Total amount raised
$239.1 Million
Latest funding date
2022-03-01
Location
Payhawk offers a comprehensive suite of tools for managing corporate expenses, including real-time control of spend, automated expense management, and accounting automation. The platform integrates seamlessly with existing financial systems, providing businesses with efficient and streamlined expense management solutions.
Keep reading to explore the intricacies of Payhawk's fundraising journey and the investors backing this innovative platform.
What Is Payhawk?
Payhawk is a FinTech company that provides a comprehensive platform for managing corporate expenses and business credit cards. Their solutions include real-time expense management, automation of accounting processes, and integration with existing financial systems.
With offices in New York, London, Berlin, München, Sofia, Barcelona, Paris, Amsterdam, and Vilnius, Payhawk serves a global market. The company offers tools for budget tracking, multi-entity management, and AI-powered workflow orchestration, aiming to streamline financial operations for businesses.
How Much Funding Has Payhawk Raised?
- Angel Round
- Amount Raised: USD 150,000
- Date: October 2018
- Seed Round
- Amount Raised: USD 565,000
- Date: February 2019
- Lead Investors: Eleven Ventures
- Seed Round
- Amount Raised: USD 3,300,000
- Date: March 2020
- Lead Investors: Bek Ventures
- Series A
- Amount Raised: USD 20,000,000
- Date: April 2021
- Lead Investors: Hedosophia, QED Investors
- Series B
- Amount Raised: USD 115,000,000
- Date: November 2021
- Lead Investors: Greenoaks
- Series B
- Amount Raised: USD 100,000,000
- Date: March 2022
- Lead Investors: Lightspeed Venture Partners
Payhawk has raised a total of USD 238,015,000 across all funding rounds.
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 presence in the technology sector and have backed numerous successful startups.
- Investment Focus Areas: Technology, Enterprise, Consumer, Healthcare, FinTech
- Notable Investments: Snap, Affirm, MuleSoft
- Greenoaks
- Details: Greenoaks is a venture capital firm that invests in technology companies across various stages. They are known for their long-term investment approach and significant involvement in their portfolio companies.
- Investment Focus Areas: Technology, Consumer, FinTech, Enterprise
- Notable Investments: Robinhood, Stripe, Brex
- Hedosophia
- Details: Hedosophia is a venture capital firm that partners with innovative companies in the technology sector. They focus on providing strategic support and capital to help companies scale.
- Investment Focus Areas: Technology, FinTech, Consumer, Enterprise
- 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 have a strong track record of backing successful FinTech startups.
- 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 capital and strategic guidance to help startups grow.
- Investment Focus Areas: Technology, FinTech, Enterprise
- Notable Investments: Not publicly disclosed
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