About
nipendo provides a cloud-based robotic process automation (RPA) platform for purchase-to-pay (P2P) processes and supplier collaboration. The platform streamlines and simplifies interactions between enterprises (buyers) and their suppliers across all spend categories and all supplier types and sizes. nipendo automates P2P processes and makes them touch-free and error-free by utilizing RPA, machine learning, and AI technologies. It provides process governance, management, and enforcement compliance; audit and validation; dispute resolution; discrepancy management; and supplier rating. Implementing nipendos platform requires simple configuration using best-practice templates that were designed over a period of years of working with multinational corporations in a variety of industries. These templates cover the full range of direct and indirect P2P processes around goods and services. nipendo helps enterprises automate their P2P processes and replace manual labor and human decision-making with smart bots that operate according to corporate policy, compliance rules, and regulations. nipendo customers report that over 95% of their invoices have reconciled self-provisionally and that order fulfillment has improved dramatically, with an over 50% reduction in FTEs.
Funding history · 2 rounds · $12.0M total
Company Intelligence Q&A
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- When was Nipendo acquired and by whom?
- Nipendo was acquired by American Express in January 2023.
- What type of platform does Nipendo provide?
- Nipendo provides a cloud-based robotic process automation (RPA) platform for purchase-to-pay (P2P) processes and supplier collaboration.
- What was Nipendo's total funding raised before its acquisition?
- Nipendo raised a total of $12,000,000 across its funding rounds. For full financing history, please refer to startupim.
- Which investors participated in Nipendo's Series B funding round?
- In March 2013, Nipendo's Series B round included investments from Horizons Ventures and Magma Venture Partners.
- Where is Nipendo's headquarters located?
- Nipendo's headquarters is located in Netanya, Israel.
- What is the reported impact of Nipendo's platform on invoice reconciliation and FTE reduction for its customers?
- Nipendo customers report over 95% of their invoices reconcile self-provisionally and an over 50% reduction in FTEs due to improved order fulfillment.
- When was Nipendo founded?
- Nipendo was founded in January 2007.
- Did Nipendo receive any awards or recognitions?
- In June 2015, Nipendo won the Supply & Demand Chain Executive 100 Award and was named a "Cool Vendor" by Gartner in June 2014.
- What was a significant intellectual property development for Nipendo in 2015?
- In June 2015, Nipendo was awarded a patent for Automated B2B Integration and Supplier Collaboration.
- What was the reported acquisition price of Nipendo by American Express?
- According to a July 2025 news report, American Express acquired Nipendo for around $20 million in 2023.