OpenCFO and Constems AI Systems Raise USD 2 Mn Each

AI Fintech Startup OpenCFO Secures USD 2 Mn

AI fintech startup OpenCFO has raised USD 2 million in its first institutional funding round led by Endiya Partners, with participation from angel investors based in the United States and India.

The funds will be used to expand its engineering team, speed up the development of automation agents for financial workflows and grow its customer base in markets including the United States, India, the United Kingdom, the European Union and Canada.

Founded by Prudhvi Rao Shedimbi and Sankalp Singayapally, OpenCFO is building an AI-based financial operations platform designed for mid-market companies. The platform brings together accounts payable, accounts receivable and treasury processes into a single system powered by AI agents.

The startup connects enterprise resource planning systems, banking platforms and payment infrastructure to automate finance tasks such as invoice processing, reconciliation, cross-border payments and treasury management.

OpenCFO said early pilot programmes show its system can automate invoice workflows and help reduce foreign exchange costs while improving settlement times for international transactions.

The startup currently operates across the US and India, focusing on mid-market firms managing global operations.

Constems AI Systems Raises USD 2 Mn in Pre-Series A Funding

Noida-based AI startup Constems AI Systems has raised USD 2 million in a pre-Series A funding round co-led by Finvolve and India Accelerator. The round also included follow-on investments from Cognify, Inflection Point Ventures, AIF, and continued support from IIM Lucknow Enterprise Incubation Centre.

The fresh capital will be used to accelerate product innovation and expand enterprise deployments globally. It also plans to strengthen its enterprise sales network, develop advanced AI models, and improve its product and data infrastructure. In addition, the startup aims to expand its presence across Southeast Asia, Japan, and the Middle East.

Founded in 2017 by Amit Singh and Amit Srivastava, the startup develops vision intelligence solutions for global consumer packaged goods (CPG) enterprises. Its platform uses image and video inputs to automate retail and supply-chain processes, helping businesses monitor shelf availability and compliance through image recognition and predictive analytics.

The company’s technology is supported by more than 30 million curated image data points and a patented object detection model designed for retail environment identification. According to the company, its AI and edge architecture can process retail images and deliver predictive insights within seconds.

Constems AI Systems said it works with several Fortune 500 CPG brands and has trained its AI models on over 30,000 consumer product formats across multiple geographies. The startup reported 2–3 times year-on-year growth and plans to expand its global partnerships and enterprise client base.