Profile Information

DEMO Fall 2014
Market Segment
Bitcoin and Personal Finance
Funding Amount
Product Description
AppZen provides the world's first ambient solution for T&E expense compliance and audit. AppZen’s patent pending data science based technology automatically creates expense reports, provides real time compliance to IRS rules and company policies, and automatically audits and assigns a risk score to every expense to detect fraud and misuse.
Funding Round
Funding Details
500 Startups Accelerator
No Direct Competitors for automation of T&E expense compliance & audit. Concur, SAP, Oracle and others only have T&E Expense Reports tracking software.
Market Opportunity
441 billion dollars are lost annually to T&E expense fraud. Companies spend 7% of their budget on T&E expenses, however the compliance and audit of these is completely manual, exposing them to risk of fraud, misuse and IRS audits. AppZen uses data science to automate T&E Expense compliance and audit.

Company Contact

Company Address
440 N Wolfe Road
Primary Phone
(408) 647-5253
Officer One
Anant Kale - CEO
Officer Two
Kunal Verma - CTO
Officer Three
Officer Four
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