Aavenir, a San Francisco, CA-based AI-enabled Source-to-Pay solution provider, raised $6m in Series A funding.
The round was led by Accel, with participation from ScOp Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Jesal Mehta, Founder, and CEO, Aavenir helps enterprise teams to collaborate, streamline, and automate workflow for sourcing, vendor onboarding, contract lifecycle management, procurement, obligation management, & accounts payable invoice automation – all on workflow platform ServiceNow. Its AI-enabled Source-to-Pay solution portfolio includes applications for Vendor Onboarding, RFP Management, Contract Lifecycle & Obligation Management, Accounts Payable Automation.
FinSMEs
22/03/2022