AppZen
AppZen develops autonomous spend-to-pay software using AI for finance teams, with flagship products like Autonomous AP and Expense Audit.
Secondary Market Price
Secondary Market Price
How AppZen Measures Up
To help you manage your AppZen equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series D
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future AppZen Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for AppZen's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
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Company Description
AppZen provides artificial intelligence-based software for enterprise finance teams, focusing on autonomous spend-to-pay solutions. The company's products, including Autonomous AP for invoice processing and Expense Audit for expense management, automate workflows, detect fraud, and reduce non-compliant spending by integrating with existing financial systems. Founded in 2012 by Anant Kale and Kunal Verma, AppZen has expanded to serve a client base that includes one-third of the Fortune 500 companies across sectors such as financial services, life sciences, and technology. The company has raised over $100 million in funding and operates globally with offices in the U.S., U.K., and India.
In recent announcements, the company launched its Inbox AP Service Center, a tool that automates vendor email handling to reduce manual work for accounts payable teams. AppZen has also published performance metrics, stating its platform has prevented $330 million in suspicious spending losses and $400 million in non-compliant spend. The company's forward-looking statements emphasize a shift from AI models to "agentic AI," which it promotes as the next step in automating complex finance tasks. This focus is part of a stated goal to enable finance teams to concentrate more on strategic work rather than manual exception handling.
- Riverwood Capital
- Redpoint Ventures
- Lightspeed Venture Partners
- Coatue Management
- Bloomberg Beta
- 500 Global
- Resolute Ventures
- Silicon Valley Bank
- MasterCard
- FundersClub
- Co-Founder, Anant Kale
- Co-Founder, Kunal Verma
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is AppZen worth joining?
Deciding to join any company is a personal choice that depends on your career goals, the company culture, and your financial situation. If you receive equity compensation as part of an offer, platforms like Prospect can help you understand and manage its potential value.
What should I do with my AppZen stock?
The right strategy for your AppZen stock depends on your personal financial goals and the tax implications of holding, exercising, or selling. Tools like Prospect can provide personalized, tax-optimized strategies to help you make informed decisions about your equity.
Can you sell AppZen stock?
As AppZen is a private company, its stock is not publicly traded, but you can often sell shares during company-approved tender offers or on secondary markets. Platforms like Prospect offer tools to help you navigate these sales and determine which shares are most tax-optimal to sell.
How can I find the value of my AppZen stock?
The value of private stock like AppZen's is typically determined by the company's latest 409A valuation and prices on secondary markets. For a more forward-looking analysis, Prospect uses predictive models trained on venture capital data to help project your equity's future value.
What is AppZen's equity worth?
The current worth of AppZen's equity is based on its most recent 409A valuation, which establishes the fair market value for tax and compliance purposes. To understand its potential future worth, you can use financial modeling tools from platforms like Prospect to analyze various growth scenarios.
What is AppZen's stock ticker symbol?
Since AppZen is a private company, it does not have a stock ticker symbol and is not traded on public stock exchanges. Ticker symbols are assigned only when a company becomes public through an Initial Public Offering (IPO).
Can I buy or sell AppZen stock?
Selling AppZen stock is typically possible during specific liquidity events like tender offers, while buying is usually limited to employees exercising their options or accredited investors on secondary markets. Prospect provides tools and guidance to help employees navigate both exercising options and selling shares tax-efficiently.
What is the criteria to buy or invest in AppZen stock?
Investing in a private company like AppZen is generally restricted to accredited investors, venture capital firms, or employees who receive stock options as part of their compensation. Employees can then "buy" shares by exercising their vested options according to the terms of their grant.
