Expense Management Software Company Center Raises Additional $15M In Series B Bringing Total Capital Raised To More Than $110M

Oct 26, 2022•about 3 years ago

Amount Raised

$15 Million

Round Type

series b

BellevueSoftware

Description

Center, a software company helping businesses gain visibility into and manage employee spending, today announced it has completed its series B funding round with an additional $15 million from existing investors. On the heels of funding, Center also appointed travel industry innovator and CLEAR Co-Founder and President, Ken Cornick, to its Board of Directors. Cornick joins fintech luminary and former Concur Founder and CEO Steve Singh, who currently serves as Executive Chairman and Co-Founder of Center. Fiscal discipline and intentional growth have enabled Center to garner and uphold positive business momentum, weathering the headwinds of economic uncertainty and a turbulent fundraising landscape.

Company Information

Company

Center

Location

500 108th Avenue NE, Suite 2150

Bellevue, Washington, United States

About

Center is a software company helping businesses gain visibility into and manage employee spending. Our leadership shaped the first wave of spend management innovation, and created Center to deliver a more cost-effective and modern way to automate expense processing for mid-market companies. Center Expense, our core offering, is an integrated corporate card and expense solution used by small and medium-sized enterprises to save time, improve operations and compliance, and deliver real-time insights to finance teams for better decision making. Center is a privately held company headquartered in Bellevue, WA with team members nationwide. For more information, please visit getcenter.com.

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Expense Management Software Company Center Raises Additional $15M In Series B Bringing Total Capital Raised To More Than $110M

Description

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