Approve

Enterprise Procurement SaaS

Business Software
Acquired by Tipalti
Acquired Tel Aviv-Yafo, Israel Founded 2018
LinkedIn
Last updated 2026-06-18
Total raised
$5.6M
Last: 2020-08
Stage
Acquired
Founded
2018
Headcount
4
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

Approve.com is a modern procurement platform helping businesses streamline purchasing workflows, manage vendor interactions, and gain critical insights into company spend. Approve.com was developed by Swiftt Development Ltd.

Funding history · 2 rounds · $5.6M total

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

Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder & COO
LinkedIn ↗
Founder · Co-founder and CTO
LinkedIn ↗

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

LinkedInlinkedin.com/company/33229293
Facebookfacebook.com/approvedotcom

Identifiers & details

Former namesBrandable
Founded2018-11
Employees (exact)4
OfficesSan Mateo; New York
Status reasonAcquired (Inactive) by Tipalti on Apr 2021 - closed due to acquisition

Acquisitions & public offerings

Acquired by Tipalti 2021-04

Radar intelligence

Patents

EPO2

Publications (Crossref)

Works10

GitHub

Top reposemail-service-interview, PO-API-Coding-Task, test-runner-task