Story Capital completed the investment in SpendLab.

Story Capital, an investment firm that seeks to create enduring technology enterprises, completed the investment in SpendLab, an AI-enabled accounts payable auditing and recovery platform. Financial terms were not disclosed. "SpendLab represents the epitome of innovation and leadership in the accounts payable category. We are thrilled to support SpendLab’s trailblazing path towards a global technology powerhouse, and delivering unparalleled value to customers worldwide," Shuo Zheng, Story Capital General Partner.