Zamp
Building at the intersection of global and local banking ,helping businesses innovate and be at the forefront of consumer demand.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $25.0m Valuation: $160m | Early VC | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Zamp is a financial technology company developing an AI-driven platform to automate and streamline complex financial and operational workflows for businesses. Founded in 2022 by Amit Jain, the company positions itself as a modern business banking and treasury management solution for enterprises. Jain, who serves as CEO, previously held prominent roles including Managing Director at Sequoia Capital and Head of Asia Pacific at Uber, bringing a wealth of experience from the venture capital and technology sectors to his new venture.
The company's core offering consists of AI agents designed to manage mission-critical finance operations, such as order-to-cash, procure-to-pay, accounting, and financial reporting. By integrating with a client's existing systems, Zamp's platform consolidates data to automate processes, aiming to reduce manual work and the need for fragmented software tools. The platform is built to handle significant scale, processing billions of data rows for its customers, while ensuring security and explainability through detailed auditing and logging for every action taken by the AI. The business model targets enterprises, including Fortune 500 companies and global banks, that grapple with operational complexity across multiple geographies and business units.
Zamp's platform provides a unified data environment where AI agents can autonomously execute complex workflows, allowing finance teams to focus on strategic initiatives rather than routine operational tasks. The system is engineered to deliver real-time analytics and customizable dashboards, providing insights into key metrics like cash flow and transaction data. The company secured approximately $25 million in a 2022 funding round led by Sequoia Capital, with participation from notable angel investors including the CEOs of Uber, Doordash, and the founder of Polygon, valuing the startup at nearly $160 million at the time.
Keywords: financial automation, AI finance agents, business banking platform, treasury management, finance operations, procure-to-pay automation, order-to-cash automation, AI in finance, enterprise finance software, operational workflow automation, fintech AI, corporate treasury solutions, automated accounting, financial reporting AI, Amit Jain, Sequoia Capital portfolio, cross-border payments, banking operations automation, financial data consolidation, enterprise AI