appzen.comFinTech / FinTech softwareFounded: 2012Funding to Date: $102.48MM
AppZen is a finance AI platform created for finance teams. Their products, including ExpenseAudit, Autonomous AP, and Spend Audit which can audit spending across T&E, company cards, and more, integrate with a business's existing applications like Coupa, Workday, and Oracle. AppZen was founded in 2012 by Anant Kale, Kunal Verma Ph.D., and Hemanthi Mancha and is headquartered in San Jose, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/11/2019 | Series C | $50MM | $xx.xx | $406.25MM | Coatue Management, Lightspeed Venture Partners, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
19,825,532
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, Lightspeed Venture Partners, Redpoint Ventures
|
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09/30/2018 | Series B | $35MM | $xx.xx | $174.99MM | Lightspeed Venture Partners, Redpoint Ventures, Resolute Ventures | |
Price per Share
$xx.xx
Shares Outstanding
28,280,537
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lightspeed Venture Partners, Redpoint Ventures, Resolute Ventures
|
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11/01/2017 | Series A | $12.7MM | $xx.xx | $47.7MM | Redpoint Ventures, Resolute Ventures | |
Price per Share
$xx.xx
Shares Outstanding
26,158,598
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Redpoint Ventures, Resolute Ventures
|
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01/06/2017 | Series Seed Plus | $1.89MM | $xx.xx | $14.11MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
7,378,469
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
06/22/2016 | Series Seed-1 | $100,125.00 | $xx.xx | $6.78MM | Bloomberg Beta, Mastercard, Resolute Ventures, Silicon Valley Bank | |
Price per Share
$xx.xx
Shares Outstanding
2,812,494
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bloomberg Beta, Mastercard, Resolute Ventures, Silicon Valley Bank
|
||||||
06/22/2016 | Series Seed-2 | $799,149.00 | $xx.xx | $6.78MM | Bloomberg Beta, Mastercard, Resolute Ventures, Silicon Valley Bank | |
Price per Share
$xx.xx
Shares Outstanding
7,475,670
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bloomberg Beta, Mastercard, Resolute Ventures, Silicon Valley Bank
|
||||||
06/22/2016 | Series Seed | $2MM | $xx.xx | $6.78MM | Bloomberg Beta, Mastercard, Resolute Ventures, Silicon Valley Bank | |
Price per Share
$xx.xx
Shares Outstanding
15,898,247
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bloomberg Beta, Mastercard, Resolute Ventures, Silicon Valley Bank
|