Gappify, Inc. (“Gappify”), a provider of next generation automation solutions for mid-market and enterprise accounting teams, today announced that it has raised $6M in Series A financing. The oversubscribed round was led by Rally Ventures, whose early investments include top B2B enterprise solutions such as Coupa. As part of the transaction, Rally Ventures’ Mike Jennings will join Gappify’s Board of Directors.
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Gappify, whose leadership team consists of former accountants, will use the Series A financing to build new products and evolve its digital worker automation suite to support the accounting close process. The funding will also be used to expand its sales and marketing growth.
“Gappify is proud to support the growing number of corporate accountants seeking to modernize their technology stack,” said Jotham Ty, CEO and founder of Gappify. “Empowering accountants with robust automation solutions such as Gappify’s Accrual Cloud will allow the controllership function to close their books efficiently, while at the same time mitigating financial statement risk and strengthening their internal control environment.”