When was OpenEnvoy founded?

OpenEnvoy was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is OpenEnvoy located?

OpenEnvoy is headquartered in Las Vegas, United States.

Who is the current CEO of OpenEnvoy?

Matthew Tillman of OpenEnvoy. They have also founded 1 company.

How many employees does OpenEnvoy have?

As of Mar 31, 2026, the latest employee count at OpenEnvoy is 62.

Is OpenEnvoy a funded company?

OpenEnvoy is a funded company, having raised a total of $21.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 13, 2021.

When was the latest funding round of OpenEnvoy?

OpenEnvoy's latest funding was a $***** Series A round on May 03, 2023, with participation from 5 investors. Its primary sector is RegTech. In United States, the RegTech sector has seen $333M in funding in 2026 to date.

Where does OpenEnvoy rank among its competitors?

OpenEnvoy ranks 31st amongst 1171 active competitors, of which 140 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Avalara, which secured $500M in Nov, 2025.

Who are the top competitors of OpenEnvoy?

OpenEnvoy's top competitors include Avalara, Behavox and Unifiedpost Group. Among them, Avalara secured the most recent funding round in November, 2025.

OpenEnvoy - 2026 Company Profile, Team, Funding & Competitors

OpenEnvoy is a series A company based in Las Vegas (United States), founded in 2020 by Parker Moore and Matthew Tillman. It operates as a Provider of accounts payable and accounts receivable automation software solutions. OpenEnvoy has raised $21.5M in funding from RRE Ventures and Riot. The company has 1171 active competitors, including 140 funded and 91 that have exited. Its top competitors include companies like Avalara, Behavox and Unifiedpost Group.

Company Details

Provider of accounts payable and accounts receivable automation software solutions. The software captures, codes, and matches invoices in real time. It automates cash application, order entry, and reconciliation. The platform connects to systems for workflow automation. It offers features such as fraud detection, compliance control, and supplier visibility. The software is designed for finance, procurement, and IT roles across various industries.

Website: www.openenvoy.com/
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Key Metrics

Founded Year

2020

Location

Las Vegas, United States

Stage

Series A

Total Funding

$21.5M in 2 rounds

Latest Funding Round

Series A, May 03, 2023, $*****

Investors

RRE Ventures & 12 more

Ranked

31^st among 1171 active competitors

Employee Count

62 as on Mar 31, 2026

Similar Companies

Avalara & 1348 more

View OpenEnvoy's full profile

OpenEnvoy has raised a total funding of $21.5M over 2 rounds. Its first funding round was on Apr 13, 2021. Its latest funding round was a Series A round on May 03, 2023 for $*****. 5 investors participated in its latest round. OpenEnvoy has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of OpenEnvoy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 03, 2023	3762566	Series A	7349830	4213251	8100534	7615968
Apr 13, 2021	5546035	Seed	8134681	5984481	Riot	RRE Ventures & 7 more

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View details of OpenEnvoy's funding rounds and investors

The founders of OpenEnvoy are Parker Moore and Matthew Tillman. Matthew Tillman is the CEO of OpenEnvoy.

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

Parker Moore: Co-Founder, Head of Product and Design of OpenEnvoy.
Matthew Tillman: Co-Founder & CEO of OpenEnvoy and founder of 1 other company.
Contact Info: 1 email address

View details of OpenEnvoy's Founder profiles and Board Members

OpenEnvoy's employee count trend

OpenEnvoy has 62 employees as of Mar 26. Here is OpenEnvoy's employee count trend over the years:

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Top competitors of OpenEnvoy include Avalara, Behavox and Unifiedpost Group. Here is the list of Top 10 competitors of OpenEnvoy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Avalara 2004, Seattle (United States), Acquired	Provider of cloud-based solutions for tax compliance and related services	$343M	Sageview Capital, Battery Ventures & 17 others	81/100
2nd	Behavox 2014, London (United Kingdom), Series B	Provider of AI-driven platform for regulatory compliance and risk management	$168M	SoftBank Vision Fund, Citi & 30 others	71/100
3rd	Unifiedpost Group 2001, La Hulpe (Belgium), Public	Provider of digital solutions for automating financial processes and tax compliance	$59.7M	SmartFin, PE Group & 6 others	66/100
4th	Vertex 1978, King Of Prussia (United States), Public	Provider of tax technology software and solutions for global businesses	-	HTIF, Marc Bell Capital	65/100
5th	Syndio 2009, Seattle (United States), Acquired	Provider of compensation decision intelligence platform for pay equity and compliance	$83M	Emerson Collective, Bessemer Venture Partners ... & 15 others	65/100
6th	Anrok 2020, San Francisco (United States), Series C	Provider of automated sales tax compliance software for modern commerce	$109M	Index Ventures, Sequoia Capital & 11 others	64/100
7th	Secureframe 2020, San Francisco (United States), Series B	Cloud-based compliance management solution provider	$79M	Kleiner Perkins, Gradient Ventures & 38 others	64/100
8th	Way2Vat 2015, Tel Aviv (Israel), Public	Provider of automated VAT and GST reclaim and compliance solutions	$5M	Poalim Capital Markets, Moneta & 8 others	64/100
9th	Thoropass 2019, New York City (United States), Series C	Platform offering integrated compliance management solutions	$98M	Fin Capital, Canapi Ventures & 14 others	63/100
10th	Hyperproof 2018, Bellevue (United States), Series B	Integrated compliance management software	$66.5M	Toba Capital, Riverwood Capital & 2 others	63/100
31st	OpenEnvoy 2020, Las Vegas (United States), Series A	Provider of accounts payable and accounts receivable automation software solutions	$21.5M	Uncorrelated Ventures, RRE Ventures & 11 others	55/100