OverviewSuggest Edit

AppZen delivers an AI platform for modern finance teams. It automates a manual process, uncovers problems, and optimizes decision making for enterprises. AppZen platform combines deep learning, computer vision, and semantic analysis with intelligence from online data sources to understand financial transactions in a business context and make decisions before those transactions happen.

TypePrivate
Founded2012
HQSan Jose, CA, US
Websiteappzen.com
Employee Ratings4.2
Overall CultureA-

Latest Updates

Employees (est.) (Jan 2021)254(-1%)
Cybersecurity ratingAMore

Key People/Management at AppZen

Anant Kale

Anant Kale

Co-Founder and CEO
Kunal Verma

Kunal Verma

Co-Founder, CTO and Director
Naresh Bansal

Naresh Bansal

CFO
Mark Stagi

Mark Stagi

VP, Customer Success
John Narbaitz

John Narbaitz

VP, Sales
Richard Terry-Lloyd

Richard Terry-Lloyd

Chief Revenue Officer
Show more

AppZen Office Locations

AppZen has offices in San Jose, Tempe, Pune and Reading
San Jose, CA, US (HQ)
6201 America Center Dr #300, Alviso
Tempe, AZ, US
1711 W Greentree Dr #225
Pune, IN
55, Damle Rd, Shanti Sheela Society, Deccan Gymkhana
Reading, GB
49-51, Aquis House, Blagrave St
Show all (4)

AppZen Financials and Metrics

Summary Metrics

Founding Date

2012

AppZen total Funding

$100.9 m

AppZen latest funding size

$50 m

Time since last funding

a year ago

AppZen investors

AppZen's latest funding round in September 2019 was reported to be $50 m. In total, AppZen has raised $100.9 m. AppZen's latest valuation is reported to be $500 m.
View all funding rounds

AppZen Revenue

Market valuation

500.0m
Show all financial metrics

AppZen Operating Metrics

AppZen's Enterprise Customers was reported to be 1.5 k in Sep, 2019.
Sep, 2019

Enterprise Customers

1.50 k
Show all operating metrics

Human Capital Metrics

Embed Graph
Show all human capital metrics

AppZen Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

AppZen Online and Social Media Presence

Embed Graph

AppZen Company Culture

  • Overall Culture

    A-

    85/100

  • CEO Rating

    A+

    94/100

  • Compensation

    A

    86/100

  • Diversity

    B

    83/100

Learn more on Comparably

AppZen News and Updates

Incredible Growth in Financial Audit Management Software Market 2020-2027 major key companies profiled like AppZen, Inc., AuditDesktop, Chrome River Technologies, Inc., GreenLine, Hubdoc Inc., MindBridge Analytics Inc., Smartaudit, Stray Dot Analytics, Su

The Financial Audit Management Software Market delivers a comprehensive study of the market, including its dynamics, structure, characteristics, Key players, growth and demand drivers, etc. As a Complete Analysis report, it covers all details inside analysis and outlook according to Premium Market I…

AppZen introduces AI system for audit analysis

Mastermind Analytics identifies spending risks, provides benchmarks on demand, and gives finance teams more visibility into behavior patterns.

AppZen enhances AI finance platform

AppZen has released its enhanced AppZen Platform, using artificial intelligence to automate audits and other financial processes.

AppZen nabs $50M to build AI tools for expenses and other finance team work

AI now touches every aspect of how a company operates — from forming the core of the service itself, through to customer interactions, building new things, and helping with mundane paperwork and other back-office tasks. Today, one of the faster-growing startups in the latter category is announcing a…

AppZen raises $50 million to automate expense reporting with AI

Expense reporting is a time-consuming chore. Just ask the folks at Concur, who estimate that it takes 20 minutes on average to complete a single report and 18 minutes to correct an erroneous one. That’s why Anant Kale and Kunal Verma set out to find a better way with AI, which seven years ago evolve…

AppZen Raises $35 Million to Catch Employees Cheating on Expense Reports

AI machines may now be auditing your expenses.
Show more

AppZen Blogs

Expense leaders call on AI to decrease their financial workload

Expense leaders face a dilemma. At a time when resources are increasingly scarce, more and more is being asked of them — how can they possibly achieve this balance of accuracy and speed with ever reduced headcount? Managing employee expenses is a mundane, time-consuming, and expensive job that not o…

Using advanced AI to eliminate unnecessary employee spend

Managing employee expenses is a mundane and often error-prone task that is an expensive drain on financial resources. Unfortunately, spend management becomes an even more costly shackle due to wastage or fraud in those expense claims. The Association of Certified Fraud Examiners (ACFE) estimates tha…

Why Now, Why Always

“It takes a village to raise a child “ – African Proverb Before I say anything out of my mouth that lands as a cornucopia of accents from Brooklyn, to South East London to Jamaican patio. Before I hint at my political views, my favorite foods, my upbringing, my occupation; anything that can provide …

Eliminate unnecessary employee spend with AI

Managing employee expenses is a mundane, time-consuming, and expensive job that not only chews up significant resources but is also incredibly difficult to do well. The swift reimbursement of out-of-pocket expenses to employees is an essential task if you want to keep those staff happy — but is ridd…

Custom expense policies demand automated, but flexible, AI enforcement

Your organization is unique — and so are your expense policies. Expense leaders worldwide spend hours crafting finely honed policies that detail every aspect of what can and cannot be claimed by employees as out of pocket expenses. Yet applying those policies against masses of incoming expense repor…

Four Ways AI Is Revolutionizing Employee Expense Processing

Controlling corporate spend is always high on the list of priorities for controllers and their teams but has become even more critical thanks to the COVID pandemic. But corporate expenses are notoriously difficult to control and often managed internally by costly manual processes littered with incon…
Show more

AppZen Frequently Asked Questions

  • When was AppZen founded?

    AppZen was founded in 2012.

  • Who are AppZen key executives?

    AppZen's key executives are Anant Kale, Kunal Verma and Naresh Bansal.

  • How many employees does AppZen have?

    AppZen has 254 employees.

  • Who are AppZen competitors?

    Competitors of AppZen include Bokio, AYOMI and Zeitgold.

  • Where is AppZen headquarters?

    AppZen headquarters is located at 6201 America Center Dr #300, Alviso, San Jose.

  • Where are AppZen offices?

    AppZen has offices in San Jose, Tempe, Pune and Reading.

  • How many offices does AppZen have?

    AppZen has 4 offices.