Amount Raised
$5 Million
Round Type
seed
Description
Approve.com, the modern procurement platform, today announced that it has completed a $5 million seed round led by Aleph, an early venture capital investor, whose founding partners previously led investments in Wix, Lemonade, Monday.com, Houseparty and more. The funding will be used for innovation and global expansion. Approve will establish US operations, invest in growth for its R&D team, and support new and existing accounts.