Divvy, founded in 2016, is a comprehensive financial platform designed to streamline corporate financial operations by eliminating the tedious chore of expense reports. The company’s slogan, "Gain complete control and real-time visibility into company spending while eliminating the hassle of expense reports," encapsulates its core mission.
Headquartered in Lehi, Utah, Divvy operates within the Financial Services, Fintech, Payments, Productivity, and SaaS industries. The platform offers real-time tracking of business transactions, enabling businesses to make strategic budgeting decisions and minimizing unnecessary financial losses.
Divvy successfully secured a $165.00M Series D investment as of 05 January 2021. This funding round saw participation from notable investors such as Acrew Capital, New Enterprise Associates, Insight Partners, Hanaco Ventures, Pelion Venture Partners, Schonfeld Strategic Advisors, Whale Rock Capital Management, Jonathan Weiner, and PayPal Ventures.
