4. Divvy $200M
Round: Series C
Description: Lehi-based Divvy helps businesses manage payments and subscriptions, build strategic budgets, and eliminate expense reports. Founded by Alex Bean and Blake Murray in 2016, Divvy has now raised a total of $252.5M in reported equity funding and is backed by investors that include Insight Partners, New Enterprise Associates, Peak Ventures, Pelion Venture Partners, and Waterfall Asset Management.
Industry: Apps, Financial Services, Payments, Software
Founders: Alex Bean, Blake Murray
Founding year: 2016
Total equity funding raised: $252.5M
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