Teampay's distributed spend management platform gives high-growth companies total control and real-time visibility over purchasing, while empowering employees with smart, policy-driven access to company spend. The company's SaaS product delivers a user-friendly workflow that aligns spenders and finance, collects critical data, integrates it into legacy systems, and provides safe, intelligent payments. As such, the platform solves the common problems of policy misalignment, lack of transparency, and unpredictable spending. Teampay was founded in 2016 and is headquartered in New York City.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
09/27/19 | $12,000,000 | Series A |
CrossCut Ventures Precursor Ventures Silicon Valley Bank Tribe Capital | undisclosed |
11/02/20 | $5,000,000 | Series A-1 Extension |
CrossCut Ventures Fin Venture Capital Precursor Ventures Tribe Capital | undisclosed |