Venture Capital News: Jeeves Pulls In $180M Series C Funding
2022-03-22
MIAMI, FL, Jeeves announced today that it has raised a $180 million Series C at a valuation of $2.1 billion.
Jeeves, the all-in-one corporate card and expense management platform for global startups, announced today that it has raised a $180 million Series C at a valuation of $2.1 billion. The Series C round, which closed in March 2022, comes just seven months after the company's Series B round.
This equity financing, which comes on the heels of recognition from Y Combinator's Top Companies of 2022, The Information's 50 Most Promising Startups of 2021, and FounderBeta's Top 100 Tech Companies to Watch for in 2022, was led by Tencent and includes participation from GIC, Stanford University, Andreessen Horowitz, CRV, Silicon Valley Bank, Clocktower Ventures, Urban Innovation Fund, Haven Ventures, Gaingels, Spike Ventures, the family offices of two FAANG founders, and Carlo Enrico, President of Latin America and the Caribbean for Mastercard.
Jeeves is an all-in-one corporate spend and expense management platform for businesses in global markets including Mexico, Colombia, Chile, Peru, Canada, the UK, and Europe. Cash, corporate cards and cross-border payments all run on the Jeeves proprietary infrastructure which allows companies to spin up their finance function within minutes. Jeeves can handle multiple currencies for payback. More than 3000 companies across the world trust Jeeves with their financial payment stack.
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