ↗
▶$1MraisedJul 2024 · 10 investors · Other TechnologyRule 506(b)
▶$1MraisedJul 2024 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Sergei GusevExecutive Officer, Director
- Dzmitry MatveyeuDirector
- Amount sold
- $1M
- First sale
- Oct 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlapProcess Street309 shared keywordsProcess Street is a compliance workflow platform that lets teams automate policies, manage documentation, run risk assessments, and stay audit-ready across frameworks like ISO 27001, SOC 2, HIPAA, GDPR, and CCPA. It offers pre-built templates, real-time compliance tracking, AI-powered workflow automation, and integrations with tools such as Google Drive, Slack, and Salesforce.
Force10251 shared keywordsDell designs and sells computing hardware including laptops (XPS, Alienware gaming), monitors, webcams, and PowerEdge servers, along with IT lifecycle management and support services. It serves consumers, students, and business/enterprise IT teams.
Netezza165 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Kissflow143 shared keywordsKissflow is a low-code/no-code application development platform that uses AI to generate enterprise apps and building blocks, with governance, data security, and audit tools for IT and business teams. It offers ready-made applications for industries such as oil and gas, retail, and manufacturing.
Companies competing with Approveit for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Approveit do?
- Approveit is an AI-powered workflow automation platform that helps businesses streamline manual approval processes and integrate with enterprise systems like ERPs, HR systems, and CRMs. The platform serves businesses of all sizes looking to improve operational efficiency through automated approvals and workflow management.
- Who founded Approveit?
- Approveit was founded by Serge, Dmitry.
- Who are Approveit's investors?
- Approveit's investors include Techstars.
- How much funding has Approveit raised?
- Approveit has disclosed $2M raised across 2 rounds.
- Where is Approveit headquartered?
- Approveit is headquartered in Dover, US.


