Endiya Partners leads round to scale AI-powered finance operations platform
AI fintech startup OpenCFO has raised $2 million (approximately Rs 16.5 crore) in its first institutional funding round led by Endiya Partners. The round also saw participation from angel investors based in the United States and India. The investment will help the company expand its AI-driven financial operations platform designed for mid-market enterprises managing complex global finance workflows.
Capital to expand engineering team and accelerate AI automation development
The fresh capital will be used to strengthen OpenCFO’s engineering team, accelerate development of automation agents for financial workflows, and scale customer acquisition. The startup plans to expand its presence across key global markets including the United States, India, the United Kingdom, the European Union, and Canada.
Founders building AI-native financial operations platform
Founded by Prudhvi Rao Shedimbi and Sankalp Singayapally, OpenCFO is developing an AI-native platform that integrates accounts payable, accounts receivable, and treasury management workflows into a unified system. The platform connects enterprise resource planning systems, banking platforms, and payment infrastructure to automate financial processes.
Automating global finance operations for mid-market enterprises
OpenCFO’s system enables automation of tasks such as invoice processing, reconciliation, cross-border payments, and treasury management. Early pilots suggest the platform can reduce foreign exchange costs and improve settlement times for international transactions. Operating across the United States and India, the startup focuses on mid-market companies managing cross-border financial operations.
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