Divvy, a Lehi, Utah-based provider expense management solution, raised $10.5m in funding.
The round was led by Pelion Ventures with participation from Josh James, CEO of Domo, Aaron Skonnard, CEO of Pluralsight, and Jeremy Andrus, CEO of Traeger Grills.
The company intends to use the funds to expand operations.
Led by Blake Murray, CEO, Divvy allows users to send and request funds, create virtual credit cards, manage team spending, and more. Since launching its product in January 2018, the platform has been used by tens of thousands of users and hundreds of companies.