Divvy

Acquired

Expense management software that powers smart company cards

Lehi, United States · Founded 2016 · $415.5M raised

Headquarters
Lehi, Utah
Employees
1001–5000
Founded
2016
Business Model
B2B
Total Funding
$415.5M
Last Round
$165.0M Series DJan 2021
Rounds
5

About

Divvy, now integrated into BILL Spend & Expense, is a comprehensive platform offering smart company cards, AI-powered expense management, real-time spend tracking, automated categorization, and seamless integrations with accounting software like QuickBooks and NetSuite. It enables businesses to control budgets, issue virtual and physical cards with limits, capture receipts instantly via mobile app, and ensure compliance with predictive fraud detection and audit-ready trails.

Summary

Divvy is a Financial Services company based in Lehi, United States, founded in 2016. It has raised $415.5M in total across 5 rounds, most recently a $165.0M Series D round in Jan 2021.

Tech & App Stack

12 technologies & apps tracked

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Funding History

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Series DSeries DJan 2021
$165.0M

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Seed through Series D — per-round amounts, valuations, and who invested in each round.

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