Elephant led a $55m Series A round in Stavtar Solutions.

Elephant, a venture capital firm, led a $55m Series A round in Stavtar Solutions, a provider of business spend management and expense allocation SaaS solutions. "We built Stavtar to fix what we could not ignore – outdated, manual, disconnected financial workflows holding back high-performing teams. Our partnership with Elephant empowers us to focus on what matters most – delivering innovative, enterprise-grade solutions to our clients. We are excited to grow faster, go further, and continue pushing the boundaries of what is possible in software for complex businesses," Steven Petersen, Stavtar Co-Founder.