Home Tech AppZen nabs $50M to build AI tools for expenses and other finance...

AppZen nabs $50M to build AI tools for expenses and other finance team work

AI now touches every aspect of how a company operates — from forming the core of the service itself, through to customer interactions, building new things, and helping with mundane paperwork and other back-office tasks. Today, one of the faster-growing startups in the latter category is announcing a round of funding as it continues on its own path: AppZen , which builds AI-powered tools to automate functions within the finance department, has raised another $50 million in funding led by Coatue Management with previous investors Redpoint Ventures and Lightspeed Venture Partners also participating.

Source link – Read full article

READ THIS LIST