Divvy Overview
- Founded
- 2016
- Status
- Acquired/Merged
- Employees
- 443
- Latest Deal Type
- M&A
- Latest Deal Amount
- $2.3B
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
(Operating Subsidiary)
- 13707 South 200 West
- Suite 100
- Draper, UT 84020
- United States
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 |
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% |
Divvy Comparisons
Industry
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Request a free trialDivvy 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 |
Divvy Executive Team (9)
Divvy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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Request a free trialDivvy 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 |