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Founded Year



Series C | Alive

Total Raised




Last Raised

$50M | 4 yrs ago

About AppZen

AppZen is a company that focuses on autonomous spend-to-pay software within the finance technology industry. The company offers artificial intelligence software that processes information from various data sources to help organizations understand enterprise spend, leading to smarter business decisions. The software integrates with existing accounts payable, expense, and card workflows to read, understand, and make real-time decisions based on a company's unique spend profile, resulting in faster processing times and fewer instances of fraud or duplicate spend. It was founded in 2012 and is based in San Jose, California.

Headquarters Location

6201 America Center Drive Suite 300

San Jose, California, 95002,

United States



ESPs containing AppZen

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Financial Services / Payments Tech

The financial close automation market leverages advanced technologies to automate and streamline the various tasks involved in financial closing. By adopting these solutions, businesses can accelerate the financial close cycle, reduce errors, and improve overall accuracy in financial reporting. Financial close automation enables the integration and synchronization of data from multiple sources, en…

AppZen named as Challenger among 11 other companies, including Planful, Vena Solutions, and FloQast.


Research containing AppZen

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned AppZen in 2 CB Insights research briefs, most recently on Oct 26, 2023.

Expert Collections containing AppZen

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AppZen is included in 7 Expert Collections, including Regtech.



1,453 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.


SMB Fintech

2,003 items


AI 100

100 items


Artificial Intelligence

10,987 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.


Tech IPO Pipeline

282 items

Track and capture company information and workflow.



8,123 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

AppZen Patents

AppZen has filed 4 patents.

The 3 most popular patent topics include:

  • classification algorithms
  • data management
  • image processing
patents chart

Application Date

Grant Date


Related Topics




Data management, Database management systems, Machine learning, Classification algorithms, Data modeling


Application Date


Grant Date



Related Topics

Data management, Database management systems, Machine learning, Classification algorithms, Data modeling



Latest AppZen News

AppZen Spotlights Senior Vice President of Customer Success, Matt Wright

Oct 18, 2023

News Provided By Share This Article Matt Wright, SVP of Customer Success, AppZen Says Mr. Wright: “[We’ve] delivered the first accelerated step change in AP automation the market has seen in decades.” delivering outstanding results like I’ve never before seen in my career. I’m excited to be involved in shaping the future of finance operations.” — Matt Wright SAN JOSE, CALIFORNIA, USA, October 18, 2023 / / -- AppZen , a leader in AI-first finance automation solutions, is proud to spotlight Matt Wright , Senior Vice President of Customer Success. With a rich history in fintech leadership roles and a passion for improving finance operations, Matt has been instrumental in driving AppZen's customer-centric approach. Said AppZen’s CEO, Anant Kale, “AppZen is fortunate to have a leader like Matt. He brings both a wealth of experience and a genuine passion for customer success. His story-driven advocacy keeps AppZen’s customers at the forefront of the company’s devotion to delivering unparalleled value through its suite of AI-driven finance automation solutions.” Matt's journey in the fintech world is both impressive and inspiring. Before joining AppZen, he served as the President of Symbeo, a global frontrunner in AP automation services. He also played a pivotal role in building and leading the Customer Success operations for Taulia. His expertise lies in navigating uncharted territories, developing scalable processes, and assembling the teams that bring them to life. When asked about his leadership philosophy, Matt shared, “As leader of our customer teams, I take seriously our responsibility to bridge the realities of our customers’ finance operations with AppZen’s leadership, product, and engineering teams. It’s vital that our technology solves our customers’ most meaningful challenges. Some of the largest brands on the planet trust us to understand their businesses and deliver the most compelling AI-first technology built specifically for finance operations.” Matt is committed to helping his customers address their intricate challenges in invoice automation using cutting-edge AI technology. Lately, he has been dedicating more of his expertise in support of his European clients’ unique challenges, as the AppZen Autonomous AP solution, with its exceptional data extraction capabilities across various languages and its unmatched automation of intricate tax scenarios, has grown into a stand-out product in the EMEA market. “AppZen Autonomous AP is delivering outstanding results like I’ve never before seen in my career,” he said. “Our AI-first approach has delivered the first accelerated step change in AP automation that the market has seen in decades. I’m excited to be involved in shaping the future of finance operations.” Beyond his professional achievements, Matt is a fervent outdoorsman. Whether it's paddleboarding at dawn, mountain biking through rugged terrains, skiing down snowy slopes, or playing golf, Matt's love for the outdoors is evident. He often explores the scenic beauty of Oregon with his family, making the most of the state's diverse landscapes. About AppZen AppZen is the leader in autonomous spend management solutions that accurately and efficiently automate invoice, expense, and card processes. Using AI purpose-built for finance and trained on millions of spend transactions, our solutions seamlessly integrate with existing finance workflows to read, understand, and make real-time decisions based on your unique spend profile, leading to faster processing times and fewer instances of fraud or wasteful spend. Global enterprises, including one-third of the Fortune 500, trust the AppZen platform to reduce costs, mitigate risk, and accelerate the speed and agility of their businesses. To learn more, visit us at . Angela Orr

AppZen Frequently Asked Questions (FAQ)

  • When was AppZen founded?

    AppZen was founded in 2012.

  • Where is AppZen's headquarters?

    AppZen's headquarters is located at 6201 America Center Drive, San Jose.

  • What is AppZen's latest funding round?

    AppZen's latest funding round is Series C.

  • How much did AppZen raise?

    AppZen raised a total of $102.59M.

  • Who are the investors of AppZen?

    Investors of AppZen include Redpoint Ventures, Lightspeed Venture Partners, Coatue, Geodesic Capital, Resolute Ventures and 8 more.

  • Who are AppZen's competitors?

    Competitors of AppZen include Miletos and 6 more.


Compare AppZen to Competitors


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SAP Concur

SAP Concur is a company that focuses on integrated travel, expense, and invoice management solutions. The company offers a range of products that guide employees through business trips, automate invoice approvals, and populate charges directly into expense reports. SAP Concur primarily serves sectors such as education, energy & utilities, financial services, government, healthcare, and technology companies. It was founded in 1993 and is based in Bellevue, Washington. SAP Concur operates as a subsidiary of SAP.

Financial Transmission Network

Financial Transmission Network is a company that focuses on financial technology, specifically in the domain of accounts receivable automation. The company offers a cloud-based platform that streamlines and automates accounts receivable and payment processing operations, including check processing, online and mobile payments, and automated cash application. The company primarily serves sectors such as insurance, distribution, nonprofit, realty, property management, banking, and securities. It was founded in 2007 and is based in Omaha, Nebraska.

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Spendesk provides corporate spending solutions to control and manage payments. It offers a dashboard to track budgets, receipts, and expense approvals and offers company cards with built-in controls. The company was founded in 2016 and is based in Paris, France.


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