Startups Directory

Xelix is an AI-powered accounts payable intelligence platform that bolts onto existing ERP and AP systems to enhance financial controls and prevent fraud. Unlike traditional AP automation vendors, Xelix focuses on assurance, overpayment detection, and vendor statement reconciliation using proprietary AI models trained on seven years of data. The platform processes $200B+ in annual invoice flow, reviewing 500+ data points per invoice to identify threats and errors in real-time, and has achieved a 98% customer retention rate.

Wayflyer is a revenue-based financing platform that provides e-commerce merchants with fast, non-dilutive capital ranging from $10,000 to $20 million. The platform uses data-driven underwriting by connecting to Shopify, WooCommerce, Amazon, and ad accounts to assess merchant performance in real time, bypassing traditional credit scores. Merchants repay advances as a percentage of ongoing revenue (typically 5-10% fixed fee) with flexible terms aligned to business cycles, with no personal guarantees or equity dilution. Operating across the US, UK, Australia, and Europe, Wayflyer has funded over 5,000 businesses with $5 billion in total capital since 2019.

Denim is a financial operations platform built specifically for freight brokers, automating invoicing, collections, carrier payments, and providing flexible invoice factoring. Unlike traditional factoring companies with all-or-nothing models, Denim lets brokers choose which invoices to factor and when, while AI-powered algorithms evaluate risk across 20 data points per shipment. The platform integrates with accounting software like QuickBooks and has processed over $2 billion in payments, reducing daily financial operations tasks by 75%.