Bill com divvy software#

We have a shared passion for helping SMBs succeed and both companies are driving our customersвЂ™ digital transformations.

We are excited to work with the talented Divvy team. Our expanded platform will provide more automation and real-time information to SMBs, enabling them to make more informed decisions. вЂњCustomers have been asking us to help them with their spend management, and I am excited that together with Divvy, we can deliver on that ask, furthering our vision to transform SMB financial operations. вЂњSince founding, I have been driven by the desire to build solutions that make a real difference for small and mid-sized businesses,вЂќ said RenГ© Lacerte, CEO and Founder. Amazing to think the company went from wireframes in 2016 to a $2.5bn exit five years later.вЂќ вЂњThe company had no working product or employees yet. вЂњI remember being pulled into a meeting early in the morning at SVB to listen to a founder show some wireframes and talk about their idea,вЂќ says Garcia in a LinkedIn post. Jason Garcia left Silicon Valley Bank to join Divvy as their head of Business Development, a role he held till March of last year.

Bill com divvy software#

You will prospect leads and introduce Divvys software platform as an extension to their service with. This position and team will be working out of Divvy HQ primarily but will be under the employment of. Today IвЂ™m proud that Divvy is joining to bring the one-stop-shop platform that our customers and the market have been asking for.вЂќ Divvy, as a subsidiary of, has developed a cross-sell team to expand Divvys product to customers. As we listened to our customers, we heard them ask for a comprehensive payments platform so that they donвЂ™t have to use multiple software systems to manage their finances. вЂњAt Divvy, our customers are our true north, and they always have been.

вЂњWe are excited to be joining forces with to help SMBs grow and thrive by modernizing and transforming their financial operations,вЂќ said Blake Murray, Divvy CEO and Co-Founder. Utah investors in Divvy include Album Venture Partners, Pelion Ventures Partners, Josh James of DOMO, and Aaron Skonnard of Pluralsight. The deal entails a stock and cash transaction valued at approximately $2.5 billion, and pending regulatory approval, should finalize by October. Divvy, the Draper Utah based fintech startup helping employers manage company spending, is being acquired by, the San Jose based leader in cloud-based software to automate back-office financial operations.