AppZen uses artificial intelligence (AI) to automate the auditing process of a company’s overall
spend. Leveraging patented AI technology, AppZen uses computer vision, deep learning, and
natural language processing to automatically read and audit expense reports, receipts, invoices
and contracts while cross-checking that information against hundreds of online data sources.
This enables Accounts Payable and T&E teams to detect fraud, compliance issues, and pricing
violations within minutes of an expense report or invoice submission.
The company was founded in 2012 and today works with more than 25 Fortune 1000 companies. AppZen is based in San Jose, California, with an additional office in Chandler, Arizona.
Anant founded AppZen in 2012 to bring AI into back offices around the world. He’s responsible for the product vision and execution of the company’s broad mission. Previously he was the VP of Applications at Fujitsu America from 2009-2012, responsible for product management, and delivery of Fujitsu’s applications and infrastructure for enterprise. He has 15+ years of experience in software development. He has an MBA and a BS in Finance and Engineering from Mumbai University.
As CTO, Kunal is responsible for product development and engineering, technology architecture, and developing the IP for AppZen’s AI technologies. Prior to AppZen he was a Research Lead at Accenture Tech Labs, leading global R&D teams of engineers; he developed tools used at hundreds of Fortune 500 companies. He earned his BE from Mumbai University in Electronics and Telecom, and his Ph.D. in Computer Science from Georgia University with a focus on semantic technologies.
Arif is a Partner at Lightspeed, which he joined in 2008 to focus on investments in the areas of Enterprise Cloud, SaaS and Datacenter technologies. He's been involved in several successful exits with Lightspeed including Nutanix (NTNX) and Edgespring (acquired by Salesforce). Prior to Lightspeed, he worked in the Corporate Business Development Group at Cisco. Arif started his career as an engineer.
Alex is a career tech entrepreneur, executive, and angel investor. In 1996, he co-founded eShare technologies, a web-based customer support platform acquired in 1999. Alex then co-founded eAssist Global Solutions, a CRM for support acquired in 2004. Alex went on to next co-found Goowy Media, a distribution and analytics platform, backed by Mark Cuban and acquired by AOL in 2008. After 2 years at AOL, Alex co-founded Assistly (now Desk.com).