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Venture Capital News: Center Scores $30M Series C Round

2023-12-09
BELLEVUE, WA, Center, a software company modernizing expense management, today announced a $30 million Series C fundraise.
Funds from the Series C round will be used to accelerate innovation, broaden distribution, and drive to profitability. The round comes on the heels of Center's integrated travel and expense launch, reinforcing the company's mission to transform spend management with a card-first approach, usage-based pricing model, and expanded product offerings. The business has continued to scale with +64% customer growth year-over-year.

Center is a software company modernizing corporate card, travel, and employee expense management with one integrated solution. Our corporate 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, our card-first experience combines self-service configurability with first-class deployment to ensure customer success.
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