Last updated 2026-07-21
- Acquired by Tipalti for $40M, Apr 2021
Total raised
—
Last: Undisclosed Round 2020-08
Stage
Acquired
Founded
2018
Headcount
1-10
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software
About
Approve.com is an Israeli procurement automation platform that provides a cloud-based SaaS product to help enterprise companies manage purchasing workflows and control overall spending. The platform allows users to create custom approval workflows, and its dashboard displays requests, orders, and vendor onboarding. It aims to reduce the disarray of ad-hoc emails and spreadsheets in the procurement process and integrates with existing ERP solutions to sync up-to-date budgets. Approve also offers a searchable vendor database.
Headcount over time
19 employees (2026-09) · 1 point
Offices
Tel Aviv-Yafo, Israel · HQ / main office
Show all offices (2 more)
- San Mateo, United States
- New York, United States
Q&A
- What is Approve's primary business?
- Approve.com offers an Enterprise Procurement SaaS platform designed to streamline purchasing workflows, manage vendor interactions, and provide insights into company spending.
- When was Approve founded?
- Approve was founded in November 2018.
- What is Approve's current status?
- Approve is currently active, but its status reason indicates it was acquired by Tipalti in April 2021.
- What was Approve's total funding raised?
- Approve raised a total of $5,570,000 USD.
- When was Approve's last funding round and who were the lead investors?
- Approve's last funding round was in August 2020, with Aleph as a lead investor.
- Where is Approve's headquarters located?
- Approve's headquarters is in Tel Aviv-Yafo, Center District, Israel.
- What are the primary sectors Approve operates in?
- Approve's primary sector is Business Software, with an additional sector in Retail Platforms.
Team · 3
Bar Winkler
Founder · Co-founder and CEO
Shlomy Amsalem
Founder · Co-founder
Amit Mittelman
Founder · Co-founder
Sectors & technology
Primary sector
Business Software
Sub-sectors
Retail Platforms
Technologies
Platforms & InterfacesWebSoftwareArtificial Intelligence
Target customers
Enterprise & Professional Services
Business model
B2B
Highlights
Verified
Tags
management-solutionsenterprise-solutionssupply-chainweb-platformmachine-learningsaassoftware-applicationsworkflowartificial-intelligenceproductivity
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | approve.com |
|---|---|
| linkedin.com/company/33229293 | |
| facebook.com/approvedotcom |
Identifiers & details
| Legal name | Swiftt Development Ltd. |
|---|---|
| Former names | Brandable |
| Founded | 2018-11 |
| Employees (exact) | 19 |
| Offices | San Mateo; New York |
| Status reason | Acquired (Inactive) by Tipalti on Apr 2021 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Tipalti 2021-04 $40.0M
Radar intelligence
Patents
| EPO | 2 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
GitHub
| Top repos | email-service-interview, PO-API-Coding-Task, test-runner-task |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515796142 |
|---|---|
| Status | מחוסלת עקב מיזוג — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-02-11 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2021 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | שד' יהודית 12 תל אביב - יפו |