Insights

Growing Funding ApprovalMax's recent £10M growth funding signifies strong investor confidence and a potential ramp-up in sales efforts to capitalize on expanding market presence and new customer acquisitions.

API Expansion The launch of ApprovalMax's public API opens opportunities for integration with a wider range of financial and ERP systems, making it appealing to mid-sized enterprises seeking customizable workflow solutions.

Global Reach With operations in Germany and partnerships like Airwallex, ApprovalMax is positioning itself as a key player in the international market, presenting sales prospects in cross-border payment automation and multi-currency approval workflows.

Market Positioning Serving over 20,000 businesses with a revenue range of $50M to $100M, ApprovalMax demonstrates customer trust and scalability, indicating strong potential for upselling advanced automation tools and premium features.

Strategic Hiring Recent executive hires, including a Chief Revenue Officer, suggest a strategic focus on revenue growth and market expansion, creating opportunities for targeted sales pitches toward growth-oriented finance teams.

ApprovalMax Tech Stack

ApprovalMax uses 8 technology products and services including Azure Data Lake, Tilda, Zoho CRM, and more. Explore ApprovalMax's tech stack below.

  • Azure Data Lake
    Cloud Hosting
  • Tilda
    Content Management System
  • Zoho CRM
    Customer Relationship Management
  • UserVoice
    Issue Trackers
  • Element UI
    Javascript Frameworks
  • dc.js
    Javascript Graphics
  • Modernizr
    Javascript Libraries
  • Goober
    Javascript Libraries

Media & News

ApprovalMax's Email Address Formats

ApprovalMax uses at least 1 format(s):
ApprovalMax Email FormatsExamplePercentage
First.Last@approvalmax.comJohn.Doe@approvalmax.com
97%
Last@approvalmax.comDoe@approvalmax.com
1%
First@approvalmax.comJohn@approvalmax.com
1%
FLast@approvalmax.comJDoe@approvalmax.com
1%

Frequently Asked Questions

What is ApprovalMax's official website and social media links?

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ApprovalMax's official website is approvalmax.com and has social profiles on LinkedInCrunchbase.

What is ApprovalMax's NAICS code?

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ApprovalMax's NAICS code is 5112 - Software Publishers.

How many employees does ApprovalMax have currently?

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As of July 2026, ApprovalMax has approximately 134 employees across 6 continents, including EuropeAsiaNorth America. Key team members include Ceo And Co-Founder: K. B.Chief Operations Officer: M. S.Chief Revenue Officer: M. L.. Explore ApprovalMax's employee directory with LeadIQ.

What industry does ApprovalMax belong to?

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ApprovalMax operates in the Software Development industry.

What technology does ApprovalMax use?

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ApprovalMax's tech stack includes Azure Data LakeTildaZoho CRMUserVoiceElement UIdc.jsModernizrGoober.

What is ApprovalMax's email format?

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ApprovalMax's email format typically follows the pattern of First.Last@approvalmax.com. Find more ApprovalMax email formats with LeadIQ.

How much funding has ApprovalMax raised to date?

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As of July 2026, ApprovalMax has raised $13M in funding. The last funding round occurred on Dec 11, 2024 for $13M.

When was ApprovalMax founded?

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ApprovalMax was founded in 2016.
ApprovalMax logo

ApprovalMax

Software DevelopmentEngland, United Kingdom51-200 Employees

ApprovalMax delivers accounts payable approval workflows for finance teams that use cloud accounting platforms such as Xero, QuickBooks Online, and NetSuite. The software sits between the accounting system and outgoing payments, enforcing the correct level of sign-off and ensuring the necessary documentation accompanies each payment. It serves a global customer base of more than 20,000 businesses and is based in London, United Kingdom.

The company operates in the software development sector with a focus on finance automation, aiming to improve control and reduce risk in payment processes. In 2024, its Germany subsidiary, ApprovalMax Germany GmbH, launched a public API to enhance reporting and integration capabilities.

Section iconCompany Overview

NAICS Code
5112 - Software Publishers
Founded
2016
Employees
51-200

Section iconFunding & Financials

  • $13M

    ApprovalMax has raised a total of $13M of funding over 1 rounds. Their latest funding round was raised on Dec 11, 2024 in the amount of $13M.

  • $50M$100M

    ApprovalMax's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $13M

    ApprovalMax has raised a total of $13M of funding over 1 rounds. Their latest funding round was raised on Dec 11, 2024 in the amount of $13M.

  • $50M$100M

    ApprovalMax's revenue is estimated to be in the range of $50M$100M

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