About Apruve
Apruve is a Technology company based in Minneapolis (United States) founded in 2013, and was acquired by TreviPay in December 2022. It operates as a b2B accounts receivable payments are facilitated through online automation. Apruve has raised $9.23 million across 3 funding rounds from investors including TreviPay, Cloud Apps Capital Partners and TTV Capital. The company has 23 employees. Apruve offers products and services including B2B Invoicing Automation and A/R Automation. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Quote to Cash. Its legal entity is APRUVE, INC. Its competitors include InDebted, CredFlow, Satago, Sidetrade and PAIR Finance and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Founded in 2013 and based in Minneapolis, United States, operations in the fintech sector are centered on accounts receivable solutions. Offline invoicing and purchase order processes are digitized to support the B2B payments ecosystem. Purchase order automation and requisition approvals are enabled online, while recurring subscription dashboards and turnkey receivables financing are provided. All major payment modes are integrated across the platform.
- Headquarters Minneapolis, United States
- Employees 23
- SectorsTechnology
- Email••••••••
- Website apruve.com
- Social LinkedIn X
- Acquired by TreviPay (Dec 2022)
- Legal Name Apruve, Inc.
Products & Services of Apruve
Apruve offers a comprehensive portfolio of products and services, including B2B Invoicing Automation and A/R Automation.
Automates high-volume B2B invoicing and trade credit processes.
Provides guaranteed next-day financing for open invoices.
Funding Insights of Apruve
Apruve has successfully raised a total of $9.23M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in January 2019. 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 $9.23M
- Total Rounds 3
- Last Round Series A — $6M
- First Round $125,000
(Jan 2014)
- Investors Count 3
All 3 funding rounds of Apruve 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 |
|---|---|---|---|---|---|
| Jan 2019 | $6M | Series A | – | Cloud Apps Capital Partners | |
| Jun 2016 | $3.11M | Series A | – | TTV Capital | |
| Jan 2014 | $125,000 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Apruve
Apruve has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include TreviPay, Cloud Apps Capital Partners and TTV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support is offered to entrepreneurs in cloud business applications. | – | cloudappscapital.com | - | |
Investments are made by TTV Capital in early-stage fintech companies. | – | ttvcapital.com | Atlanta, United States | |
Cybersecurity investments are made in US seed-to-growth stage firms. | – | allegiscyber.com | Palo Alto, United States | |
B2B payment and credit solutions for e-commerce transactions are managed. | 1978 | trevipay.com | Overland Park, United States |
Investor details for Apruve
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People of Apruve
1 people are tracked at Apruve (1 in team); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Heather Noble | Project Manager | Team |
Complete people profiles for Apruve
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Timeline of Apruve
4 dated milestones of Apruve across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Apruve is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Series A, of $6.0M.
- Exit Acquired by TreviPay.
Competitors of Apruve
Apruve has 10 listed competitors in our database, 8 of them funded. They include InDebted, CredFlow, Satago, Sidetrade and PAIR Finance, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indebted.co | 2015 | Pyrmont, Australia | $91.79M | – | Cloud-based debt collection solutions are offered to businesses. | |
| credflow.in | 2019 | Noida, India | $12.91M | 117 | Cashflow management platform is offered to small and medium enterprises. | |
| satago.com | 2012 | London, United Kingdom | $33.38M | 39 | Provider of a risk management platform for businesses | |
| sidetrade.com | 2000 | Boulogne, Argentina | – | – | AI-enabled accounts receivable solutions are provided for businesses. | |
| pairfinance.com | 2016 | Berlin, Germany | $7.54M | 68 | Data-based receivable management system | |
| slope.finance | 2021 | Mountain View, United States | $10.3M | – | Decentralized cryptocurrency exchange and wallet services are provided by Slope. | |
| tdxgroup.com | 2004 | Nottingham, United Kingdom | $99.13M | 237 | Data-driven debt management solutions are offered for multiple industries. | |
| gappify.com | 2016 | San Francisco, United States | $16.85M | 20 | Cloud-based vendor accrual automation is provided for businesses. | |
| colektia.com | 2018 | Providencia, Chile | $9M | – | AI-based software is utilized for debt collection and credit management. | |
| acuservecorp.com | 1993 | Akron, United States | – | 182 | Billing and collection management platform for businesses |
Detailed competitors of Apruve
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- Full competitor set
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Web traffic of Apruve
The website of Apruve (apruve.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 20.1% vs previous month
Websites whose visitors overlap most with Apruve. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| businessnewsdaily.com | 100% | 339K | #176,370 | View details | |
e2banytime.com | e2banytime.com | 87% | – | – | – |
ecommerceandb2b.com | ecommerceandb2b.com | 74% | – | – | – |
socialmediab2b.com | socialmediab2b.com | 61% | – | – | – |
| marketingprofs.com | 55% | – | #333,128 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Apruve
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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 Apruve (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 | 2,360 | |
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 5.06 B | – | – | |
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 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
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 | – | – |
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Related news about Apruve
Complete news archive for Apruve
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Frequently Asked Questions about Apruve
Apruve was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Apruve is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Apruve is a funded company, having raised a total of $9.23M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jan 2014.
Apruve has 23 employees.
Founded in 2013 and based in Minneapolis, United States, operations in the fintech sector are centered on accounts receivable solutions. Offline invoicing and purchase order processes are digitized to support the B2B payments ecosystem. Purchase order automation and requisition approvals are enabled online, while recurring subscription dashboards and turnkey receivables financing are provided. All major payment modes are integrated across the platform.
Apruve's top competitors include InDebted, CredFlow and PAIR Finance.
Apruve offers B2B Invoicing Automation and A/R Automation.
Apruve has 4 investors. Key investors include TreviPay, Cloud Apps Capital Partners, TTV Capital, and AllegisCyber Capital.
Apruve operates through Apruve, Inc..
Yes. Apruve was acquired by TreviPay in December 2022.