What is Gappify?
Founded in 2016, Gappify provides sophisticated, cloud-native accrual automation solutions specifically engineered for mid-market and enterprise-level accounting departments. By automating complex, manual financial processes, the platform enables organizations to improve accuracy, reduce month-end close cycles, and enhance overall financial visibility. In an era where digital transformation is paramount for corporate finance, Gappify serves as a vital bridge between legacy accounting practices and modern, data-driven financial management. Its market position is defined by its ability to integrate seamlessly into existing enterprise resource planning environments, thereby delivering immediate value to high-volume accounting teams.
How much funding has Gappify raised?
Gappify has raised a total of $16.2M across 3 funding rounds:
Angel/Seed
$185K
Series A
$6M
Series B
$10M
Angel/Seed (2020): $185K with participation from Founders AI
Series A (2021): $6M led by Rally Ventures
Series B (2023): $10M supported by Stage 2 Capital, FINTOP Capital, and Rally Ventures
Key Investors in Gappify
Stage 2 Capital
Stage 2 Capital is a venture capital fund led by over 800 go-to-market experts, focusing on investing in B2B software companies across various sectors including Fintech, Artificial Intelligence, and Marketplaces.
FINTOP Capital
FINTOP is a venture capital firm specializing in fintech, founded by experienced entrepreneurs and operators in the industry who leverage a combined asset base of $1.3 trillion.
Rally Ventures
Rally Ventures is focused on investing in early-stage business technology companies, particularly in sectors such as AI/ML, cybersecurity, fintech, and SaaS+.
What's next for Gappify?
With the infusion of this latest capital, Gappify is well-positioned to accelerate its product development roadmap and expand its market reach. The strategic focus will likely center on deepening its AI-driven automation capabilities and scaling its go-to-market operations to capture a larger share of the enterprise accounting software market. As the demand for automated financial workflows continues to rise, Gappify's ability to leverage its recent investment will be instrumental in maintaining its competitive edge. The company is expected to prioritize talent acquisition and infrastructure enhancements to support its growing global client base, ensuring that its platform remains the standard for efficient, scalable accrual management.
See full Gappify company page
