About Apron
Apron is a Technology company based in London (United Kingdom) founded in 2022 by Bogdan Uzbekov. It operates as a business invoices are sorted, paid, and reconciled through a platform. It operates on a SaaS (Software-as-a-Service) and FinTech model in Technology and Financial Services sectors. Apron has raised $50.5 million across 3 funding rounds from investors including Bessemer Venture Partners, Zinal Growth and Index Ventures. The company has 5 employees. Its chief executive is Bogdan Uzbekov. Its website getapron.com draws about 61 thousand monthly visits. Apron offers products and services including Invoice Capture, Bill Pay, and Apron Card. Its focus areas include Financials and Payment Processing. Its legal entity is Apron Payments Ltd. Its competitors include Tipalti, Previse, Obillex, Sweep and Fawaterk and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Apron Payments Ltd is focused on automating supplier payments, payroll, and expense management for businesses. Services are offered in the financial technology sector, including invoice capture, bill payments, and expense card issuance. Integration with accounting software like QuickBooks and Xero is supported for streamlined bookkeeping. Solutions are designed to save time on administrative tasks, ensuring cleaner financial records and efficient payment processes for businesses and accountants.
- Headquarters London, United Kingdom
- Employees 5
- Founders Bogdan Uzbekov
- SectorsTechnologyFinancial Services
- Website getapron.com
- Social LinkedIn Instagram
- Legal Name Apron Payments Ltd
- Total Equity Funding$50.5M (USD)
in 3 rounds
- Latest Funding Round$30M (USD), Series B
Sep 2024
- InvestorsBessemer Venture Partners
& 4 more
- Employee Count5
Products & Services of Apron
Apron offers a comprehensive portfolio of products and services, including Invoice Capture, Bill Pay, and Apron Card.
Invoices and receipts are digitized quickly using AI technology.
Batch payments to suppliers and employees are streamlined efficiently.
Expense cards are issued with controlled spending limits automatically.
Funding Insights of Apron
Apron has successfully raised a total of $50.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50.5M
- Total Rounds 3
- Last Round Series B — $30M
- First Round $5.5M
(Jun 2023)
- Investors Count 5
All 3 funding rounds of Apron with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $30M | Series B | – | Zinal Growth | |
| Sep 2023 | $15M | Series A | – | Index Ventures | |
| Jun 2023 | $5.5M | Seed | – | Bessemer Venture Partners | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Apron
Apron has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Zinal Growth and Index Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech investments are managed by Zinal Growth, a single-family office. | – | zinal.com | London, United Kingdom | |
Venture capital investments in technology startups and entrepreneurs. | – | indexventures.com | - | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Early-stage investments are targeted by the venture capital firm. | – | visionariesclub.vc | - | |
TF Tony Fadell | Inventor of iPod, Nest Labs founder, active angel investor in tech startups | – | unknown_f92c50738eee4903b | - |
Investor details for Apron
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People of Apron
10 people are tracked at Apron (1 in leadership, 9 in team); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Bogdan Uzbekov | Founder & CEO | Leadership |
Gavin Fell | Sales Leader | Team |
Andrei Belov | Machine Learning Lead | Team |
Salim Hamid | Technical Recruiting | Team |
Mohammed Niyas P | Senior Mlops Engineer | Team |
Gareth Pugh | Senior Account Executive | Team |
Iana Ulianenko | Machine Learning Engineer | Team |
Jaume Miró | Operations Lead | Team |
Holly Parker | People Ops | Team |
Julie Sims | People Lead | Team |
Complete people profiles for Apron
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Timeline of Apron
3 dated milestones of Apron across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Apron is founded.
- Funding First funding round of $5.5M.
- Funding Latest funding round, Series B, of $30.0M.
Competitors of Apron
Apron has 9 listed competitors in our database, 3 of them funded. They include Tipalti, Previse, Obillex, Sweep and Fawaterk, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| previse.co | 2016 | London, United Kingdom | $46.61M | 28 | Previse is focused on AI-driven financial transaction automation. | |
| obillex.com | 2010 | Birmingham, United Kingdom | $5.41M | 4 | SMEs are connected with non-bank investors for supply chain financing. | |
| getsweep.io | 2017 | London, United Kingdom | – | 5 | AI-based payment and accounting solutions are offered to small businesses. | |
| fawaterk.com | 2018 | Cairo, Egypt | – | – | Cloud-based end-to-end business management tools for e-tailers are offered. | |
| gogetpaid.co.uk | 2022 | Manchester, United Kingdom | – | – | App for creating payment requests and managing cashflow for small businesses. | |
| tryba.io | 2021 | Birmingham, United Kingdom | – | – | App-based solutions for secure payment acceptance tailored to freelancers. | |
| apmatching.com | 2013 | United Kingdom | – | – | Cloud-based solutions automate invoice processing and supplier reconciliation for businesses. | |
| paywithcrew.com | 2017 | Wakefield, United Kingdom | – | – | Contract management and payment solutions for small businesses are provided. |
Detailed competitors of Apron
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Web traffic of Apron
The website of Apron (getapron.com) receives about 61.4K visits a month.
- Monthly visits61.4K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Apron. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gocardless.com | 100% | 1.8M | #27,582 | View details | |
| fintech.global | 98% | 188.4K | #260,629 | View details | |
| telleroo.com | 70% | 31.1K | #989,453 | View details | |
| cardonemoney.com | 68% | – | #681,766 | View details | |
| oaknorth.co.uk | 68% | 136.3K | #305,519 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Apron
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- 10 similar websites
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Apron (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Apron
Complete news archive for Apron
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Frequently Asked Questions about Apron
Apron was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Apron is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Bogdan Uzbekov is the current CEO of Apron. They have also founded this company.
Apron is a funded company, having raised a total of $50.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Jun 2023.
Apron has 5 employees.
Apron Payments Ltd is focused on automating supplier payments, payroll, and expense management for businesses. Services are offered in the financial technology sector, including invoice capture, bill payments, and expense card issuance. Integration with accounting software like QuickBooks and Xero is supported for streamlined bookkeeping. Solutions are designed to save time on administrative tasks, ensuring cleaner financial records and efficient payment processes for businesses and accountants.
Apron offers Invoice Capture, Bill Pay, and Apron Card.
Apron has 5 investors. Key investors include Bessemer Venture Partners, Zinal Growth, Index Ventures, Tony Fadell, and Visionaries Club.
Apron operates through Apron Payments Ltd.