FundedIQ
Financial Services

Approveit: Funding, Investors & Team (Aug 2026)

Approveit utilizes artificial intelligence to streamline vendor management and bill approval processes for finance teams.

approveit.today LinkedIn San Francisco, United States 11-50 employees
Total raised
$1.0M
Rounds
2
Latest
Seed
Sep 2024

Approveit has raised $1.0M across 2 funding rounds on record, the most recent a Seed of $1.0M announced in Sep 2024.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Approveit Company Profile and Key Stats

Total funding raised
$1.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Seed
$1.0M in Sep 2024
Employees
11-50
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Sep 2024.

Approveit Funding Rounds

Date
Round
Amount
Seed
$1.0M
Pre-Seed
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Approveit announced a Pre-Seed in Sep 2023; the amount was not disclosed.

1 years later, a Seed of $1.0M was announced in Sep 2024.

Approveit Founders and Leadership Team

Name
Role
Contact
Dmitry Matveev
Founder
Locked
Serge Gusev
CEO
Locked

Contact details for the Approveit team: 2 of 2 have an email address on file.

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Approveit Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Approveit's latest round of $1.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Approveit Funding FAQs

What does Approveit do?

Approveit utilizes artificial intelligence to streamline vendor management and bill approval processes for finance teams.

How much funding has Approveit raised?

Approveit has raised $1.0M across 2 rounds on record. The most recent is a Seed of $1.0M announced in Sep 2024.

When did Approveit last raise funding?

Approveit's most recent funding round on record is a Seed of $1.0M, announced in Sep 2024.

Who founded Approveit?

FundedIQ lists Dmitry Matveev (Founder) at Approveit.

Who is the CEO of Approveit?

Serge Gusev is listed as CEO at Approveit.

Where is Approveit headquartered?

Approveit is based in San Francisco, California, United States.

How many employees does Approveit have?

Approveit is in the 11-50 employee band.

How does Approveit's funding compare to other Financial Services startups?

Approveit's latest round of $1.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Approveit Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Approveit is left off this page rather than filled in.

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