Moss raises US$83.6mn in Series B funding round
Halfway to achieving unicorn status, the spend management startup has raised US$83.6mn in its latest Series B funding round. High profile investors included Valar Ventures and Tiger Global.
With this money, the startup wants to conquer the UK with its credit card and platform for holistic spend management, following its successful launch in the Netherlands. In addition to its expansion plans, the company has exciting product innovations in mind for spend controlling, liquidity planning, and accounting automation.
“There is a strong demand in the market to further digitise and automate financial processes and payments. With our solution, we want to help companies realise their full potential. This vision drives us and motivates us to constantly take Moss a step further,” commented Spittler.
Circula: The intelligent app for employee expenses
Founded in 2017 by Nikolai Skatchkov (CEO), Circula harnesses technology to allow organisations to get more value out of their time.
Merging expense management, payments, and employee benefits, Circula has created a truly employee-centric SaaS product to make employee finances easy.
Circula is backed by multiple leading investors including Alstin Capital, Capnamic Ventures, Storm Ventures, Peak, HW Capital, Wenvest Capital and Main Incubator.
Features:
- Expense report
- Automation
- Smart policies
- Paperless processes
- Automated compliance
- Customisation
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