Stampli

Cloud-based Interactive Invoice Management

Fintech & Insurtech
Private

Company Overview

Snapshot

Founded in May 2014 by Eyal Feldman and Ofer Feldman, Stampli operates with 201–500 employees. The company has raised $145 million across 5 funding rounds from 7 investors. In October 2023, Stampli secured a D Round of funding with Blackstone as a lead investor.

Business overview

Stampli provides a cloud-based interactive invoice management tool designed to accelerate accounts payable processes. Its core technology creates a digital landing page for each invoice, centralizing communication and approvals directly on the invoice itself. This approach aims to reduce the time spent on invoice approvals by up to 80%. Stampli's intuitive and collaborative user interface integrates with leading enterprise resource planning systems such as NetSuite, Intacct, QuickBooks, and SAP, serving businesses across various industries with its SaaS, machine learning, and AI-driven solutions.

Strategic signal

In September 2024, Stampli announced its Cognitive AI initiative, aiming to autonomously handle business purchase orders. This development signals a strategic move towards enhanced automation and artificial intelligence within the accounts payable sector, positioning Stampli to offer more comprehensive and efficient solutions to its enterprise clients and potentially disrupting traditional invoice management workflows.

Company Intelligence Q&A

When was Stampli founded?
Stampli was founded in May 2014 by Eyal Feldman and Ofer Feldman.
What was a significant recent funding event for Stampli?
In October 2023, Stampli secured a D Round of funding, with Blackstone participating as a lead investor.
What is Stampli's strategic focus regarding AI?
In September 2024, Stampli unveiled its Cognitive AI, designed to autonomously manage business purchase orders, indicating a strong focus on advanced automation in accounts payable.
Which investors participated in Stampli's C Round funding?
In May 2021, Stampli received C Round funding from investors including Insight Partners and SignalFire.
What product did Stampli launch in May 2022?
In May 2022, Stampli launched Stampli Insights, a product designed to transform accounts payable data into actionable business outcomes.

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