Approveit, a San Francisco, CA-based operations and automation platform, has secured $1 million in funding. 

Investors 

The investment was from investors including 10vc, Verras Capital, and Telegraph Hill Capital, among others. 

Approveit Use of Funds 

The company will use the new funding to attract clients, enhance its technology platform, and work towards achieving $1 million in annual recurring revenue (ARR) by March 2025. 

About Approveit 

Approveit offers an operations and automation platform that empowers businesses to streamline and control various processes, such as financial approvals, auditing, and reporting. The platform uses AI-driven workflows to automate routine tasks, ensuring consistency and accuracy across departments. It integrates with a company's existing communication tools, such as messengers and task managers, to provide transparency, reduce approval times, and enhance decision-making. Approveit’s mission is to help businesses thrive, making workflow automation accessible for companies of all sizes. 

Funding Details 

Company: Approveit, Inc. 

Raised: $1.0M 

Round: Unknown 

Funding Date: September 2024 

Investors: 10vc, Verras Capital, and Telegraph Hill Capital 

Company Website: https://approveit.today/  

Software Category: Business Process Management

Source: https://tech.eu/2024/09/02/approveit-raises-1m-for-payments-software/