OpenCFO secures $2 million funding led by Endiya Partners
11 Mar 2026, 12:06 PMThe funding round saw participation from investors based in the US and India.
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OpenCFO, an AI startup aimed to help companies automate their financial workflows, has raised $2 million in its funding round led by venture capital firm Endiya Partners.
The funding round saw participation from investors based in the US and India.
The startup will use the fresh capital to expand its team and upgrade its product. A portion of the capital will also be used to boost customer acquisition in the US, India, the UK, the European Union and Canada.
OpenCFO, which was founded by Prudhvi Rao Shedimbi and Sankalp Singayapally, says it is an AI-native finance operations platform built for finance teams. It explains that the platform enables CFOs and finance leaders to manage accounts payable, accounts receivable, treasury, and money movement within a single system, replacing traditional manual processes.
Prior to founding OpenCFO, Rao was engineer manager at StarTree. He previously worked at CrowdStrike, Intel Corp, Tejas Networks and Sabre Holdings. Singayapally earlier was engagement manager at Keystone AI, and he also worked at Bloomberg LP, Barclays and NetApp. He also worked as a summer investment intern at Endiya Partners.
Finance automation startups in India have been attracting venture capital funding in the past years.
Earlier in January, Bluecopa raised $7.5 million in a Series A funding round led by Analog Partners.
Last year, Neurofin AI Technologies, a Bengauluru-based GenAI startup for the financial sector, raised $1.6 million in a seed funding round led by Unleash Capital.
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