OpenCFO has raised $2 million in its first institutional funding round to develop an AI-driven financial operating system aimed at mid-market companies operating across global markets. The round was led by Endiya Partners, with participation from angel investors based in the United States and India.
The newly raised capital will be used to expand the company’s engineering teams across the US and India, accelerate development of automation agents for financial workflows and scale customer acquisition in key global markets. These include the United States, India, the United Kingdom, the European Union and Canada.
Founded by Prudhvi Rao Shedimbi and Sankalp Singayapally, OpenCFO is building an AI-native financial operations platform designed to simplify complex finance processes for companies managing cross-border operations. The platform integrates accounts payable, accounts receivable and treasury management into a unified system powered by AI agents.
The startup’s technology connects banking systems, enterprise resource planning (ERP) tools and payment infrastructure into a single execution layer. Within this system, AI agents coordinate financial workflows while maintaining approvals, compliance controls and audit trails.
Finance teams in mid-market companies often rely on multiple disconnected tools such as ERPs, bank portals, spreadsheets and other point solutions. As businesses expand internationally, they must manage several entities, currencies, bank accounts and vendor networks, which can significantly increase operational complexity and financial risk.
OpenCFO aims to address these challenges by creating a unified platform where financial data flows seamlessly across operations. For example, receivables data can automatically feed into treasury forecasts, while payables information updates liquidity management and cash positioning across different accounts and entities.
The company said its platform is already undergoing early deployments. In pilot implementations, OpenCFO claims its system can automate invoice processing workflows that traditionally take several days. The platform is also focused on improving cross-border treasury management, an area where globally distributed businesses frequently encounter high foreign exchange costs and slow settlement times.
By integrating multi-currency accounts and global payment rails, the startup said early pilots indicate the platform can reduce cross-border transaction costs by more than 50 percent while enabling near-instant settlement and reconciliation.
With the fresh funding, OpenCFO plans to further develop its agentic financial operations platform and expects to launch the full version of the system by mid-2026. The company is also focusing on expanding its presence among mid-market businesses that operate across multiple international markets and require more efficient financial infrastructure to manage global operations.
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