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AppZen

AppZen

Private
San Jose, CaliforniaFinTechhttps://appzen.com

Last Round

Series D

Sep 22, 2025

Est. Valuation

$500M

Total Funding Raised

$282.6M

Momentum

Top 10%

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

FinTech

Verticals

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

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

autonomous financeaccounts payable automationAP automationAI agentsexpense managementfinance automationtouchless APAI auditspend managementlarge language modelsLLMprocurement automationcorporate card managementAI financeSaaS

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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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
Stampli
84%
Xelix
83%
Emburse
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

AppZen Investors

Notable investors and investment history

AppZen investors
InvestorRounds
500 GlobalSeed, Accelerator
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 24, 2026

    One-third of the Fortune 500 now use its solutions.

  • Apr 21, 2026

    Announced the launch of its AP Inbox Service Center.

Recent news

Latest coverage and updates

  • launchesOct 20, 2026

    AppZen, Inc. launches AppZen VAT Reclaim Agents, a team of specialized AI Agents that automates VAT recovery across the employee expense lifecycle, in California on Oct 20th '26.

  • launchesOct 1, 2026

    AppZen, Inc. introduced ZenLM Plus, a new family of finance-specialized large language models built for finance operations, in California on Oct 1st '26.

  • launchesSep 30, 2026

    AppZen, Inc. launches Autonomous Cards, an agent-first automation, compliance, and spend intelligence layer that monitors eligible card transactions, resolves routine compliance issues, and provides actionable spend insight in California on Sep 30th '26.

AppZen Filings

Explore SEC and related filing metadata, where available.

AppZen filings preview — column headings only; records require access
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Frequently Asked Questions

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

Is AppZen a public or private company?

AppZen is a private company.

What is the current stock price of AppZen?

AppZen is a private company, so its shares have no public market price. Caplight tracks AppZen's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is AppZen worth (valuation)?

AppZen's valuation is estimated at $500.0M based on funding round data.

Can I buy AppZen stock?

AppZen shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was AppZen's last funding round?

AppZen's most recent funding round was Series D on September 22, 2025.

Who are the main investors in AppZen?

Key investors in AppZen include 500 Global, Resolute Ventures, Riverwood Capital, Redpoint Ventures, Coatue Management.

Will AppZen IPO soon?

No public IPO plans have been announced for AppZen.

How can I track AppZen secondary market activity?

Caplight tracks bids, offers, and trades in AppZen's shares on secondary markets.

Firmographic Details

HeadquartersSan Jose, California
Employee Range312
Year Founded2012
Last FundingSep 22, 2025

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