Mod AI
Fall 2025 · Active
AI Agents for Accounts Payable
Founded: 2025
Team size: 4
Industries:
About
Mod AI helps enterprises automate their accounts payable with AI agents. Our agents imitate AP clerks, handling vendor communication, fraud detection, advanced GL coding + 3-way matching, and exceptions.
In just 49 days, we built a compliant platform from scratch and closed 6 enterprise contracts ($165k cARR), helping customers reduce labor costs by 83%. 4 of these customers are also participating in our seed round!
Evan & Jeet are previous founders from LinkedIn, Amazon, and Adyen, that met studying CS at UIUC.
Founders
Evan MeyerFounder/CEO
CEO @ Mod AI Studied CS + Stats at UIUC and worked in data, ML, AI at LinkedIn and a couple of startups.
Sunjeet ChughFounder and CTO
CTO @ Mod AI (F25). Studied CS & Statistics @ UIUC, previously worked on distributed systems and AI agents at Amazon, Adyen, and a consulting firm.