nipendo

RPA and AI Platform for Purchase-to-pay Process Automation

Fintech & Insurtech
Acquired by American Express
Acquired Netanya, Israel Founded 2007
Last updated 2026-06-18
Total raised
$12.0M
Last: 2013-03
Stage
Acquired
Founded
2007
Headcount
45
HQ
Netanya, Israel
Sector
Fintech & Insurtech

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

Q&A

When was Nipendo acquired and by whom?
Nipendo was acquired by American Express in January 2023.
What is Nipendo's primary business?
Nipendo provides a cloud-based robotic process automation (RPA) platform for purchase-to-pay (P2P) processes and supplier collaboration, utilizing AI and machine learning technologies.
Who were the lead investors in Nipendo's funding rounds?
Nipendo received funding from Magma Venture Partners and Horizons Ventures.
What was the total amount of funding raised by Nipendo?
Nipendo raised a total of $12,000,000.
What happened to American Express's Amex Israel operations after the Nipendo acquisition?
American Express shut down its Amex Israel operations in July 2025, which were established following the acquisition of Nipendo. This resulted in layoffs of several dozen employees.
Who acquired Nipendo's Israeli operations in February 2024?
Top Systems, a publicly traded company on the Tel Aviv Stock Exchange, acquired Nipendo's Israeli operations for $2 million in February 2024, including its business with Israeli customers and global suppliers.
Which companies are listed as Nipendo customers?
Nipendo's customers include HP, Intel, KLA, Kodak Alaris, Elbit Systems, IAI, Teva, Unilever, and Clalit Healthcare Services.

Team · 2

Eyal Rosenberg
Founder · Co-Founder & CEO
LinkedIn ↗
Alon Rosenberg
Founder · Co-Founder & CTO
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations SoftwareMoney Transfer & ManagementBusiness SoftwareOperations Solutions
Technologies
Platforms & InterfacesWebMobileArtificial IntelligenceMachine Learning
Target customers
Healthcare & Life SciencesHealthcareProvidersIndustrial ManufacturingManufacturing FacilitiesEnterprise & Professional ServicesEnterprises
Business model
B2GB2B

Highlights

1 PatentsVerified

Tags

supply-chainworkflowcloudprocurementinvoiceserpfintechreal-timebillingenterprise-solutionscollaborationpaymentsaccountingartificial-intelligenceecommercemedical-device-manufacturerssoftware-applicationsdefensemobile-applicationsback-officemanufacturing-facilitiesaerospaceoil-and-gas-companiesfood-and-beveragehealthcare-providerspharma-companiesmachine-learning
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitenipendo.com
LinkedInlinkedin.com/company/131197
Facebookfacebook.com/Nipendo-183743151655866
YouTubeyoutube.com/user/Nipendo

Identifiers & details

Legal namenipendo
Founded2007-1
Employees (exact)45
OfficesBoston
Status reasonAcquired by American Express on Jan, 2023

Acquisitions & public offerings

Acquired by American Express 2023-01

AcquiredDateAmount
PayEm2026-07$500K

Radar intelligence

Patents

EPO4

Web history (Wayback)

Domainnipendo.com

Certificate / subdomain footprint

Subdomains74