Divvy

b2b fintechexpense management

FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 01/05/2020

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About

Divvy offers a turnkey solution for corporate expense tracking through mobile phones. It is a payments platform for businesses which helps them to automate the entire expense report process and manage monthly subscriptions.

Focus

PRODUCTS & SERVICES

The expense management solution helps businesses to manage payments & subscriptions, create strategic budgets, and eliminate expense reports. It generates a unique virtual card while processing payments for subscriptions and merchants.

REVENUE MODEL

The company offers services to customers free of charge. It earns revenue by charging interchange fees from merchants.

MAIN CLIENTS

Businesses

People

FOUNDERS

Blake Murray

Alex Bean

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Aaron Skonnard

Insight Venture Partners

Jeremy Andrus

Josh James

Pelion Ventures

Momentum

FUNDED

YES

TOTAL FUNDING

$52.5 M

DATE OF LAST FUNDING

Jul 2018

TOTAL FUNDING COMMENT

The company is planning to use the fund for expanding its operations(July2018).

SEED & PRIOR FUNDING

$7 M

SEED CLOSED ON

Dec 2017

FUNDING SERIES

SERIES A  · $10.5 M  · May 2018

SERIES B  · $35 M  · Jul 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2016

LOCATION:

United States

Views:

33 VISITORS | 61 VIEWS
LATEST FUNDING ROUND

$52.5 M

TOTAL EMPLOYEES
51-200

About

Divvy offers a turnkey solution for corporate expense tracking through mobile phones. It is a payments platform for businesses which helps them to automate the entire expense report process and manage monthly subscriptions.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
People+
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