New York based developer of AI software for accounts payable raised $160m in Series B funding led by Insight Partners.
"This funding marks a major milestone in our journey," said Paul Roiter, CEO of Xelix. "It allows us to accelerate product innovation, expand our market presence and reinforce our position as a category leader – enabling more finance teams to evolve Accounts Payable from a manual back-office function into a strategic, data-driven business partner."
