Approveit

Approveit

Private
San Francisco, CaliforniaEnterprise Softwarehttps://approveit.today

Last Round

Seed

Sep 2, 2024

Total Funding Raised

$1.12M

Momentum Score

25 /100

Company Overview

Approveit is a business process management company that has developed a no-code, AI-powered platform for workflow and approval management. The service integrates with communication tools like Slack and Microsoft Teams to streamline processes such as financial approvals, procurement, and HR operations.

Sector

Enterprise Software

Verticals

Workflow Automation, Low-Code/No-Code, Accounting & Expense, Enterprise Communication

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium

AI Layer

Application

Keywords

approval workflowsworkflow automationno-code platformSlack automationMicrosoft Teams automationSlack approvalspurchase order managementinvoice managementaccounts payable automationSlack botTeams appbusiness process automationprocure-to-payHR workflowsAI-powered approvalswhite-label solutionAPI

Historical Pricing

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Caplight Momentum Score

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Approveit Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Approveit Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedSep 2, 2024
AcceleratorOct 1, 2023

Key People

Founding team and executive leadership

Serge Gusev

CEO

Executive Team

Anton Stankouski

Chief Technology Officer, Lead Software Engineer CIO

Executive Team

Approveit Investors

Notable investors and investment history

InvestorRounds
TechstarsAccelerator
Verras CapitalSeed
10VCSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 29, 2025

    Added Simofis, a startup in the fintech sector.

  • Sep 29, 2025

    Added Co Cloud, a cloud consulting startup, as a customer.

Approveit Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Approveit Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Approveit's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range6
Year Founded2020
Last FundingSep 2, 2024

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.