Tech Company Financing Transactions

Divvy Funding Round

Pelion Venture Partners and private investors participated in a $10.5 million Series A capital raise for Divvy. The round was announced by the company on 5/5/2018.

Transaction Overview

Company Name
Announced On
5/5/2018
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series A
Investors

Pelion Venture Partners (Lead Investor)

private investors (Aaron Skonnard)

private investors (Jeremy Andrus)

private investors (Josh James)

Proceeds Purpose
The company raised funds to increase the growth rates of the already fast growing expense management company.

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


 

 

Browse more venture capital transactions:

Prev: 5/5/2018: Talix venture capital transaction
Next: 5/5/2018: StratiFi Technologies venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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