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OpenEnvoy

Finance Technology (FinTech) ~90 employees
Founded
--
Employees (Est.)
~90
6 leaders known
Total Funding
$15.0M
Funding Rounds
1
Last Funding
2023-05-03

About OpenEnvoy

OpenEnvoy provides autonomous finance solutions to transform finance operations from a cost center to a strategic growth driver. Their platform integrates AP, AR, and finance workflows, offering real-time invoice capture, fraud detection, and seamless ERP integrations to improve accuracy, reduce costs, and protect cash flow.

Products & Services

Accounts Payable Software:Automates invoice processing, identifies fraud and duplicates, ensures compliance and control, and offers visibility and freight audit capabilities.
Accounts Receivable Software:Automates cash application and reconciliation to reduce bad debt, decrease days sales outstanding (DSO), and accelerate cash flow.
OpenEnvoy Platform:A comprehensive platform for capturing and extracting data, managing contracts and reconciliation, providing intelligent workflows, order entry automation, and working capital solutions.
E-Invoicing:Supports electronic invoicing processes for efficient transaction handling.
Integrations:Offers no-code, fast connectivity with ERP systems like Oracle, SAP, NetSuite, QuickBooks, Microsoft Dynamics, and more for seamless workflow automation.

Specialties

Autonomous Finance Accounts Payable Automation Accounts Receivable Automation Invoice Fraud Detection Real-Time Auditing ERP Integrations Generative AI for Finance Cash Flow Management

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series A
T: -
FT: Series A 		A: 15000000
MR: -
FA: $15 million
FAN: 15000000 		D: 2023-05-03
FD: 2023-05-03 		5 investors
Series A Latest
2023-05-03
$15.0M
5 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

M

Matthew Tillman

Co-founder, CEO

LinkedIn (Pro only)
P

Parker Moore

Co-Founder, Design

LinkedIn (Pro only)
N

Naveen Kumar

Engineering

LinkedIn (Pro only)
A

Adam Mills

Customer Success

L

Liz Kaiser

VP of Marketing

T

Theresa Contario

GM of Agency and Media

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Recent News

OpenEnvoy Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Finance Technology (FinTech)
Company Size
~90 employees (est.)

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