Tech Company Financing Transactions

AppZen Funding Round

Lightspeed Venture Partners, Redpoint Ventures and Resolute Ventures participated in a $35 million Series B venture round for AppZen. The round was announced by the company on 10/31/2018.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Lightspeed Venture Partners (Lead Investor) (Arif Janmohamed)

Redpoint Ventures (Alex Bard)

Resolute Ventures (Raanan Bar-Cohen)

Proceeds Purpose
AppZen will use the funds to scale its team worldwide and expand its AI-powered product suite from expenses into invoices and contracts -- to achieve its goal of auditing every dollar of spend across the enterprise.

Company Information

Company Status
Private & Independent
Artificial Intelligence
Mailing Address
6201 America Center Dr. 300
San Jose, CA 95002
Email Address
AppZen uses artificial intelligence to automate expense report auditing and instantly detect fraud and compliance issues. Our patent pending data science technology instantly analyzes receipts, credit card transactions, travel bookings and other data to enable your business to audit 100% of your expense reports without adding human auditors.
AppZen LinkedIn Company Profile
Social Media
AppZen Company Twitter Account
Company News
AppZen News
AppZen on Facebook
AppZen on YouTube

Management Team

Email & Social
Chief Executive Officer
Anant Kale
  Anant Kale LinkedIn Profile  Anant Kale Twitter Account  Anant Kale News  Anant Kale on Facebook
Chief Financial Officer
Naresh Bansal
  Naresh Bansal LinkedIn Profile  Naresh Bansal Twitter Account  Naresh Bansal News  Naresh Bansal on Facebook
Chief Marketing Officer
Jamie Barnett
  Jamie Barnett LinkedIn Profile  Jamie Barnett Twitter Account  Jamie Barnett News  Jamie Barnett on Facebook
Chief Operating Officer
Matthew Zelen
  Matthew Zelen LinkedIn Profile  Matthew Zelen Twitter Account  Matthew Zelen News  Matthew Zelen on Facebook
Chief Technical Officer
Kunal Verma
  Kunal Verma LinkedIn Profile  Kunal Verma Twitter Account  Kunal Verma News  Kunal Verma on Facebook
VP - Customer Service
Mark Stagi
  Mark Stagi LinkedIn Profile  Mark Stagi Twitter Account  Mark Stagi News  Mark Stagi on Facebook
VP - Product Management
Andrew Chiang
  Andrew Chiang LinkedIn Profile  Andrew Chiang Twitter Account  Andrew Chiang News  Andrew Chiang on Facebook
VP - Sales
John Narbaitz
  John Narbaitz LinkedIn Profile  John Narbaitz Twitter Account  John Narbaitz News  John Narbaitz on Facebook



Browse more venture capital transactions:

Prev: 10/31/2018: Jackpocket venture capital transaction
Next: 10/31/2018: Aura Health venture capital transaction


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Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from, an affiliated venture.


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