Announced

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Lightspeed Venture Partners led a $100m financing round in Payhawk.

Synopsis

Lightspeed Venture Partners, a global venture capital firm, led a $100m financing round in Payhawk, the payment and expense solution company, with participation from Sprints Capital, Endeavor Catalyst, HubSpot Ventures, Jigsaw VC and Earlybird Venture. “Payhawk is more than just spend management software. It’s a one stop-shop for finance teams to consolidate the previously disparate systems required to spend, track, process, and budget corporate funds. After getting to know the team for over a year, we've been blown away with their pace of product development, building the most comprehensive solution in the market in less than four years,” Arsham Memarzadeh, Lightspeed Venture Partner.

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