Appzen logo
Founded 2013

Appzen

2016 Revenue

$1.1M

YOY

Funding

$102.2M

Overview

About Appzen

AppZen is the world's leading solution for automated expense report audits. Using artificial intelligence to scan expense reports in seconds, AppZen helps your back office with compliance and T&E spend.

Monthly Revenue

$88.0K

Total Expenses

$88.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Appzen CEO Anant Kale on 06/04/2020.

Watch the podcast


Headquarters

4699 Old Ironsides Drive Santa ClaraCaliforniaUnited States

Appzen Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Appzen revenue run rate hit $1.1M in revenue.

$1.1M

Funding History

Appzen has raised $102.2M.

Funding DateRoundTotalValuation
03/22/2019$50.0M
07/26/2018$35.0M
10/17/2017$12.7M
01/06/2017$1.6M
06/08/2016$3.0M
04/27/2016$2.9M

Customers

Appzen has 22 customers.

Lifetime Months

×
Monthly ARPU

$4.0K

=
Lifetime Dollars


Acquisition Cost

$18.0K

Average Annual Price

$48.0K

$0$48.0K5 month payback period024681012

Churn

Appzen has an annual churn rate of 0%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Appzen has 14 employees..

2016
DistributionQty

Other

-9

Engineers

0

Quota Carrying

23 (164%)

CEO/Founder

Anant Kale

Anant founded AppZen in 2012 to bring AI to global finance teams, and is responsible for the company’s vision and business execution. Previously, he served as Vice President of Applications at Fujitsu America, where he had broad responsibility for the management and delivery of the company’s global enterprise applications and infrastructure. He has more than 20 years of experience in software development and engineering leadership. Anant earned a Bachelor of Science in Finance and Engineering and an MBA from Mumbai University. He loves music and hopes to learn to DJ sometime in the future.


CEO Q&A

What's your age?

37

Favorite online tool?

Hubspot

Favorite book?

Behavior Economics

Favorite CEO?

Rand Fishkin

Advice for 20 year old self

Don't start startup at 20, work with company first


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Frequently Asked Questions about Appzen

When was Appzen founded?

Appzen was founded in 2013.


Who is the CEO of Appzen?

The CEO of Appzen is Anant Kale


How many employees does Appzen have?

Appzen has 14 employees.

How much revenue does Appzen generate?

Appzen generates $1.1M in revenue.


How much funding does Appzen have?

Appzen has raised $102.2M.


Where is Appzen headquarters?

Appzen is headquartered at 4699 Old Ironsides Drive Santa ClaraCaliforniaUnited States

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