OpenCFO, an AI-native financial operations platform, today announced the successful completion of its first institutional funding round, raising $2 million. The funding round was led by Endiya Partners, and saw participation from prominent angel investors across both the United States and India.
OpenCFO is building an agentic AI financial operating system that unifies and automates accounts payable, receivable, and treasury workflows for mid-market companies as they scale across divisions, entities, and geographies. The round comes as enterprise AI shifts from conversational interfaces and experimental pilots toward agentic systems capable of executing actions inside business workflows. Finance is one of the functions most impacted by this transition, where fragmented systems and manual processes directly affect operational efficiency and capital management.
Finance teams at growing companies often operate across disconnected systems including ERPs, bank portals, spreadsheets, and point solutions (single purpose software) that each control a narrow slice of financial operations. While large enterprises deploy complex treasury and finance infrastructure and manage them with large teams, mid-market companies are typically left stitching together fragmented tools as operational complexity increases. As these companies grow and expand internationally, finance teams must manage multiple entities, currencies, bank accounts, and vendor networks while maintaining compliance and reporting accuracy. Tasks such as invoice processing, cross-border payments, and reconciliation frequently require manual intervention and coordination across systems, slowing down financial operations and increasing operational risk.
OpenCFO addresses this challenge by bringing together the three core pillars of financial operations, Accounts Payable, Accounts Receivable, and Treasury, into a unified platform powered by AI agents operating with shared organizational context. The platform connects banking systems, ERPs, and payment infrastructure into a single execution layer where AI agents coordinate financial workflows while keeping humans in control through approvals, policies, and audit trails. Instead of optimizing individual workflows in isolation, OpenCFO’s agents coordinate across the full financial cycle. Actions in payables automatically inform treasury forecasts, receivables data feeds directly into cash positioning, and finance teams gain real-time visibility into liquidity across entities, currencies, and accounts.
"We are not building another dashboard or point solution," said Prudhvi Rao Shedimbi, Co-Founder and CEO of OpenCFO. "CFOs are being asked to operate with greater speed and accuracy than ever, yet the underlying finance stack remains fragmented and manual. Our goal is to build the AI-native execution layer for the CFO office that connects the entire financial stack and enables finance teams to operate with confidence across borders."
OpenCFO is already demonstrating measurable efficiency improvements in early deployments. Invoice processing workflows that typically take multiple days and require manual follow-ups can be automated end-to-end, reducing operational overhead for finance teams across sectors including Cloud/SaaS and Healthcare. One of the earliest areas of impact is cross-border treasury and payment optimization, a hidden cost center for many globally distributed companies. Mid-market businesses today often pay 2 - 4% in foreign exchange fees, rely on slow international settlement rails, and manually reconcile payments across multiple banking systems. OpenCFO integrates multi-currency accounts and global payment rails (via its banking and financial partnerships) to intelligently route payments across both traditional banking and digital rails. Early pilots indicate the platform can deliver more than 50% cost savings on cross-border transactions while enabling near-instant settlement and reconciliation.
"Mid-market CFOs are stuck stitching together fragmented tools that don’t communicate with each other," said Sankalp Singayapally, Co-Founder and COO of OpenCFO. "They pay unnecessary FX fees, wait days for transfers that could settle faster, and spend hours reconciling data across systems. By combining agentic AI with modern treasury infrastructure, we’re building a unified platform that automates financial operations while giving finance teams enhanced visibility and control."
The founding team combines deep engineering experience from CrowdStrike, Confluent, and Bloomberg and the new funding will help expand the team and support OpenCFO’s next phase of product and market expansion. The company plans to onboard senior hires with enterprise treasury deployment expertise, expand its engineering team in both the US and India, accelerate development of accounts payable and receivable automation agents, and scale customer acquisition in priority cross-border corridors including the United States to India, the United Kingdom, the European Union, and Canada. OpenCFO expects to launch its full agentic financial operations platform by mid-2026.
"Mid-market companies with global operations have been underserved," said Sateesh Andra, Managing Partner at Endiya Partners. "Consumer payment tools aren't built for their complexity. Enterprise treasury platforms require scale they don't have. OpenCFO is purpose-built for this segment, starting with optimized cross-border finances and expanding into the full CFO stack. We're backing Prudhvi and Sankalp to build the financial operating system for globally distributed mid-market companies."
Endiya Partners brings deep sector expertise in B2B SaaS and Fintech along with an extensive network across the U.S. and India that will support OpenCFO in talent acquisition, customer development, and strategic partnerships.
About OpenCFO
OpenCFO is a unified AI platform for mid-market CFOs that delivers workflow automation for payables, receivables, and treasury with native integrations into ERPs, and banking/financial infrastructure e.g., multi-currency accounts, global payment/transfer rails. Founded in December 2025 and backed by Endiya Partners, the company operates across the US and India, and serves US-based companies with global operations in India, Europe, Southeast Asia, and other emerging markets. Learn more at https://opencfo.ai/. Please direct all media inquiries to info@opencfo.ai.About Endiya Partners
Endiya Partners is an early-stage venture capital firm backing India’s most promising product startups across Enterprise, Industrial Tech, and Healthcare. Endiya has built a track record of identifying technical founders building category-defining companies. Notable fintech portfolio companies include Kissht (SEBI-approved IPO) and Qapita (leading cap table and equity management platform in Southeast Asia). The firm combines deep domain expertise with hands-on support in product development, go-to-market strategy, and scaling operations. Endiya is actively investing from its third fund. Learn more at endiya.com.
IndianWeb2.com is an independent digital media platform for business, entrepreneurship, science, technology, startups, gadgets and climate change news & reviews.
