OpenEnvoy Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 69

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $15M

  • Investors
  • 37

OpenEnvoy General Information

Description

Developer of financial software designed to solve fraud through accounts payable automation. The company's platform offers invoice auditing without intervention and is focused on safeguarding businesses from being charged too much by vendors, enabling companies to have an immediate ROI and real-time visibility throughout their supplier network at a predictable monthly cost.

Contact Information

Website
www.openenvoy.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 317 South 6th Street
  • Las Vegas, NV 89138
  • United States
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Accounting, Audit and Tax Services (B2B)
Vertical(s)
Artificial Intelligence & Machine Learning, Supply Chain Tech, FinTech, B2B Payments
Corporate Office
  • 317 South 6th Street
  • Las Vegas, NV 89138
  • United States

OpenEnvoy Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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OpenEnvoy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series A) 10-Mar-2023 $15M Completed Generating Revenue
2. Accelerator/Incubator 26-Apr-2022 Completed Generating Revenue
1. Seed Round 13-Apr-2021 $6.5M $6.5M Completed Generating Revenue
To view OpenEnvoy’s complete valuation and funding history, request access »

OpenEnvoy Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1
Series A
Seed-5
Seed-4
Seed-3
Seed-2
Seed-1 780,108 $0.000100 8% $0.64 $0.64 1x $0.64 3.18%
Seed-0 2,933,020 $0.000100 8% $1.54 $1.54 1x $1.54 11.96%
To view OpenEnvoy’s complete cap table history, request access »

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OpenEnvoy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of financial software designed to solve fraud through accounts payable automation. The company's platform offe
Financial Software
Las Vegas, NV
69 As of 2024

Toronto, Canada
 

San Francisco, CA
 
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OpenEnvoy Competitors (69)

One of OpenEnvoy’s 69 competitors is FreshBooks, a Venture Capital-Backed company based in Toronto, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
FreshBooks Venture Capital-Backed Toronto, Canada
Tradeshift Venture Capital-Backed San Francisco, CA
Vindicia Formerly VC-backed San Mateo, CA
Aria Systems Venture Capital-Backed San Francisco, CA
Rev.io Private Equity-Backed Atlanta, GA
You’re viewing 5 of 69 competitors. Get the full list »

OpenEnvoy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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OpenEnvoy Investors (37)

Investor Name Investor Type Holding Investor Since Participating Rounds
01 Advisors Venture Capital Minority
Hands On Angel Angel Group Minority
Stonewater Ventures Venture Capital Minority
ZEBOX Accelerator/Incubator
Adapt Ventures Venture Capital Minority
You’re viewing 5 of 37 investors. Get the full list »

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OpenEnvoy FAQs

  • When was OpenEnvoy founded?

    OpenEnvoy was founded in 2020.

  • Where is OpenEnvoy headquartered?

    OpenEnvoy is headquartered in Las Vegas, NV.

  • What is the size of OpenEnvoy?

    OpenEnvoy has 69 total employees.

  • What industry is OpenEnvoy in?

    OpenEnvoy’s primary industry is Financial Software.

  • Is OpenEnvoy a private or public company?

    OpenEnvoy is a Private company.

  • What is the current valuation of OpenEnvoy?

    The current valuation of OpenEnvoy is .

  • What is OpenEnvoy’s current revenue?

    The current revenue for OpenEnvoy is .

  • How much funding has OpenEnvoy raised over time?

    OpenEnvoy has raised $21.5M.

  • Who are OpenEnvoy’s investors?

    01 Advisors, Hands On Angel, Stonewater Ventures, ZEBOX, and Adapt Ventures are 5 of 37 investors who have invested in OpenEnvoy.

  • Who are OpenEnvoy’s competitors?

    FreshBooks, Tradeshift, Vindicia, Aria Systems, and Rev.io are some of the 69 competitors of OpenEnvoy.

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