OpenCFO, an AI-native fintech startup, has raised $2 million (about ₹18 crore) in a funding round led by Endiya Partners, with participation from angel investors in India and the US. The capital will be directed toward accelerating product development and expanding the company’s presence in key global markets.
Product and technology
Founded in December 2025 by Prudhvi Rao Shedimbi and Sankalp Singayapally, OpenCFO is developing a unified financial operations platform targeted at mid-market companies operating across multiple countries. The platform consolidates core finance functions—accounts payable, accounts receivable and treasury—into a single, AI-driven system.
By integrating with enterprise resource planning (ERP) systems, banking rails and payment platforms, OpenCFO automates routine finance workflows such as invoice processing, reconciliation, treasury management and cross-border payments. The product leverages AI agents to execute repetitive tasks and surface real‑time insights, aiming to reduce manual effort, lower operational errors and improve visibility for finance teams.
Use of funds and market expansion
OpenCFO said the fresh funding will be used to strengthen engineering and product teams in India and the United States and to accelerate development of advanced automation capabilities that can handle more complex financial workflows.
The startup also plans to scale its commercial footprint across the United States, the United Kingdom, the European Union, Canada and India—markets with substantial numbers of mid-sized companies conducting cross-border transactions and seeking automation in finance operations.
Context
The investment reflects growing investor interest in AI-powered financial tools that help organisations simplify and automate complex finance operations. As companies increasingly seek to modernise back‑office functions, vendors that combine ERP connectivity, banking integrations and AI automation are attracting capital to build out capabilities for global finance teams.
