Fundraising Fox

Peakflo

YC W22Entrepreneur First '21

Singapore, SG · Founded 2021 · 45 employees · Hiring · 4 known investors

Peakflo is a SaaS platform that automates financial operations workflows for B2B businesses, including invoice-to-cash, procure-to-pay, travel and expense reimbursement, and general operations. The platform serves scale-ups and enterprises seeking to reduce manual finance work and improve cash flow management.

Also known as Peakflo Pte Ltd

AI & Machine LearningEnterprise SoftwareFintechSaaSB2BSingaporeSoutheast AsiaPartly Remote

Founders & leadership· Y Combinator alumni (W22)

Peakflo was founded in 2021 by Saurabh Chauhan and Dmitry Vedenyapin.

SCSaurabh Chauhan
Saurabh Chauhanin𝕏Founder & CEOSaurabh Chauhan previously worked at Rocket Internet, Daraz (part of the Alibaba Group), and McKinsey & Co. before founding Peakflo.
DVDmitry Vedenyapin
Dmitry Vedenyapinin𝕏CTO & FounderDmitry Vedenyapin is a computer scientist and co-founder of Peakflo who previously worked at AirAsia and holds a PhD in computer science and artificial intelligence.

Investors · 4

Also in the syndicate · 1

Daffy

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

The YC application· Winter 2022 batch

Company profile

researched Aug 2026

Peakflo is a Singapore-headquartered software company that sells cloud-based automation for back-office finance and operations processes. Its platform spans invoice-to-cash (invoicing, collections, payment reminders, dispute handling, cash application), procure-to-pay (vendor onboarding, bill capture, approvals, three-way matching, disbursement scheduling), travel and expense reimbursement, and general operational workflows, delivered through one-click integrations with accounting systems and ERPs as well as API, SFTP and CSV/XLSX imports [0][2][4][5][6][7].

The current product positioning centers on "Agentic Workflows": pre-built workflow templates for finance, HR and procurement; AI-generated workflow drafts created from a screen recording or a written description of an existing process; multi-channel triggers from tools such as Slack, ERP, HRM, CRM and Calendly; browser agents that operate internal web applications; voice agents for collections calls, follow-ups and surveys; generative-AI reporting; knowledge-base search; and an LLM-as-Judge self-evaluation loop that tests workflow variants and applies the best performer [0][1]. Peakflo also offers a dedicated proposition for accounting firms, including multi-client account switching, role-based access, per-customer virtual accounts for automatic reconciliation, and special pricing with a dedicated account manager [5].

Earlier public coverage described Peakflo more narrowly as a cloud revenue-collection and business-payments company offering an API and one-click accounting integrations to streamline customer collections and vendor payments, with a communication channel that reaches customers over social channels for payment reminders and collections [7]. Publicly cited outcome claims include saving roughly 1,000 man-hours per month on finance operations, collecting customer invoices 15-25 days faster, and halving vendor bill payment time [2][6].

Founding story

Third-party profiles state Peakflo was founded in 2021 in Singapore by Dmitry Vedenyapin and Saurabh Chauhan; Chauhan is Co-Founder and CEO and Vedenyapin is Co-Founder and CTO [2][6]. One profile describes early traction via Y Combinator participation and backing from investors including Amino Capital, Soma Capital, Rebel Fund and Entrepreneur First, though the same source's structured funding table lists a different investor set [6].

Business model

Peakflo sells a B2B SaaS platform to finance and operations teams, layering automation on top of customers' existing accounting software and ERPs rather than replacing them; it also runs a segment-specific offering for accounting firms that manage multiple client accounts, with special pricing, onboarding training and a dedicated account manager [2][5][6]. The platform includes payment execution features such as an AP wallet top-up and per-customer virtual accounts used for automatic reconciliation [4][5].

Sources do not state pricing or contract terms beyond a demo-request sales motion and "special pricing" for accounting firms [5].

Traction

Peakflo states 100+ businesses/finance teams use the platform [2][5][6]. Published case studies cover Ninja Van (about 10,000 invoices per month), NRI, Hai Sia, InMobi, EverPlate and Gazzda (about 300 invoices per month) [0][1]. At the time of its 2022 seed round, the company said several Southeast Asian users had been paid up to 20% faster with bill-pay times sometimes cut in half [7]. Marketed outcome figures include roughly 1,000-2,000 man-hours saved per month, 15-25 days faster invoice collection, 50% reduction in procure-to-pay time, 4x faster process performance, 40% lower operational cost and 30% better decision accuracy [0][2][5][6].

Latest developments

The company's current website centers on Agentic Workflows, including AI browser agents, voice AI agents, generative-AI reporting, knowledge-base-driven agent decisions and LLM-as-Judge self-optimization, with claimed results of 4x process acceleration, 40% lower operating cost and 30% better decision accuracy [0][1].

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Peakflo positions itself as an AI-first finance-operations automation layer that sits on top of incumbent ERPs and accounting systems rather than competing with them, with a stated customer base of 100+ finance teams and named enterprise references including Ninja Van and InMobi [0][2][5]. Third-party commentary at seed stage described it as having "a good market posture and a pretty good shot at a market" and as a Southeast Asia business-payments play [2][7].

Stated differentiators are: AI generation of workflows from screen recordings or plain-language process descriptions instead of manual mapping; agents that act inside existing browser-based internal systems and over voice; multi-channel triggers so users stay in Slack, ERP, CRM or HRM tools; deep ERP/accounting integration including two-way sync; self-optimizing workflows via LLM-as-Judge evaluation; coverage of AR, AP, procurement, payments and expenses in one workspace; and industry-tailored templates. The company claims manual intervention can be reduced by up to 95% [0][1][6].

Technology

The platform combines OCR-based document capture (including bill capture via WhatsApp photo submission), two-way ERP/accounting sync (for example NetSuite two-way sync), and workflow automation with configurable approval hierarchies. Its AI layer includes agents that generate workflows from screen recordings or natural-language process descriptions, browser agents that log into and operate internal web apps, human-like voice agents for calls, generative-AI report creation from live system data, knowledge-base retrieval, and an LLM-as-Judge mechanism for self-evaluation and automatic selection of better-performing workflow patterns [0][1]. Country-specific tax invoicing features are supported, such as Indian GST invoices with HSN/SAC codes, QR codes, GSTIN and e-signatures [0].

Go-to-market

Go-to-market is direct and demo-led, with "Schedule a Demo" / "Request A Demo" as the primary conversion path, supported by published customer case studies (Ninja Van, NRI, Hai Sia, InMobi, EverPlate, Gazzda), industry-specific landing pages, a product tour, listed industry partners, and a vertical page targeting accounting firms as a channel to their client bases [0][1][2][5]. The company also referenced Y Combinator's Work at a Startup for recruiting [2].

B2B finance and operations teams at scale-ups through enterprises, described in one third-party profile as small and midsize businesses and enterprises; earlier coverage framed the target as mid-sized companies and growth-stage startups in Southeast Asia. Named industry verticals are food & beverage, manufacturing, logistics, and IT & services, plus accounting firms as a distinct segment [2][5][6][7].

Geography

Offices are listed in Singapore (36 Robinson Road, City House) and San Francisco, United States (44 Montgomery St), with contact phone numbers for both countries [3]. The company is headquartered in Singapore and its early customer focus and press coverage centered on Southeast Asia, while product features address Indian GST invoicing and cross-border payments [0][6][7].

History

Founded in 2021 in Singapore, Peakflo announced a seed round in July 2022 reported at $4.1 million (a third-party database records it as $4.0 million), at which point it was described as a cloud-based revenue collection and business payments provider for mid-sized companies and growth-stage startups in Southeast Asia [2][6][7]. Its product scope subsequently broadened from collections and vendor payments to a full finance-operations suite covering invoice-to-cash, procure-to-pay, travel and expense reimbursement and operations, and more recently to AI "Agentic Workflows" that extend beyond finance into HR and procurement processes [0][1][2][4].

Risks & controversies

No controversies, litigation or negative events appear in the sources. Data-quality caveats: the seed amount differs between sources ($4.1M in press coverage versus $4.0M in a database profile), and the investor lists in source [6] are internally inconsistent (narrative names Amino Capital, Soma Capital, Rebel Fund and Entrepreneur First, while the FAQ/round table names a largely different set including 468 Capital, EQT Ventures, Kleiner Perkins and Gradient Ventures), so investor attribution is unreliable [6][7]. Most performance metrics are self-reported by the company [0][2][5].

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Customer invoice volume - Ninja VanJan 202510,000 invoices/month
Customers (businesses using Peakflo)Jan 2025100 businesses
Decision accuracy improvement (company claim)Jan 202530%
Employee count rangeJan 202511-50
Faster customer payment for Southeast Asian users (company claim at seed)Jul 202220%
HeadcountAug 202634
Hours saved per month by finance team (company claim)Jan 2025200 hours/month
Man-hours saved per month on finance ops (company claim)Jan 20251,000 hours/month
OfficesJan 20252 offices
Operational cost reduction (company claim)Jan 202540%
Process performance acceleration with Agentic Workflows (company claim)Jan 20254 x
Reduction in invoice collection time (company claim)Jan 202515 days
Reduction in manual intervention (company claim)Jan 202595%
Reduction in procure-to-pay time (company claim)Jan 202550%
Reduction in vendor bill payment time (company claim)Jan 202550%
Total funding raisedJan 2025$4M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Bill.com Holdings, Inc.3262 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Highradius2951 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
Ramp2686 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
Intuit®2654 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Tipalti2376 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
GoCardless2018 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Stripe1991 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Fresh Books1904 shared keywordsFreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses. The software helps business owners manage invoicing, accounting, and financial connections with customers.
Wise1574 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Paystand Blockchain-enabled B2B payment platform1231 shared keywordsPaystand provides a SaaS-based B2B payments platform built on blockchain technology that automates accounts receivable and payable processes for businesses. The platform enables faster, cheaper transactions by eliminating fees and digitizing the cash cycle for enterprises across North America.

Companies competing with Peakflo for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Jan 2025
Agentic Workflows positioning on Peakflo website

Peakflo's site markets Agentic Workflows comprising pre-built templates, AI-generated workflows from screen recordings or process descriptions, multi-channel triggers, AI browser agents, voice AI agents, generative-AI reports, knowledge-base insights and LLM-as-Judge self-optimization. Date reflects the site as fetched; no launch date is stated.

source ↗

Jul 2022
Peakflo announces $4.1M seed round

Peakflo, described as a cloud-based revenue collection software firm, announced a $4.1 million seed round on Wednesday, July 6, 2022. CEO and co-founder Saurabh Chauhan said the capital would support building centralized finance operations software for mid-sized companies and growth-stage startups in Southeast Asia.

$4.1M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Peakflo do?
Singapore-based B2B SaaS using agentic AI workflows to automate accounts receivable, payable and expense operations.
Who founded Peakflo?
Peakflo was founded by Saurabh Chauhan, Dmitry Vedenyapin in 2021.
Who are Peakflo's investors?
Peakflo's investors include Entrepreneur First, Y Combinator, Global Founders Capital.
Where is Peakflo headquartered?
Peakflo is headquartered in Singapore, SG.