
Semine is a SaaS company that offers an AI-powered Accounts Payable Automation solution designed to streamline financial processes, reduce errors, and drive informed decision-making. Their platform focuses on automating mundane tasks within accounts payable departments. Key features include AI-driven data capture for invoices and POs, line-level data extraction, automated PO matching, mobile app for approvals, and customizable workflows. Semine emphasizes seamless integration with various ERP and accounting systems via open APIs and ready connectors, enabling quick onboarding. The company highlights its scalability, multi-company support, and ability to provide detailed spend data for strategic sourcing and analytics. Semine has been recognized by Gartner and Deloitte for its growth and technology. They aim to liberate finance teams to focus on value-added tasks by automating up to 85%+ of accounting chores, processing over 2.5 million invoice lines monthly, and serving over 10,000 companies.

Semine is a SaaS company that offers an AI-powered Accounts Payable Automation solution designed to streamline financial processes, reduce errors, and drive informed decision-making. Their platform focuses on automating mundane tasks within accounts payable departments. Key features include AI-driven data capture for invoices and POs, line-level data extraction, automated PO matching, mobile app for approvals, and customizable workflows. Semine emphasizes seamless integration with various ERP and accounting systems via open APIs and ready connectors, enabling quick onboarding. The company highlights its scalability, multi-company support, and ability to provide detailed spend data for strategic sourcing and analytics. Semine has been recognized by Gartner and Deloitte for its growth and technology. They aim to liberate finance teams to focus on value-added tasks by automating up to 85%+ of accounting chores, processing over 2.5 million invoice lines monthly, and serving over 10,000 companies.
What they do: AI-powered accounts payable automation (invoice capture, PO matching, workflows, analytics)
Scale claims: Serves 10,000+ companies and processes 40M+ invoice lines yearly
Founding: Founded around 2016; founder Robert Kristiansen
Recent notable event: Series B on 2022-07-15 (lead: Kistefos Venture Capital)
Accounts payable and finance process automation for enterprises and multi-entity customers.
2016
Fintech / SaaS
Crunchbase lists Series B on this date; total funding reported across databases and company snapshot includes a total figure.
“Eurazeo became the majority shareholder following a merger with Rydoo; prior investors and employees remain shareholders”