Fundraising Fox

AppZen

<UNKNOWN>, US · Founded 2012 · Delaware corporation · 10 known investors

appzen.com ↗

AppZen provides AI-powered finance software that automates invoice processing, expense auditing, and spend-to-pay workflows for enterprise finance teams. The platform uses machine learning to detect errors, fraud, and compliance issues while providing real-time financial insights.

AI & Machine LearningEnterprise SoftwareFintechin /appzen

Founders & leadership

AKAnant Kale
Anant KaleCo-Founder & CEO
KVKunal Verma
Kunal VermaCo-Founder & CTO

Investors · 10

Lightspeed Venture Partners✓ verifiedMenlo Park · $1.7M – $87Mvia Arif Janmohamed · board
Redpoint Ventures✓ verifiedWoodside · $100K – $10M
Riverwood Capital✓ verifiedMenlo Park · $25M – $250M
Coatue ManagementNew York · $1M – $20M
Evolution VC PartnersNew York
FundersClubSan Francisco · $250K – $5M
Geodesic CapitalFoster City
PROOFArlington
Resolute VenturesSan Francisco · $1M
Bloomberg BetareportedSan Francisco · $25K – $1M

Reported raises · per SEC filings

Form D private placements
▶$50MraisedSep 2019 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anant KaleExecutive Officer, Director
  • Kunal VermaExecutive Officer, Director
  • Naresh BansalExecutive Officer
  • Arif JanmohamedDirector
  • Matt ZelenExecutive Officer
  • Alex BardDirector
Offering amount
$50M
Amount sold
$50M
First sale
Mar 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$35MraisedOct 2018 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kunal VermaExecutive Officer, Director
  • Arif JanmohamedDirector
  • Anant KaleExecutive Officer, Director
  • Alex BardDirector
Offering amount
$35M
Amount sold
$35M
First sale
Jul 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12.7MraisedNov 2017 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anant KaleExecutive Officer, Director
  • Kunal VermaExecutive Officer, Director
  • Alex BardDirector
Offering amount
$12.7M
Amount sold
$12.7M
First sale
Oct 2017
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedJan 2017 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anant KaleExecutive Officer, Director
  • Kunal VermaDirector
Offering amount
$1.7M
Amount sold
$1.6M
First sale
Jan 2017
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.9MraisedMay 2016 · 27 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anant KaleExecutive Officer, Director
  • Kunal VermaDirector
Offering amount
$2.9M
Amount sold
$2.9M
First sale
Apr 2016
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news