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OpenEnvoy

OpenEnvoy

Private
Las Vegas, NevadaFinTechhttps://www.openenvoy.com/

Last Round

Series A

May 3, 2023

Total Funding Raised

$21.5M

Company Overview

OpenEnvoy is a financial software company that provides an AI-powered platform for accounts payable automation designed to eliminate billing errors, overpayments, and fraud.

Sector

FinTech

Verticals

Accounting & Expense, Workflow Automation, Compliance & Risk

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

accounts payable automationAP automationinvoice auditingfraud detectionpayment automationinvoice processingtouchless APERP integrationfinancial leakageAI financeprocure-to-payspend managementagentic AIusage-based billing

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Caplight Momentum Score

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OpenEnvoy Comparables

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OpenEnvoy comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Vic.ai
86%
Xelix
83%
Stampli
81%

OpenEnvoy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AMay 3, 2023
SeedApr 13, 2021

Key People

Founding team and executive leadership

Matthew Tillman

Co-Founder CEO

Founding Team

Naveen Kumar

Chief Technology Officer

Executive Team

OpenEnvoy Investors

Notable investors and investment history

OpenEnvoy investors
InvestorRounds
TNT VenturesSeed
Uncorrelated VenturesSeed, Series A
Coelius CapitalSeed, Series A
Riot VenturesSeries A, Seed
Firebolt VenturesSeed
Hack VCSeed, Series A
RRE VenturesSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 10, 2026

    Added The Hibler Law Firm as a new customer.

  • Dec 26, 2025

    Added Best Egg, Inc. as a mid-market customer.

OpenEnvoy Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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OpenEnvoy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLas Vegas, Nevada
Employee Range58
Year Founded2020
Last FundingMay 3, 2023

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