Soldo Closes $180M Series C Funding

Funding Rounds

▤ Summary

The round was led by Temasek with participation from new investors Sunley House Capital, Advent International’s crossover fund, Citi Ventures and existing backers Accel, Battery Ventures, Dawn Capital, as well as Silicon Valley Bank for debt financing. The company intends to use the funds to accelerate international expansion across Europe’s addressable market of $170bn and product development. Led by Carlo Gualandri, CEO and Founder, and Mariano Dima, President, Soldo provides a pay and spend automation platform that gives businesses real-time visibility and cost control across all departments whether that is across travel and entertainment, online advertising, vendor management, software subscriptions, or anything else. In addition, the mobile app facilitates receipt and transaction capture right at the point of purchase. Customers include Mercedes Benz, GetYourGuide, Gymshark, Bauli, and Brooks Running.

$ Funding

$
Amount $180.4M Total raised
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Date July 20, 2021 Announcement date
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Investors - Lead investors
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Company http://www.soldo.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Finance Software Expense Management Software SaaS

▦ Linked Companies

Soldo
$50M to $100M