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📍 San Francisco👥 85
92
Post-Funding
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Just raised $40M Series B - high purchase intent window

Itlite Secures $29M To Automate Corporate Expensing Workflows

Apr 14, 2022over 3 years ago

Amount Raised

$29 Million

Bengaluru

Description

For the bulk of the past two years, the pandemic has put the kibosh on corporate travel of nearly any kind. This has dampened investors’ enthusiasm in travel and expense (T&E) startups, predictably, whose expertise lies in creating software for travel and other forms of expensing. But as the appetite for in-person events and interactions returns to what it once was, T&E is again becoming a category of interest.

Company Information

Company

Itlite

Location

Bengaluru, Karnataka, India

FundzWatch™ Score

84
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech