Tech Company Financing Transactions

Divvy Funding Round

On 5/1/2019, Divvy raised $200 million in Series C funding from New Enterprise Associates, Insight Venture Partners and Pelion Venture Partners.

Transaction Overview

Company Name
Announced On
5/1/2019
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series C
Investors

New Enterprise Associates (Lead Investor) (Scott Sandell)

Insight Venture Partners (Jeffrey Lieberman)

Pelion Venture Partners

Proceeds Purpose
The new investment will allow Divvy to accelerate product development and customer growth, while further refining the company's smart money payment and expense platform.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
13707 S 200 W 100
Draper, UT 84020
USA
Email Address
Overview
Divvy helps businesses manage payments and subscriptions, build strategic budgets, and eliminate expense reports.
Profile
Divvy LinkedIn Company Profile
Social Media
Divvy Company Twitter Account
Company News
Divvy News
Facebook
Divvy on Facebook
YouTube
Divvy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Blake Murray
  Blake Murray LinkedIn Profile  Blake Murray Twitter Account  Blake Murray News  Blake Murray on Facebook


 

 

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