Tech Company Financing Transactions
OpenEnvoy Funding Round
OpenEnvoy closed a $15 million Series A venture capital round on 5/3/2023. Investors included RRE Ventures, Coelius Capital and Hack VC.
Transaction Overview
Company Name
Announced On
5/3/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its growth and expand its global presence.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
317 South 6th St
Las Vegas, NV 89138
USA
Las Vegas, NV 89138
USA
Phone
Undisclosed
Website
Email Address
Overview
OpenEnvoy is designed to eliminate supplier fraud before it happens. Our solution was built by a team of industry professionals with over 35 years combined experience developing products to automate complex workflows and recover billions of dollars in wasted spend. Every year it gets harder to produce returns and Finance teams are shrinking. With Open Envoy, your team will increase margins and improve cash flow by automatically identifying invoice discrepancies, automating the aging process, and uncovering valuable insights into your supplier network.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Tillman
Chief Technical Officer
Naveen Kumar
Co-Founder
Parker Moore
Browse more venture capital transactions:
Prev: 5/3/2023: Cohere venture capital transaction
Next: 5/3/2023: Partanna venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs