When was ApprovalMax founded?

ApprovalMax was founded in 2014.

Where is ApprovalMax located?

ApprovalMax is headquartered in Rosenheim, Germany. It is registered at Eduard-Rüber-Str. 7 83022 Rosenheim.

How many employees does ApprovalMax have?

As of Jul 01, 2024, the latest employee count at ApprovalMax is 36.

Is ApprovalMax a funded company?

ApprovalMax is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does ApprovalMax rank among its competitors?

ApprovalMax ranks 83rd amongst 3930 active competitors, of which 313 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Gumloop, which secured $50M in Mar, 2026.

Who are the top competitors of ApprovalMax?

ApprovalMax's top competitors include Box, SumUp and Nomba. Among them, Gumloop secured the most recent funding round in March, 2026.

ApprovalMax - 2026 Company Profile, Team & Competitors

Company Details

Provider of accounts payable and receivable automation software for businesses. The platform offers automated workflows for approving bills, invoices, and other documents. It integrates with accounting platforms to streamline financial processes. The software provides tools for financial control, audit readiness, and fraud detection.

Website: approvalmax.com
Social
Email ID: *****@approvalmax.com
Registered Address: Eduard-Rüber-Str. 7 83022 Rosenheim

Key Metrics

Founded Year

2014

Location

Rosenheim, Germany

Stage

Unfunded

Ranked

83^rd among 3930 active competitors

Employee Count

36 as on Jul 01, 2024

Similar Companies

SumUp & 2623 more

View ApprovalMax's full profile

ApprovalMax is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ApprovalMax Germany GmbH CIN: HRB29023 , Germany, Active	Aug 09, 2020	-	-

ApprovalMax has not raised any funding rounds yet.

The founders of ApprovalMax is Konstantin Bredyuk.

Here are the details of ApprovalMax's key team members:

Konstantin Bredyuk: Co-Founder of ApprovalMax.
Contact Info: 3 email addresses

View details of ApprovalMax's Founder profiles and Board Members

ApprovalMax's employee count trend

ApprovalMax has 36 employees as of Jul 24. Here is ApprovalMax's employee count trend over the years:

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Top competitors of ApprovalMax include Box, SumUp and Nomba. Here is the list of Top 10 competitors of ApprovalMax, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, Andreessen Horowitz & 38 others	82/100
2nd	SumUp 2012, London (United Kingdom), Series E	Provider of payment solutions, point of sale systems, and financial tools	$997M	Bain Capital, Sixth Street & 49 others	81/100
3rd	Nomba 2016, Lagos (Nigeria), Series B	App-based payment acceptance solutions for SMBs	$42.7M	Y Combinator, Khosla Ventures & 11 others	74/100
4th	Moveworks 2016, Mountain View (United States), Acquired	Developer of an AI assistant platform for enterprise workflow automation	$315M	Sapphire Ventures, Tiger Global Management ... & 12 others	73/100
5th	Billtrust 2001, Hamilton Township (United States), Acquired	Invoice and payment management solutions for small businesses	$105M	Riverwood Capital, Stock Capital Banker & 7 others	72/100
6th	Zapier 2011, San Francisco (United States), Seed	Provider of a platform for automating workflows and integrating applications	$2.68M	Zillionize, Y Combinator & 8 others	67/100
7th	Gumloop 2023, San Francisco (United States), Series B	AI-powered platform for building and hosting LLM powered automations	$70.6M	Nexus Venture Partners, Benchmark & 19 others	67/100
8th	Workato 2013, Mountain View (United States), Series E	AI powered automation and iPaaS solutions for enterprises	$421M	Storm Ventures, Battery Ventures & 10 others	65/100
9th	Cerillion 1999, London (United Kingdom), Public	Cloud-based billing and customer management solutions for businesses	$9M	Origin Capital, Draper Esprit & 3 others	64/100
10th	DadeSystems 2011, Miami (United States), Acquired	Account receivable payment automation solution.	$11M	Napier Park Global Capital, Wells Fargo & 3 others	64/100
83rd	ApprovalMax 2014, Rosenheim (Germany), Unfunded	Provider of accounts payable and receivable automation software for businesses	-	-	52/100