How Much Did Payhawk Raise? Funding & Key Investors

Payhawk has successfully raised significant funding to support its mission of automating expense management for businesses. The platform offers a comprehensive suite of tools, including real-time expense tracking, AI-driven invoice processing, and seamless integration with existing systems.

Keep reading to explore the intricacies of Payhawk's fundraising journey and the investors backing this innovative platform.

What Is Payhawk?

Payhawk is a leading platform in the Financial Technology (FinTech) industry, designed to automate and manage corporate expenses. The platform offers a range of tools, including expense management, accounts payable, budget tracking, and procurement management.

With a global presence, Payhawk has offices in major cities such as New York, London, Berlin, Sofia, Barcelona, Paris, Amsterdam, and Vilnius. The platform integrates seamlessly with existing financial systems and leverages AI to automate data entry and reconciliation, providing real-time visibility and control over company spending.

How Much Funding Has Payhawk Raised?

1. Angel Round
   • Amount Raised: €150K
   • Date: October 2018
   • Lead Investors: -
2. Seed Round
   • Amount Raised: €500K
   • Date: February 2019
   • Lead Investors: Eleven Ventures
3. Seed Round
   • Amount Raised: €3M
   • Date: March 2020
   • Lead Investors: Bek Ventures
4. Series A
   • Amount Raised: $20M
   • Date: April 2021
   • Lead Investors: Hedosophia, QED Investors
5. Series B
   • Amount Raised: $115M
   • Date: November 2021
   • Lead Investors: Greenoaks
6. Series B
   • Amount Raised: $100M
   • Date: March 2022
   • Lead Investors: Lightspeed Venture Partners

In total, Payhawk has raised $235M in funding.

Key Investors

• Lightspeed Venture Partners
  • Details: Lightspeed Venture Partners is a global venture capital firm that focuses on early-stage investments. They have a strong track record of backing successful startups in various industries.
  • Investment Focus Areas: Technology, Enterprise, Consumer, Healthcare
  • Notable Investments: Snapchat, Affirm, MuleSoft
• Greenoaks
  • Details: Greenoaks is a venture capital firm that invests in technology companies at various stages of growth. They are known for their long-term investment approach and deep involvement with portfolio companies.
  • Investment Focus Areas: Technology, Consumer, Financial Services
  • Notable Investments: Robinhood, Stripe, Brex
• Hedosophia
  • Details: Hedosophia is a venture capital firm that partners with technology companies to help them scale. They focus on high-growth sectors and have a global investment reach.
  • Investment Focus Areas: Technology, FinTech, Consumer
  • Notable Investments: TransferWise, Farfetch, Deliveroo
• QED Investors
  • Details: QED Investors is a leading venture capital firm focused on investing in early-stage, disruptive financial services companies. They leverage their deep industry expertise to support their portfolio companies.
  • Investment Focus Areas: FinTech, Financial Services, Technology
  • Notable Investments: Credit Karma, SoFi, Avant
• Bek Ventures
  • Details: Bek Ventures is a venture capital firm that invests in early-stage technology companies. They focus on providing strategic support and capital to help startups grow.
  • Investment Focus Areas: Technology, FinTech, Enterprise
  • Notable Investments: Not publicly disclosed

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