Center, a Bellevue, WA-based expense management software company, raised $30M in Series C funding.
The round, which brought total funding to over $140M, was led by Top Tier Capital Partners with participation from existing investor Durable Capital Partners.
The company intends to use the funds to accelerate innovation, broaden distribution, and drive to profitability.
Led by CEO Naveen Singh, Center is a software company developing corporate card, travel, and employee expense management with one integrated solution. Its card and connected software gives businesses real-time visibility into all employee spending, automates traditional expensing and accounting tasks, simplifies travel booking, and provides finance teams with the controls and data needed for optimal decision making. With a usage-based business model requiring no upfront investment, its card-first experience combines self-service configurability with deployment to ensure customer success.
FinSMEs
05/12/2023