Fenwick represented Stampli, a complete accounts payable automation platform, in its $50 million Series C financing.
Insight Partners led the round with participation from SignalFire and Nextworld Capital, joining UpWest, Hillsven, Bloomberg and Naver Corp.
Stampli processes over $20 billion invoices annually and was recently named a Top 50 Most Promising Startup in Israel. In the last year, Stampli was named a leader in G2 Grid® for AP Automation seven times; awarded The Best AP Solution from Fintech Breakthrough for 2021; named The Best AP Automation Company in the USA from New World Report and Eyal Feldman was named to The Software Report’s Top 50 CEOs of 2020. More information about the financing can be found in Stampli’s press release.
The Fenwick team was led by corporate partner Einat Meisel and included associates Eugene Karlik and Cedrick Dalluge.