Divvy utah software#
Divvy utah series#

Those future pathways could include some interesting collaborations with new investor PayPal, which counts over 300 million account holders worldwide. The company reports a 500% increase in monthly sign-ups since March 2020.ĭivvy said the new funding, which brings the company’s total raise to date north of $400 million, will help fuel product development and engineering efforts to accelerate “future road maps.” We’re fortunate to be able to build for companies of all sizes and we’re grateful to everyone who has helped us get here.”ĭivvy said it’s seen stellar growth even amid the tough economic conditions wrought by restrictions and impacts of the COVID-19 pandemic.

Divvy utah software#

“We’re not just building for tech startups - we help businesses across the country by providing the capital and financial software they need to thrive. “The best in every vertical choose Divvy,” Murray said in a statement. The $1.6 billion figure puts Divvy easily past the $1 billion mark that’s become the delineator for privately held “unicorn” tech companies.ĭivvy CEO Blake Murray said while the company boasts some heavy-hitting tech interests among its list of clients - now numbering over 10,000 - the platform works for businesses in any sector and of any size. Divvy earns its money on the banking side of its transactional system.Īlong with Tuesday’s funding announcement, the company released its first valuation.

Divvy utah series#

The Series D round includes new investments from Hanaco Ventures, PayPal Ventures, Schonfeld Strategic Advisers and Whale Rock Capital Management along with participation from previous investors Acrew Capital, Insight Venture Partners, NEA and Pelion Venture Partners.ĭivvy launched in 2016 as an expense management tool but has since evolved into a multifunction platform that includes invoicing automation and smart corporate credit cards to help businesses oversee the spending side of their operations. and DivvyPay LLC.DRAPER - Business financial technology innovator Divvy has continued its stellar growth arc even amid pandemic conditions and on Tuesday announced a fresh $165 million in funding along with a valuation that’s vaulted the company into a rarefied realm. The data presented on this page does not represent the view of Divvy and its employees or that of Zippia.ĭivvy may also be known as or be related to Divvy, Divvy, Inc. None of the information on this page has been provided or approved by Divvy. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Divvy. Zippia gives an in-depth look into the details of Divvy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Divvy. The Organization’s Mission Com AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. Divvy is a medium finance company with 375 employees and an annual revenue of $6.0M that is headquartered in Utah. Some of its highest paying competitors, Challenger Enterprises, Inc., CLS, and The Unlimited, pay $61,415, $49,858, and $38,861, respectively. The average employee at Divvy makes $53,438 per year, which is competitive for its industry and location. Despite its youth, Divvy has already established itself as a great place to work and is on Zippia's list of Best Companies to Work for in Riverton, UT. This emerging company loves to hire graduates from University of Illinois at Chicago, with 16.7% of its employees having attended University of Illinois at Chicago. Divvy bikes can be rented from and returned to any station in the system, creating an efficient network with many start and end points. The system consists of a fleet of specially designed bikes that are locked into a network of docking stations located throughout a city. It was launched with an intention to provide Chicagoans with an additional transportation option for getting around the city. Divvy is a bicycle sharing system that operates in Chicago.