Covinly was built by a team that spent years watching companies lose thousands to duplicate payments, vendor fraud, and manual AP processes. We decided to fix it.
These principles guide every feature we build and every decision we make.
Every invoice verified in under 10 minutes. We obsess over performance because your time is money — literally.
94%+ extraction accuracy and zero false negatives on duplicate detection. We'd rather flag too many than miss one.
We build for AP managers, controllers, and CFOs who deal with real invoices every day. Not for demos.
Every verification decision comes with a clear explanation. No black boxes. You always know why an invoice was flagged.
Covinly incorporated in Delaware. First AI model trained.
Launched publicly. 100 companies onboarded in first quarter.
Raised funding to build out construction-specific modules.
Crossed half a million invoices processed through the platform.
847K+ invoices verified. $12M+ in duplicates caught.
Join 800+ companies that trust Covinly to catch duplicate payments, verify vendors, and automate their AP workflow.