Divvy Overview

  • Founded
  • 2016
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 443
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $2.3B
Latest Deal Amount

Divvy General Information

Description

Developer of a financial technology platform intended to modernize payment processes and expense management. The company's platform manages payments and subscriptions with integrated virtual and physical corporate credit cards tied to dynamic limits controlled by centrally managed budgets, thereby enabling businesses to eliminate fraud and wasteful spending.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Parent Company
Primary Office
  • 13707 South 200 West
  • Suite 100
  • Draper, UT 84020
  • United States
+1 (385) 000-0000
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Divvy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 01-Jun-2021 $2.3B 00.000 00.00 Completed Generating Revenue
7. Later Stage VC (Series D) 05-Jan-2021 00000 00.000 00.000 Completed Generating Revenue
6. Debt - General 06-Aug-2019 00000 000 Completed Generating Revenue
5. Later Stage VC (Series C) 30-Apr-2019 00000 00000 00000 Completed Generating Revenue
4. Debt - General 18-Jan-2019 00000 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 24-Jul-2018 0000 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 04-May-2018 $10.5M $17.5M 000.00 Completed Generating Revenue
1. Seed Round 13-Dec-2017 $7M $7M 0000 Completed Generating Revenue
To view Divvy’s complete valuation and funding history, request access »

Divvy Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D 0,000,000 00.000000 00 000.00 000.00 00 000.00 0.000
Series C 0,000,000 00.000000 00 000.00 000.00 00 000.00 00.000
Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Seed 2 4,443,420 $0.000100 6% $1.24 $1.24 1x $1.24 9.94%
Seed 1 4,159,610 $0.000100 6% $1.24 $1.24 1x $1.24 9.31%
To view Divvy’s complete cap table history, request access »

Divvy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a financial technology platform intended to modernize payment processes and expense management. The company
Financial Software
Draper, UT
443 As of 2021
00.000
0.00 0000-00-00
000000&0 00.000

0000 (00

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000000000 00000000
New York, NY
000 As of 0000
00000
00 0000-00-00
0000000000 0

0000

sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna a
000000000 00000000
Copenhagen, Denmark
000 As of 0000
00000
0.00 0000-00-00
00000000000 00000
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Divvy Competitors (53)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ramp (Financial Software) Venture Capital-Backed New York, NY 000 00000 0000000000 0
0000 Venture Capital-Backed Copenhagen, Denmark 000 00000 00000000000 00000
0000 Venture Capital-Backed San Francisco, CA 0000 00.000 00000000000 00.000
0000000 Venture Capital-Backed Surry Hills, Australia 00 0000 00000000000 0000
00000 Venture Capital-Backed Dublin, Ireland 000 000.00 00000000000 000.00
You’re viewing 5 of 53 competitors. Get the full list »

Divvy Executive Team (9)

Name Title Board Seat Contact Info
Blake Murray Co-Founder & Chief Executive Officer
Blakely Cragun Chief Financial Officer
Sterling Snow Chief Revenue Officer
Chuck Grahmann Chief Risk Officer
Alex Bean Co-Founder & Chief Business Officer
You’re viewing 5 of 9 executive team members. Get the full list »

Divvy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Divvy Former Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Aaron Skonnard Angel (individual) Minority 000 0000 000000 0
Acrew Capital Venture Capital Minority 000 0000 000000 0
Album VC Venture Capital Minority 000 0000 000000 0
Aries Capital Partners PE/Buyout Minority 000 0000 000000 0
Hanaco Venture Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 13 investors. Get the full list »