OverviewSuggest Edit

Divvy is a financial technology company focused on payment processes and expense management. It provides a payment platform for business that automates the expense report process and delegates the payment process. The company also offers a virtual card - a unique 16-digit card number that’s digitally-generated and tied to a client's account. The client can use a virtual card for online payments.

TypePrivate
Founded2016
HQRiverton, UT, US
Websitegetdivvy.com
Employee Ratings4.5
Overall CultureA

Latest Updates

Employees (est.) (Sept 2021)517(+2%)
Revenue (Y, 2019)$8 M
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Divvy

Blake Murray

Blake Murray

Founder and CEO
Alex Bean

Alex Bean

Co-Founder and CBO
Woody Klemetson

Woody Klemetson

Vice President of Sales
Pieter van Ispelen

Pieter van Ispelen

VP, Data Science
Gregory Larson

Gregory Larson

SVP Engineering
Lyndsay Anderson

Lyndsay Anderson

Head of Compliance and Risk Operations
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Divvy Office Locations

Divvy has an office in Riverton
Riverton, UT, US (HQ)
13707 S 200 W #100
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Divvy Financials and Metrics

Summary Metrics

Founding Date

2016

Divvy total Funding

$417.5 m

Divvy latest funding size

$165 m

Time since last funding

9 months ago

Divvy investors

Divvy's latest funding round in January 2021 was reported to be $165 m. In total, Divvy has raised $417.5 m. Divvy's latest valuation is reported to be $1.7 b.
View all funding rounds

Divvy Revenue

Divvy's revenue was reported to be $8 m in Y, 2019
USD

Revenue (Y, 2019)

8.0m

Market valuation

1.7b
USDY, 2019E

Revenue

8.0m
USDY, 2019

Revenue/Employee

47.8k
Show all financial metrics

Divvy Operating Metrics

Divvy's Enterprise Customers was reported to be 3 k in Apr, 2019.
Jul, 2018Apr, 2019

Enterprise Customers

7003 k
Show all operating metrics

Divvy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Divvy Online and Social Media Presence

Embed Graph

Divvy Company Culture

  • Overall Culture

    A

    89/100

  • CEO Rating

    A+

    95/100

  • Compensation

    B

    82/100

  • Diversity

    A+

    96/100

Learn more on Comparably

Divvy News and Updates

TravelPerk partners with Divvy to bring best in class travel and expense experience to U.S. business travelers

CHICAGO, June 29, 2021 /PRNewswire/ -- TravelPerk, the largest global business travel management platform, announced today a new partnership with Divvy, the leading spend and expense management platform to bring the best business travel and expense management experience on the planet....

Stax Joins Forces With Divvy Through New Referral Partnership

The leading expense management platform will now refer businesses looking to upgrade their payments experience to Stax’s subscription-based, industry-leading technology

Aleafia Health’s Everyday Cannabis Brand Divvy Launches Large Format Dried Flower Portfolio

TORONTO, June 10, 2021 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), today announced the continued expansion of its dried flower portfolio with the launch of four new large format offerings under its everyday cannabis brand Divvy. The new prod…

Bill.com makes major acquisition play with $2.5 billion purchase of Divvy

Summary List PlacementThe cloud-based software provider for small and medium-sized businesses (SMBs) acquired accounting fintech Divvy for $2.5 billion in a stock and cash transaction, per a press release. The deal is expected to close by the end of September and is subject to regulatory approvals a…

In $2.5B fintech deal, Bill.com to acquire corporate credit card startup Divvy

Corporate finance software provider Bill.com LLC has signed a $2.5 billion deal to acquire DivvyPay Inc., better known as Divvy, whose cloud service enables companies to issue business credit cards to their employees. Publicly traded Bill.com said on Thursday that it’s financing the transaction wit…
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Divvy Blogs

How To Use Corporate Cards To Maximize Cash Flow

The post How To Use Corporate Cards To Maximize Cash Flow appeared first on Divvy.

How To Open A Business Bank Account

The post How To Open A Business Bank Account appeared first on Divvy.

Will your business be able to afford rental cars this year?

The post Will your business be able to afford rental cars this year? appeared first on Divvy.

Is working remotely actually saving your business money?

The post Is working remotely actually saving your business money? appeared first on Divvy.

Patriot payroll review

The post Patriot payroll review appeared first on Divvy.

What is a prepaid or stored value card?

The post What is a prepaid or stored value card? appeared first on Divvy.
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Divvy Frequently Asked Questions

  • When was Divvy founded?

    Divvy was founded in 2016.

  • Who are Divvy key executives?

    Divvy's key executives are Blake Murray, Alex Bean and Woody Klemetson.

  • How many employees does Divvy have?

    Divvy has 517 employees.

  • What is Divvy revenue?

    Latest Divvy annual revenue is $8 m.

  • What is Divvy revenue per employee?

    Latest Divvy revenue per employee is $15.5 k.

  • Who are Divvy competitors?

    Competitors of Divvy include CURO, Happy Money and Teampay.

  • Where is Divvy headquarters?

    Divvy headquarters is located at 13707 S 200 W #100, Riverton.

  • Where are Divvy offices?

    Divvy has an office in Riverton.

  • How many offices does Divvy have?

    Divvy has 1 office.