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AppZen

AppZen

Private
San Jose, CaliforniaEnterprise Softwarehttps://www.appzen.com/

Last Round

Series D

Sep 22, 2025

Est. Valuation

$500M

Total Funding Raised

$282.6M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

AppZen is a financial software company that provides an AI-powered platform to automate spend-to-pay processes, including expense report auditing and invoice processing, for finance teams.

Sector

Enterprise Software

Verticals

Accounting & Expense, Compliance & Risk, Workflow Automation, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

accounts payable automationAP automationAI finance softwareexpense managementautonomous financespend managementinvoice processingAI auditfraud detectionERP integrationcompliance automationfinance AIenterprise SaaSagentic AIfintech automation

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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AppZen Comparables

Compare AppZen with similar companies based on industry and business-model similarity.

AppZen comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Vic.ai
84%
Emburse
83%
Xelix
82%

AppZen Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series DSep 22, 2025
Series CSep 9, 2019
Series BOct 30, 2018
Series ANov 1, 2017
SeedJan 18, 2017
Seed
Jun 22, 2016

Key People

Founding team and executive leadership

Kunal Verma

Co-Founder And CTO

Founding Team

Anant Kale

CEO

Executive Team

John Narbaitz

Chief Operating Officer

Executive Team

AppZen Investors

Notable investors and investment history

AppZen investors
InvestorRounds
500 GlobalAccelerator
Resolute VenturesSeries A, Series B, Seed
Riverwood CapitalSeries D
Redpoint VenturesSeries C, Series B, Series A
Bloomberg BetaSeed
FundersClubSeed
Coatue ManagementSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Announced the launch of its AP Inbox Service Center.

  • Mar 2, 2026

    Nick Butrym appointed as the new Chief Revenue Officer.

AppZen Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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AppZen Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSan Jose, California
Employee Range372
Year Founded2012
Last FundingSep 22, 2025

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