Plate IQ
YC S15London, GB · Founded 2015 · 200 employees · 5 known investors
Find your way into Plate IQ
Ottimate (formerly Plate IQ) is AI-driven accounts payable automation software that handles the full invoice lifecycle, including invoice coding, approval routing, payment, PO matching, and spend management. Originally built for the restaurant industry in 2014, it now serves AP managers, controllers, and CFOs across any industry.
Also known as Ottimate · PlateIQ
AI & Machine LearningEnterprise SoftwareFintechSaaSFinanceUnited KingdomUnited States of AmericaEuropeAmerica / CanadaPartly Remote
Founders & leadership· Y Combinator alumni (S15)
Plate IQ was founded in 2015 by Bhavuk Kaul, Dan Wywrot, and Michael Burdick.
Investors · 5
Funding
SEC filings, press & company announcements$320M disclosed across 2 rounds · 2021
Source: company announcements and press reports — follow each round's link for the claim.
The YC application· Summer 2015 batch
Competitors · 6
by search overlap
CaptivateIQ11 shared keywordsCaptivateIQ provides a modern platform for automating commission and compensation management, helping companies align incentives with revenue outcomes. The platform serves sales-driven organizations looking to improve ROI on incentive programs and support sales rep motivation and performance.
Patientiq11 shared keywordsPatientIQ is a healthcare analytics platform that automates the collection of patient-reported outcomes and provides actionable insights to healthcare organizations. The platform serves hospitals, health systems, specialty practices, medical device manufacturers, and biotechnology companies seeking to improve patient outcomes and enable data-driven care decisions.
Intuit®10 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.
Intacct8 shared keywords
Okta8 shared keywordsOkta provides identity and access management products designed to protect the identities of workforce and customer users. The company serves enterprises and organizations that need to manage identity authentication and authorization across digital environments.
VidIQ8 shared keywordsvidIQ offers AI-powered tools for YouTube creators, providing content ideas, video optimization (titles, tags, thumbnails), and creator coaching to help grow views and subscribers. It serves online video creators worldwide.
Companies competing with Plate IQ for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Plate IQ do?
- Ottimate (formerly Plate IQ) is AI-driven accounts payable automation software that handles the full invoice lifecycle, including invoice coding, approval routing, payment, PO matching, and spend management. Originally built for the restaurant industry in 2014, it now serves AP managers, controllers, and CFOs across any industry.
- Who founded Plate IQ?
- Plate IQ was founded by Bhavuk Kaul, Dan Wywrot, Michael Burdick in 2015.
- Who are Plate IQ's investors?
- Plate IQ's investors include 500 Global, Gala Capital Partners, Y Combinator, FTV Capital, Initialized Capital.
- How much funding has Plate IQ raised?
- Plate IQ has disclosed $320M raised across 2 rounds.
- Where is Plate IQ headquartered?
- Plate IQ is headquartered in London, GB.