About Apron
Apron is a company based in London (United Kingdom) founded in 2022 by Bogdan Uzbekov. It operates as a SaaS (Software-as-a-Service) and FinTech. 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 as of December 31, 2022. Apron offers products and services including Invoice Capture, Bill Pay, and Apron Card. Apron operates in a competitive market with competitors including Tipalti, Previse, Obillex, Sweep and Fawaterk, among others.
- Headquarter London, United Kingdom
- Employees 5 as on 31 Dec, 2022
- Founders Bogdan Uzbekov
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Sectors
TechnologyFinancial Services
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Phone
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Website
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Social
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- Legal Name Apron Payments Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50.5 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series B
Sep 25, 2024
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Investors
Bessemer Venture Partners
& 4 more
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Employee Count
5
as on Dec 31, 2022
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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.
People of Apron
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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.
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.
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Tech investments are managed by Zinal Growth, a single-family office.
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Venture capital investments in technology startups and entrepreneurs.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for Apron
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Investments & Acquisitions by Apron
Investment portfolio details for Apron
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Financial Statements - Apron
Detailed financials for Apron
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Apron Comparisons
Peer comparison for Apron
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Competitors of Apron
Apron operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Previse, Obillex, Sweep and Fawaterk, among others.
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Previse is focused on AI-driven financial transaction automation.
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SMEs are connected with non-bank investors for supply chain financing.
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AI-based payment and accounting solutions are offered to small businesses.
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Cloud-based end-to-end business management tools for e-tailers are offered.
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Detailed competitors of Apron
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Latest news on 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.
As of Dec 31, 2022, the latest employee count at Apron is 5.
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.