ap-automation
(24)
Flex
Flex is an AI-native private banking platform for high-net-worth, middle-market business owners. It bundles credit, business and personal banking, payments, AP automation, expense management, and ERP-style tooling into a single super app aimed at owner-operators of $3M-$100M revenue companies.
Corpay
The company once known for fuel cards now sits inside invoices, hotel bookings, foreign-exchange trades and millions of everyday business purchases. Its next act is a deliberate turn toward corporate payments - with AI, APIs and new settlement rails layered onto an unusually physical financial network.
MHC
For more than two decades, a quiet company in the Minneapolis suburbs has been running the paperwork that keeps large enterprises moving - the invoices, statements and payments most people never see.
Bottomline
Transforming the Way Businesses Pay and Get Paid
Cedalio
Cedalio is an AI agent platform for the office of the CFO that automates accounts payable, procurement, and utility-bill processing. Its specialized agents read invoices and bills from email, portals, and drives using vision models, run 3-way matching against purchase orders and receipts, flag duplicates and anomalies, and handle LATAM tax compliance before data reaches the ERP. Founded by ex-Wolox engineers and backed by Y Combinator (S23), the company began as a blockchain-verifiable database and evolved through sustainability data into finance automation, keeping auditability as its throughline.
Peakflo
Peakflo is a Singapore-founded, Y Combinator-backed (W22) finance automation platform that puts B2B accounts receivable and accounts payable on autopilot. It connects to accounting systems and ERPs to automate invoice collections, bill payments, expense reimbursements and reconciliation, helping finance teams get paid faster, cut vendor payment time and reclaim thousands of hours a month. Positioned as the AI-native alternative to legacy AP/AR tools for the mid-market and Southeast Asia.
penny.
penny. is a Saudi-based B2B SaaS company that digitizes the full source-to-pay procurement cycle on one cloud platform. It combines e-sourcing, RFQs, purchase orders, supplier management, spend analytics and AI-driven automation so enterprises can cut costs, tighten governance and speed up buying. The modular, customizable system is used by companies across 75+ countries and is layered with AI tools like the Bidly.ai sourcing assistant to make procurement faster and more transparent.
Hyperbots Inc.
Hyperbots is an agentic AI company building finance and accounting co-pilots for mid-market enterprises. Its platform automates core workflows - procure-to-pay, order-to-cash, expense management and analytics - by converting unstructured financial documents into structured, ERP-ready data. Founded in 2023 and headquartered in Dover, Delaware with engineering in Bengaluru, the company reports 99.8% document accuracy and up to 80% straight-through processing, and in 2025 raised a $6.5M Series A co-led by Arkam Ventures and Athera Venture Partners to expand in the U.S. and launch HyperLM, a large language model trained specifically on finance data.
Trustmi
Trustmi is a behavioral AI platform for payment security that helps enterprises stop socially engineered fraud and costly payment errors before money moves. Founded in 2021 by Shai Gabay and Eli Ben Nun, the company correlates signals across email, vendors, financial documents and payment workflows to build vendor 'digital fingerprints' and deliver a real-time safe/unsafe decision across the entire payment lifecycle. Trustmi says it protects over $240 billion in payments annually and has helped prevent more than $1 billion in fraud.
Plooto
Plooto is a Toronto-based fintech that automates accounts payable and accounts receivable for small and medium-sized businesses and the accounting firms that serve them. It unifies invoice capture, approval workflows, domestic and international payments, and two-way reconciliation with QuickBooks, Xero, and NetSuite - giving finance teams one place to control money moving in and out. More than 10,000 organizations across North America use the platform.
Routable
Routable is a San Francisco fintech that automates the unglamorous plumbing of business payments - accounts payable, mass payouts, and vendor onboarding. Founded in 2017 by Omri Mor and Tom Harel and backed by Y Combinator and the Altman brothers, its cloud-native platform captures invoices with AI-powered OCR, runs approval and compliance workflows, handles tax forms, and pushes money out via ACH, real-time rails, and cross-border methods while syncing back to accounting systems.
Zachary Garippa
Zachary Garippa is the co-founder and CEO of Order.co, the New York B2B spend-management and guided-purchasing platform he started in 2016 as Negotiatus. A Boston College finance grad who once worked a Morgan Stanley desk and a luxury-building door, Garippa built Order into a company connecting 40,000-plus vendors, serving 300-plus customers, and processing nearly half a billion dollars in annualized spend. He rises at 3:30 a.m., says he is 'trying to build the greatest company New York has ever seen,' and is chasing a Series C to get there.
MarginEdge
MarginEdge is a restaurant management software company that turns the back office paperwork of running a restaurant - invoices, food costs, inventory, vendor payments - into real-time, actionable data. Founded in 2015 by restaurant veterans and technologists, the platform digitizes invoices, tracks theoretical vs. actual food costs, delivers daily profit-and-loss reports, and lets operators pay vendor bills with no added fees. Headquartered in Arlington, Virginia, it now serves more than 10,000 restaurants across the U.S. and Canada.
Order.co
Order.co is a New York-based AI-powered spend efficiency platform that consolidates business purchasing, approvals, payments, and reporting into one system. Founded in 2016 as Negotiatus and rebranded to Order in 2022, it helps mid-market and enterprise companies cut costs through AI-driven sourcing, a 17,000+ vendor network, and accounts payable automation, overseeing more than half a billion dollars in annualized spend for customers like WeWork, SoulCycle, and Hugo Boss.
Rho
Rho is a New York-based financial technology company that bundles business banking, corporate cards, treasury, accounts payable automation, and expense management into a single fee-free platform. Built for startups, mid-market companies, and accounting firms, Rho positions itself as a 'financial operating system' that replaces the patchwork of legacy banks and disconnected finance tools that growing companies usually stitch together.
Rutter
Rutter is a unified API that lets B2B software read and write financial data across 60+ accounting, commerce, payments, and ads platforms - from QuickBooks and NetSuite to Shopify, Amazon, and Stripe - through a single integration. Founded in 2021 by Peter Zhou and Eric Yu, the New York company is positioning itself as the 'Plaid for commerce,' powering financial workflows like lending, AP/AR automation, supplier enablement, and agentic commerce for 100+ fintech companies including Ramp, Airwallex, and Payoneer.
Ofer Feldman
Ofer Feldman is the Co-Founder and CTO of Stampli, a Mountain View-based AI-powered accounts payable automation company he co-founded with his brother Eyal Feldman in 2015. A computer engineer by training from Technion - Israel Institute of Technology, Ofer spent over a decade building software across defense, enterprise, and healthcare sectors before channeling that depth into Stampli. Under his technical leadership, Stampli has grown to process over $100 billion in invoices annually for 1,600+ businesses, raised $145.7 million in total funding including a $61M Series D led by Blackstone in 2023, and pioneered Cognitive AI that brings human-level PO matching to finance teams worldwide.
Ottimate
Ottimate (formerly Plate IQ) is an AI-powered accounts payable automation platform that captures, codes, verifies, and pays invoices end-to-end. Founded in 2014 to fix the back-office mess inside restaurants, it now serves CFOs and AP teams across hospitality, healthcare, construction, retail, and grocery.
Stampli
Stampli is an AI-powered accounts payable and procure-to-pay platform that centers all invoice communication, approvals, and payments around the invoice itself. Founded in 2015 by brothers Eyal and Ofer Feldman, the Mountain View company is best known for Billy the Bot, an AI agent trained on more than $150B in annual spend that codes invoices, matches POs, and flags duplicates across 70+ ERPs.
Shawn Lane
Shawn Lane is the Chief Executive Officer of Ottimate, an AI-powered accounts payable automation and payments platform serving mid-market businesses across hospitality, healthcare, construction, retail, and manufacturing. With more than 30 years of experience scaling enterprise SaaS and supply chain software companies - from Procter & Gamble to i2 Technologies to E2open - Lane brings rare operational depth to one of fintech's fastest-growing categories. His career is a through-line of companies that challenged legacy processes with intelligent automation, and Ottimate is his biggest stage yet.
Zaid Rahman
Zaid Rahman is the founder and CEO of Flex, an AI-native private bank and finance super app targeting mid-market business owners with $3M-$100M in revenue. A Thiel Fellow who left Columbia University to build companies, he previously founded Volley (an AI knowledge startup backed by JPMorgan and Zuckerberg Ventures) and an EdTech platform that was acquired. Inspired by watching his father's Dubai construction business nearly collapse due to a payment default, he co-founded Flex in 2022 to build the all-in-one financial platform that mid-market owners never had. Flex has raised $490.5M in total funding, reached $3B in annualized TPV, and became the first US fintech to launch a Visa Infinite Business credit card.
Zip
Zip is the AI platform for enterprise procurement, pioneering the intake-to-procure category and connecting the fragmented world of corporate spending into one orchestrated system. Founded in 2020 by Rujul Zaparde, Lu Cheng, and Felix Meng, Zip has processed over $500 billion in spend across 7.4 million suppliers, saved enterprise customers $6.8 billion, and raised $371 million at a $2.2 billion valuation - including the largest procurement tech investment in over two decades. With 50+ purpose-built AI agents, Zip is turning one of the most paper-heavy, approval-laden corners of corporate life into a fast, intelligent, and auditable process.
Barrett Boston
Barrett Boston is the former Chief Executive Officer of Ottimate (formerly Plate IQ), a San Francisco-based AI-powered accounts payable automation platform. Appointed CEO in October 2021 following FTV Capital's majority investment, Boston transformed the company from a restaurant-focused invoice tool into a multi-industry AP automation leader serving hospitality, healthcare, grocery, retail, construction, and manufacturing sectors. Under his leadership, Ottimate rebranded from Plate IQ, raised $160 million in Series B funding, launched an industry-first AI engine for AP, and introduced Conversational AP - an AI assistant for finance teams. Boston stepped down in March 2026, passing the CEO role to Shawn Lane. His career spans IBM, TravelClick, TriNet, and Merrill Lynch, with an MBA from Harvard Business School and a BA in Economics from Duke University.
Eyal Feldman
Eyal Feldman is the co-founder and CEO of Stampli, the Mountain View-based AI-powered accounts payable automation platform that processes over $100 billion in annual invoices for 1,700+ enterprises. A former SAP implementation specialist turned fintech founder, Feldman built Stampli around a simple belief: that AP should be a collaborative process, not a bureaucratic bottleneck. Under his leadership, Stampli has raised $145.7M in total funding, earned the #10 Best CEO of 2024 recognition from Comparably, and become a G2 Leader in 9 categories for AP automation software.