How Much Did Gappify Raise?
Funding & Key Investors

Gappify, a prominent player in the cloud-based accrual automation sector, has successfully secured a total funding amount of $16.2M to accelerate its market expansion. This latest capital injection, characterized as a major strategic investment of $10M, underscores the company's robust trajectory within the enterprise accounting software landscape. By streamlining complex financial workflows for mid-market and enterprise-level organizations, Gappify continues to solidify its position as a critical infrastructure provider for modern finance teams.

The company's funding journey reflects a disciplined approach to scaling, moving from its initial seed round in 2020 to a significant Series B milestone in 2023. This progression highlights investor confidence in Gappify's ability to solve persistent pain points in the accounting cycle through sophisticated, automated technology.

What is Gappify?

Gappify
SoftwareFinancial Software

Founded in 2016 and headquartered in Oakland, California, Gappify provides specialized accrual automation solutions designed to enhance the efficiency and accuracy of enterprise accounting departments. By leveraging cloud-native architecture, the platform addresses the manual, error-prone nature of traditional accrual processes, allowing finance teams to focus on higher-value strategic analysis. With additional operational footprints in New York City and Manila, the company is well-positioned to support global enterprise clients. Gappify's market position is defined by its focus on B2B SaaS excellence, providing a scalable bridge between disparate financial data sources and the rigorous reporting requirements of large-scale corporate entities.

How much funding has Gappify raised?

Gappify has raised a total of $16.2M across 3 funding rounds:

2020

Angel/Seed

$185K

2021

Series A

$6M

2023

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 Rally Ventures, FINTOP Capital, and Stage 2 Capital

Key Investors in Gappify

Rally Ventures

Rally Ventures is a venture firm focused on early-stage business technology, specifically targeting AI, cybersecurity, and SaaS+ sectors to drive innovation in the B2B landscape.

FINTOP Capital

FINTOP Capital is a specialized venture firm led by industry operators that focuses on B2B fintech, leveraging a vast network of strategic limited partners to support portfolio growth.

Stage 2 Capital

Stage 2 Capital is a venture fund backed by hundreds of go-to-market experts, utilizing data-driven frameworks to help B2B software companies scale their revenue and achieve product-market fit.

What's next for Gappify?

With the recent infusion of capital, Gappify is poised to deepen its product capabilities and expand its reach within the competitive fintech ecosystem. The strategic backing from specialized venture firms suggests a focus on scaling go-to-market operations and enhancing the platform's AI-driven automation features. As the company matures, the emphasis will likely shift toward increasing market penetration among Fortune 500 clients and further integrating its solutions into the broader enterprise resource planning (ERP) stack. By maintaining its commitment to operational rigor and technological innovation, Gappify is well-positioned to define the next generation of automated financial management.

See full Gappify company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Healthcare SoftwareSoftwareEducationTraining
Engineering SoftwareSoftware
Financial SoftwareSoftware
Business Intelligence (BI) SoftwareSoftware

Frequently Asked Questions Regarding Gappify Financial Insights

What are the most recent funding rounds that Gappify has completed, and what were the funding rounds?
Gappify has recently completed 3 funding rounds: Series B on May 1, 2023, Series A on Dec 14, 2021, Angel/Seed on Aug 7, 2020.
What is the total amount of funding Gappify has raised to date?
Gappify has raised a total of $16.2M in funding to date.
How many funding rounds has Gappify completed?
Gappify has completed 3 funding rounds.
How much funding did Gappify raise in its most recent funding round?
Gappify raised $10M in its most recent funding round.
Who are the lead investors in Gappify's latest funding round?
The lead investor in Gappify's latest funding round was Rally Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gappify's history?
The largest funding round in Gappify's history was $10M.
See more information about Gappify