OpenCFO has raised USD 2 million in its first institutional funding round to build an AI-driven financial operating system for mid-market companies operating across global markets.
The round was led by Endiya Partners with participation from angel investors across the United States and India.
Founded by Prudhvi Rao Shedimbi and Sankalp Singayapally, the startup is developing an agentic AI platform designed to unify financial operations including accounts payable, accounts receivable and treasury management.
The platform connects banking systems, enterprise resource planning (ERP) tools and payment infrastructure into a single execution layer where AI agents coordinate financial workflows while maintaining approvals, compliance controls and audit trails.
Finance teams at mid-market companies often operate across disconnected systems such as ERPs, bank portals, spreadsheets and point solutions. As these companies expand globally, teams must manage multiple entities, currencies, bank accounts and vendor networks, increasing operational complexity and financial risk.
OpenCFO aims to address this challenge through a unified platform where AI agents coordinate the full financial cycle. Data from receivables can automatically feed into treasury forecasts, while payables information updates liquidity management and cash positioning across entities and accounts.
The platform is already being tested in early deployments, where the company claims it can automate invoice processing workflows that traditionally take several days. The startup is also targeting cross-border treasury optimisation, an area where globally distributed companies often face high foreign exchange costs and slow settlement times.
By integrating multi-currency accounts and global payment rails, OpenCFO said early pilots indicate the platform can reduce cross-border transaction costs by more than 50 per cent while enabling near-instant settlement and reconciliation.
With the fresh capital, the company plans to expand its engineering teams in the United States and India, accelerate development of automation agents for payables and receivables, and scale customer acquisition across key cross-border corridors including the United States, India, the United Kingdom, the European Union and Canada. OpenCFO expects to launch its full agentic financial operations platform by mid-2026.
