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Divvy Raises $200M In Third Funding Round In Less Than A Year

by businessinsider.com posted 3months ago 18 views
Divvy, a platform for tracking business expenses, closed $200 million in Series C funding Tuesday. NEA led the round, the company's third in less than a year. It has raised $245.5 million since 2017. Existing investors Pelion Venture Partners and Insight Venture Partners also participated in Tuesday's round. The company has added 3,000 business partners on its platform since January 2018 and is adding "hundreds more every month," Divvy cofounder and CEO Blake Murray told Business Insider. Visit Business Insider's homepage for more stories. Call it the Salesforce effect.

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