Envoice
Envoice is an AI-powered pre-accounting platform that automates bill and expense management for SMBs, accounting practices, and professional services firms, offering OCR-based data extraction, automated GL coding, approval workflows, and deep integrations with Xero and QuickBooks.
- Company typePrivate
- Founded2014
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Envoice does
Envoice is an AI-powered pre-accounting SaaS platform that automates bill capture, data extraction, approval routing, and ledger synchronization for small and medium businesses, accounting/bookkeeping practices, and professional services firms. Its core product is a single web and mobile (iOS/Android) hub where receipts and bills can be submitted by photo, email forwarding, or cloud-storage fetch (Dropbox, OneDrive); proprietary AI modules — SmartExtract and ExactExtract — convert those documents into structured records with a vendor-claimed 99.9% extraction accuracy, and SmartRecord then suggests GL codes, tax rates, and cost centers based on the tenant's bookkeeping history. Approval workflows with configurable rules route bills and expense reports to managers before sync to Xero, QuickBooks Online, Wise, Microsoft Dynamics 365, or Coop Pank; the platform also supports Peppol e-invoicing and is GDPR-compliant, with infrastructure hosted on Google Cloud Platform and Microsoft Azure in Europe.
The company is incorporated as Envoice OÜ in Tallinn, Estonia (registry code 12749039), with its website identifying London as a secondary location, and operates at a headcount of 11-50 employees. It runs a horizontal, product-led growth model with a 14-day free trial (no credit card required) converting into monthly subscription plans; specific pricing tiers are not publicly disclosed. Reported scale includes 15,000+ users, 5,000+ paying or trusted companies across 40+ countries, and 20M+ invoices processed, with named customer logos spanning SMBs (Klaar.me, Hausers Group, 1Office, Ampler, Hepsor, Roofit, Paxful, Fractory, Tuokko) and larger reference accounts (Temple Capital House, Coop Pank, Audi, Scoro). On 27 January 2026 Envoice was acquired by Scoro Group, a Tallinn-based professional services automation platform, for an undisclosed sum; Envoice continues to operate as a standalone product and brand within Scoro, with a live Scoro integration that links expense documents to projects and purchase orders for real-time margin tracking, and management has signaled increased AI investment and further product enhancements following the deal.
Envoice firmographics
Firmographics- Name
- Envoice
- Legal name
- Envoice OÜ
- Website
- https://envoice.eu
- Company type
- Private
- Founded year
- 2014
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Envoice is an AI-powered pre-accounting platform that automates bill and expense management for SMBs, accounting practices, and professional services firms, offering OCR-based data extraction, automated GL coding, approval workflows, and deep integrations with Xero and QuickBooks.
- Ownership category
- akta.pro rank
Envoice industry classification
Industry- Product category
- Accounting & Expense Management Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)
- akta.pro secondary industries
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), E-Invoicing & Invoice Presentment (B2B/B2G) (FSAMAJAF), Payment Posting, Reconciliation & Cash Application for Bills (FSAMAJAL)
Keywords
Where Envoice is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Envoice business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Subscription fees: Monthly subscription model where clients pay recurring fees based on their selected Subscription Plan. Fees vary depending on the plan tier subscribed to.
- Free trial to paid conversion: New clients receive a 14-day free trial without requiring credit card information. Conversion to paid subscription occurs upon trial expiration or manual upgrade.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard subscription plans |
| Freemium | Pay-as-you-go | Free trial period |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Envoice product offering
Product offeringCore offering
Envoice is an AI-powered bill and expense management SaaS platform that automates pre-accounting processes for SMBs, accountants, and bookkeepers. It captures receipts and bills via mobile photo, email, or cloud storage, extracts data with AI (claimed 99.9% accuracy), automates GL coding, routes multi-step approvals, and syncs categorized documents to accounting software such as Xero, QuickBooks Online, and Microsoft Dynamics 365. The platform also supports Peppol e-invoicing and offers native iOS and Android apps.
Product overview
Envoice is an AI-powered all-in-one pre-accounting collaboration platform that automates bill and expense management for SMEs, accounting firms, and their clients. The core platform offers modules including SmartExtract and ExactExtract for AI-powered data extraction, SmartRecord for automated GL coding, Approval Workflow for multi-step approval routing, Collection and Expense Reports for mobile document capture, Secure Storage for document archiving, and E-Invoicing with Peppol support. The platform integrates with leading accounting software including Xero and QuickBooks Online, and was acquired by Scoro Group in January 2026 while maintaining its independent product brand. Envoice serves over 15,000 users across 40+ countries with claimed 99.9% extraction accuracy and has processed over 20 million invoices.
Differentiator
Problem solved
Functional benefit
Products and services
- Envoice Platform AI-powered all-in-one bill and expense management SaaS platform that automates pre-accounting processes, including data extraction, approval workflows, expense reporting, secure document storage, e-invoicing, and accounting software synchronization for SMBs, accountants, and bookkeepers.
- Envoice Mobile App (iOS and Android) Native mobile applications for iOS and Android that let users capture bills and receipts by photo, submit expense reports, and route approvals from anywhere.
- Envoice API Developer-facing REST API that allows integration of Envoice's bill and expense automation capabilities into third-party applications and workflows.
Quantifiable outcome
- Bookkeepers using Envoice data entry/extraction saves more than 8 hours per week
- +2 more outcomes
Companies that use Envoice
Customer profileNamed customers16 records
Segments3 records
Ideal customer profiles3 records
Envoice technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability6 records
Feature6 records
Envoice partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- ScorocoreScoro acquired Envoice in January 2026 to enhance its professional services automation platform with real-time cost visibility capabilities. Envoice continues operating as an independent product and brand with the same team and support while gaining access to Scoro Group's resources for increased AI investment. Integration between products is already live with further enhancements planned over the next two months.
- XerocoreDeep integration allowing users to sync categorized bills and expense reports to Xero accounting software. Envoice provides automated data capture and approval workflows that feed directly into Xero's bookkeeping.
- QuickBookscoreIntegration with QuickBooks Online enables automated pre-accounting. Users can capture bills and receipts, get automatic data extraction, and sync expense data directly to QuickBooks.
- Google CloudcoreGoogle Cloud Platform (GCP) is used for data center hosting with infrastructure in Europe (Google Cloud Europe-West1, Belgium). GCP provides the underlying cloud infrastructure supporting Envoice's SaaS operations.
- Microsoft AzurecoreMicrosoft Azure EU West is used as cloud infrastructure for Envoice's SaaS platform operations.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Envoice competitors and assessment
Company assessmentDirect peers
- Dext: Dext is a receipt/invoice data extraction and pre-accounting automation platform that syncs categorized transactions to Xero, QuickBooks, and other ledgers - directly overlapping Envoice's SmartExtract, approval, and GL-coding workflow.
- Pleo: Pleo provides corporate cards, expense management, and bill pay for SMBs and mid-market companies in Europe, competing head-on with Envoice's bill capture, approval, and accounting-software sync capabilities.
- Spendesk: Spendesk combines prepaid cards, expense reporting, and invoice management with deep ERP/accounting integrations, mirroring Envoice's positioning around pre-accounting automation and approval workflows.
- Stampli: Stampli offers AI-driven accounts payable automation including bill capture, approval workflows, and QuickBooks/Xero sync - a near-direct competitor to Envoice's bill and expense management stack.
- Rydoo: Rydoo provides automated expense management, invoice processing, and approval workflows for European and global customers, overlapping Envoice's bill, receipt, and AP automation use cases.
Broad incumbents
- Bill.com: Bill.com is a scaled AP automation platform serving SMBs and mid-market with bill capture, approval, payments, and sync to QuickBooks/Xero - the broader-incumbent analog to Envoice's pre-accounting offering.
- Tipalti: Tipalti is a large AP/AR automation suite covering bill capture, approval, payments, and reconciliation, serving mid-market and enterprise customers with broader scope than Envoice.
- Xero: Xero is a leading cloud accounting platform with native bill capture and expense management features; it is also Envoice's key distribution partner via its app marketplace.
- QuickBooks Online: QuickBooks Online is Intuit's SMB accounting platform with expanding native bill/invoice features and the principal integration partner for Envoice's automated pre-accounting sync.
Emerging players
- Fiskl: Fiskl is an SMB-focused invoicing, expense, and pre-accounting platform with mobile capture - a smaller emerging player competing for similar SME and freelancer customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Envoice social profiles
Digital presenceEnvoice compliance and trust
Trust signalCompliance3 records
Envoice financial estimates
Financial estimateRevenue estimate
Valuation estimate
Envoice leadership team
Management profileNumber of profiles
Envoice funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Envoice M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Envoice
What does Envoice do?
Envoice is an AI-powered bill and expense management SaaS platform that automates pre-accounting processes for SMBs, accountants, and bookkeepers. It captures receipts and bills via mobile photo, email, or cloud storage, extracts data with AI (claimed 99.9% accuracy), automates GL coding, routes multi-step approvals, and syncs categorized documents to accounting software such as Xero, QuickBooks Online, and Microsoft Dynamics 365. The platform also supports Peppol e-invoicing and offers native iOS and Android apps.
Is Envoice a public or private company?
Envoice is a private company. It is classified as corporate owned and is currently acquired.
When was Envoice founded?
Envoice was founded in 2014. It employs 11 to 50 people.
Where is Envoice based?
Envoice is headquartered in London, United Kingdom, in the Europe region.
How does Envoice make money?
Two revenue lines are on record. Subscription fees are the primary driver. The others are free trial to paid conversion.
Who are Envoice's main competitors?
Direct peers on record are Dext, Pleo, Spendesk, Stampli and Rydoo. Broad incumbents are Bill.com, Tipalti, Xero and QuickBooks Online. Fiskl is listed as an emerging player.
Does Envoice have an API?
Yes. Envoice offers an API for developers to integrate with the Envoice platform. The API documentation is available via Stoplight. Developer documentation is at envoice.stoplight.io/docs/envoice-api.
What industry is Envoice in?
Envoice's product category is Accounting & Expense Management Software. Its primary akta.pro industry code is BPAAAGAB, Accounts Receivable (Invoicing, Cash Application, Deductions), with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 513210 and its SIC code is 7372.