Announced
Completed
Financials
Sources
Tags
United States
Cross Border
Digital Services
Venture Capital
Private Equity
expense management platform
Completed
Private
Friendly
enterprise resource planning
Minority
Acquisition
Single Bidder
Synopsis
Tencent, a Chinese multinational technology and entertainment conglomerate, led a $180m Series C round in Jeeves, the all-in-one corporate card and expense management platform for global startups, with participation from GIC, Stanford University, Andreessen Horowitz, CRV, Silicon Valley Bank, Clocktower Ventures, Urban Innovation Fund, Haven Ventures, Gaingels and Spike Ventures. "While we are in one of the toughest environments for startup funding this year, we are excited in the trust investors have, not only in Jeeves but in growing businesses who will be able to use our financial products globally," Dileep Thazhmon, Jeeves CEO and Founder.
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