• AppZen nabs $35M for AI that audits expenses in real time for non-compliance and fraud

    15 days ago - By Tech Crunch

    The march to add more artificial intelligence-powered tools into the enterprise stack continues apace, and today another startup has raised a growth round to position itself as one of the leaders in is particular niche. AppZen , which has developed an AI platform that analyses employees' expenses to sniff out when someone is either violating company policy, or actively committing expense fraud, has raised $35 million in a Series B round of funding.
    Led by Lightspeed Venture Partners, with participation also from previous investors Redpoint Ventures and Resolute Ventures - the funding was...
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