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OpenEnvoy automates invoice audits and helps businesses identify discrepancies and supplier fraud.
Founded in 2020, OpenEnvoy develops software that compares invoices with contracts, flags discrepancies, and provides supplier scorecards. The company was co-founded by Matthew Tillman and Parker Moore. In May 2023, it raised USD 15 million in Series A funding led by RRE Ventures, with Coelius Capital, Hack VC, Riot Ventures, and Uncorrelated Ventures participating.
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