About Lentune
Lentune is a company based in Christchurch (New Zealand) founded in 1998 by Matthew Reid.. Lentune offers products and services including Invoice Automation, Purchase Orders, Progress Claims, Project Cost Management, and Expense Claims. Lentune operates in a competitive market with competitors including Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
- Headquarter Christchurch, New Zealand
- Founders Matthew Reid
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Lentune Limited
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Annual Revenue
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Products & Services of Lentune
Lentune offers a comprehensive portfolio of products and services, including Invoice Automation, Purchase Orders, Progress Claims, Project Cost Management, and Expense Claims. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates invoice processing to streamline approvals and reduce errors.
Manages purchase orders with real-time tracking and accuracy checks.
Handles progress claims to improve accuracy and team visibility.
Provides real-time insights for better margin control and decisions.
Digitizes expense tracking for quick reconciliation and processing.
Enables mobile timesheet submission for real-time labor cost tracking.
Funding Insights of Lentune
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lentune
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lentune
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lentune Comparisons
Competitors of Lentune
Lentune 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, Sage Group, Coupa, MineralTree and Airbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lentune
When was Lentune founded?
Lentune was founded in 1998.
Where is Lentune located?
Lentune is headquartered in Christchurch, New Zealand.
Who is the current CEO of Lentune?
Jono Bonifant is the current CEO of Lentune.
What does Lentune do?
Lentune was founded in 1998 in Christchurch, New Zealand, as a SaaS provider in the financial technology sector. Accounts payable invoices and expenses are handled through the platform, with features for automation and integration into business workflows. Operations focus on streamlining procurement and payment processes for small to medium enterprises across various industries. The company is led by founder Matthew Reid and CEO Jono Bonifant.
Who are the top competitors of Lentune?
Lentune's top competitors include Coupa, Sage Group and Airbase.
What products or services does Lentune offer?
Lentune offers Invoice Automation, Purchase Orders, Progress Claims, Project Cost Management, and 2 more products and services.