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AI-led fintech startup OpenCFO has raised $2 Mn (about ₹18 Cr) in its seed funding round led by Endiya Partners, with participation from angel investors in the US and India.

The startup, which is building an AI-native financial execution platform aimed at mid-market companies with multinational operations, aims to launch fully by mid-2026.

OpenCFO plans to use the new capital to broaden its engineering and treasury deployment teams in the US and India, accelerate its AI-powered accounts payable and receivable automation agents. It will also scale customer acquisition in priority cross-border corridors, including the US to India, the UK, the EU, and Canada.

Founded in December 2025 by BITS Pilani alumni Prudhvi Rao Shedimbi and Sankalp Singayapally, OpenCFO offers a subscription-based SaaS solution that unifies and automates accounts payable, receivable and treasury workflows for mid-market companies that are scaling across divisions, entities, and geographies.

The platform acts as a “CFO” for early stage and mid-level companies that don’t have vast finance teams by integrating with enterprise resource planning (ERP) softwares, bank portals, global payment rails and multi-currency treasury systems to address fragmented finance processes typical in growing enterprises.

OpenCFO aims to minimise operational risk by automating tasks such as invoice processing, cross-border payments, and reconciliation that otherwise require multi-system coordination and manual intervention while maintaining compliance and reporting accuracy.

While humans remain in control of approvals, policies, and audit trails, the platform connects various finance functions into a single execution layer where AI agents coordinate financial workflows across the full cycle, removing the need for optimising for individual processes. For instance, an action in the payables vertical would automatically trigger readjustment in treasury forecasts. This provides finance teams with real-time visibility into liquidity across entities, currencies, and accounts.

Early customer pilots have shown reductions in invoice processing times from days to near real-time and potential cross-border cost savings above 50%, the startup claimed.

OpenCFO targets US-based companies that have global operations across Europe, India and South East Asia. It is planning to open a regional office in Hyderabad later this month.

Enterprise AI offers a huge market opportunity for startups as companies across sectors move toward automation of processes and workflows. The segment is expected to grow to $71 Bn in 2030 from $11 Bn last year, according to Google X Inc42’s Bharat AI Startups Report, 2026.

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