Total amount raised
$120 Thousands
Latest funding date
07/01/2019
Location
Emburse offers a suite of travel and expense management solutions designed to streamline financial processes and enhance business efficiency. The platform includes features such as payments, AP automation, and analytics, all aimed at helping businesses plan for the future.
Keep reading to explore the intricacies of Emburse's fundraising journey and the investors backing this innovative platform.
What Is Emburse?
Emburse specializes in travel and expense management software solutions designed to help businesses innovate and plan for the future. Their offerings include expense management, travel management, payments, AP automation, analytics, and audit solutions.
Emburse emphasizes innovation, customer success, and security, and has received multiple industry awards for its products. The company also introduces new technologies like Emburse AI to enhance the efficiency and accuracy of finance teams.
How Much Funding Has Emburse Raised?
- Seed Round
- Amount Raised: $120K
- Date: March 2016
- Lead Investors: Y Combinator
- Private Equity Round
- Date: July 2019
- Lead Investors: K1 Investment Management
Emburse has raised a total of $120K in funding.
Key Investors
- Y Combinator
- Details: Y Combinator is a well-known startup accelerator that has funded over 2,000 startups since its inception in 2005. It provides seed funding, advice, and connections to help startups grow.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Airbnb, Dropbox, Reddit
- K1 Investment Management
- Details: K1 Investment Management is a private equity firm that specializes in investing in high-growth enterprise software companies. They focus on partnering with management teams to build category-leading businesses.
- Investment Focus Areas: Enterprise Software, SaaS, Technology
- Notable Investments: Apttus, Smarsh, Buildium
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