Stampli Inc. Strengths, Domain Expertise, and Key Differentiators
Stampli is an AP automation platform that brings together accounts payable communications, documentation, and payments in one place. By centring communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone involved with purchases, allowing approvals to happen faster. Stampli’s AI, Billy the Bot, learn an organization’s unique patterns to simplify GL and costing-related coding, automate approval and verification flows, identify duplicate invoices, and reduce time spent on manual data entry.
Stampli Inc. Recent Developments
In early 2023, Stampli introduced Expenses, a novel addition to the Stampli Card suite. This new offering empowers businesses with comprehensive control over employee expenses, seamlessly integrating management of corporate card expenditures, invoice processing, and payments into a unified platform.
Stampli Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Stampli Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Stampli Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Stampli Accounts Payable Automation Platform customers.
Stampli Inc. Overview
191 Castro Street
Mountain View, CA, 94041, United States
1 650-469-3074
https://www.stampli.com/
Ownership: - Hillsven Capital, Bloomberg Beta, NextWorld Capital, SignalFire, UpWest Labs
Number of Employees: 250
Functional Markets: ERP Financial, Procurement,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Stampli Inc. Key Enterprise and Cloud Applications
Stampli Accounts Payable Automation Platform
Stampli Inc. Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Stampli Inc. Revenue Breakdown By Type, $M:
Stampli Inc. Enterprise Applications Revenues By Functional Markets, $M:
Stampli Inc. Enterprise Applications Revenues By Verticals, $M:
Stampli Inc. Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Stampli Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Stampli Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Stampli Inc. Customers
No. of Stampli Inc. Customers: 1300
No. of Stampli Inc. Enterprise Applications Customers: 1300
No. of Stampli Inc. Cloud Customers: 1300
No. of Stampli Inc. Cloud Subscribers: 70000
As of 2023, Stampli boasts a significant customer base of 1,300 organizations utilizing its services, with a user count reaching 70,000. Stampli's growth in both customer acquisition and user base underscores its appeal within the market, likely attributed to its offered functionalities and user-friendly interface.
Stampli Inc. Market Opportunities, M&A and Geo Expansions
In October 2023, Stampli successfully closed a significant funding round, securing $61 million in investment. The financing was spearheaded by funds under Blackstone's management, with continued support from existing investors such as Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital. With this latest round, Stampli has accumulated a total funding of nearly $150 million, reinforcing its commitment to exploring a relatively untapped market opportunity.
Stampli Inc. Risks and Challenges
Stampli, a company with an office in Tel Aviv, Israel, faces potential challenges due to the ongoing conflict in the region. The company's presence in an area affected by the conflict raises concerns about customer retention and revenue stability. The volatile situation in Israel could potentially lead to a decline in customers, impacting the company's financial performance.
Stampli Inc. Ecosystem, Partners, Resellers and SI
Stampli's flexible platform fits seamlessly into any existing processes and integrates with financial systems, including Acumatica, Dealertrack, Microsoft Dynamics, Oracle NetSuite, QuickBooks, Sage 100, Sage Intacct, SAP, and more.
Stampli Inc. Cloud Infrastructure Insights
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- Stampli Inc. Public Cloud and Infrastructure (IaaS)
- Stampli Inc. Platform (PaaS)
- Stampli Inc. Application Delivery
- Stampli Inc. Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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