Stampli, the SaaS-based invoice management company specializing in AP-related communication, documentation, and workflows into a single portal for maximum visibility and control, has raised $61 million in Series D funding led by Blackstone-managed funds. Stampli plans to expand its AI-powered accounts payable offering and tap into the growing market for funds payable automation, which is still relatively nascent, with just 28% of firms having some automation in AP workflows.
Stampli Raises $61 Million to Advanced AI-Powered AP Automation