AppZen raised $180 million in Series D funding led by Riverwood Capital, bringing the agentic AI finance platform’s total funding to $290 million as the company serves 500+ global enterprises including 65 Fortune 500 companies like Amazon, Salesforce, and JPMorgan Chase.

The San Jose-based company addresses a fundamental enterprise finance bottleneck: traditional back-office operations rely heavily on manual reviews and offshore processing because existing rule-based automation systems cannot handle the complexity of human finance work at enterprise scale.

Tabs has raised $55 million in Series B funding led by Lightspeed Venture Partners to scale its AI agents for finance automation, processing over $1 billion in annual invoice volume across 200+ enterprise customers. The financing addresses a critical bottleneck: 75% of accountants are nearing retirement while the number of new CPAs has dropped 30% in the past decade, even as revenue operations become increasingly complex with usage-based and hybrid pricing models.