Divvy

A secure financial platform for businesses to manage payments and subscriptions, build strategic budgets, and eliminate expense reports.

Launch date

2016

Employees

Market cap

Enterprise valuation

€2.3b (Public information from May 2021)

Lehi Utah (HQ)

Revenues, earnings & profits over time

EUR	2023
Revenues	400m

Date	Investors	Amount	Round
Dec 2017	Threshold Ventures Caffeinated Capital HVF Labs	$7.0m	Seed
May 2018*	Aaron Skonnard Pelion Venture Partners Josh James	$10.5m	Series A
Jul 2018	Insight Partners Pelion Venture Partners	$35.0m Valuation: $173m	Series B
Oct 2018	Andreessen Horowitz Threshold Ventures SciFi VC Caffeinated Capital	$10.0m	Series A
Jan 2019*	Waterfall Asset Management	$250m	Lending Capital
May 2019	Insight Partners New Enterprise Associates Pelion Venture Partners	$200m Valuation: $700m	Series C
Sep 2019	Andreessen Horowitz GIC Max Levchin Caffeinated Capital	$43.0m	Series B
Jan 2021	Insight Partners PayPal New Enterprise Associates Pelion Venture Partners Hanaco Venture Capital Whale Rock Capital Management ACrew Capital Schonfeld Strategic Advisors	$165m Valuation: $1.6b	Series D
May 2021	BILL	$2.5b Valuation: $2.5b	Acquisition
Total Funding		€428m

Tech stackLearn more about the technologies and tools that this company uses.

Financials