United States · Series D startup

Who invested in AppZen

6 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIFintechSaaS

Valuation: $500M, Oct 2024

Funding summaryUpdated 15 Nov 2026

$281Mraised across 6 rounds since 2014, from 6 sources

$180MSeries D
Latest round
Series D, $180MSept 2025
Led by
Riverwood Capital
Step-upi
3.6×
Investors
10 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20162018202020222024
$100KSeed$2.9MSeed$13MSeries A$35MSeries B$50MSeries C$180MSeries D
First round
Seed, $100K
Nov 2014
Biggest round
$180M
Series D · Sept 2025
Usual gap between rounds
16 months
the median of 5

The rounds

  1. Sept 2025
  2. Sept 2019
    Series C$50M3 new

    Reported by FinSMEsSEC filing: $50M sold, first sale Mar 2019

  3. Oct 2018
    Series B$35M2 new
    • Lightspeed Venture Partners/ Redpoint
    • Resolute

    Reported by FinSMEsSEC filing: $35M sold, first sale Jul 2018

  4. Nov 2017
    Series A$13M1 new
    • Redpoint Ventures/ Resolute

    Reported by FinSMEsSEC filing: $13M sold, first sale Oct 2017

  5. Jun 2016
    Seed$2.9M1 new

    Reported by FinSMEsSEC filing: $2.9M sold, first sale Apr 2016

  6. Nov 2014
    Seed$100K2 new

    From a historical funding record

Funding filed with regulators

AppZen filed 5 raises, $102M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Mar 2019$50M8 investorsequitySEC Form D
  2. Jul 2018$35M11 investorsequityof $35M offeredSEC Form D
  3. Oct 2017$13M3 investorsequitySEC Form D
  4. Jan 2017$1.6M3 investorsequityof $1.7M offeredSEC Form D
  5. Apr 2016$2.9M27 investorsequitySEC Form D

Founders and team

From AppZen's own website and the SEC filings it signed: 2 founders, 5 on the team.

Anant KaleCo-Founder & CEONamed on its 2019 Form D
Kunal VermaCo-Founder & CTONamed on its 2019 Form D
  • Gaurav AgrawalCFO
  • Matt WrightChief Customer Officer
  • Yoona WongVP People & Culture
  • Matt ZelenExecutive Officeri
  • Naresh BansalExecutive Officeri

On the board, as filediAlex BardArif Janmohamed

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2014Seed2016Series A2017Series B2018Series C2019Series D2025CoatueL500 GlobalLightspeed Venture PartnersRedpointRiverwood CapitalLFundersClubResolute VenturesLightspeed Venture Partners/ RedpointRedpoint Ventures/ ResoluteResolute

Everyone who backed them

CoatueVC firm2rounds, led 1
500 GlobalAngel2rounds
RedpointVC firm2rounds
Riverwood CapitalVC firm1round, led 1
FundersClubVC firm1round
Resolute VenturesVC firm1round
Lightspeed Venture Partners/ Redpointno record of our own yet1round
Redpoint Ventures/ Resoluteno record of our own yet1round
Resoluteno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists AppZen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Geodesic CapitalVC firmPer its own site

Quick answers about AppZen

Who invested in AppZen?

AppZen's investors include Coatue, 500 Global, Lightspeed Venture Partners, Redpoint and Riverwood Capital, and 5 more on record. Riverwood Capital led its latest round.

How much has AppZen raised?

AppZen has raised $281M across 6 rounds since 2014.

When did AppZen last raise?

AppZen's most recent round was a Series D of $180M in Sept 2025, led by Riverwood Capital.

What was AppZen's biggest round?

Its most recent round, $180M in Sept 2025, is also its largest on record.

Who backed AppZen first?

AppZen's first round on record, in Nov 2014, was backed by 500 Global and FundersClub.

What stage is AppZen at?

AppZen's latest named round is a Series D, in Sept 2025.

Where is AppZen based?

AppZen is based in the United States.

Who led AppZen's rounds?

Coatue led the Series C in 2019; Riverwood Capital led the Series D in 2025.

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