
Center
Enlightened expense management for finance-forward companies.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 Valuation: €0.0 | round | |
investor investor | €0.0 Valuation: €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 62 % | 100 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Center is a financial technology startup that offers a comprehensive corporate card and expense management solution. The company primarily serves businesses that need to streamline their employee spending and expense management processes. It operates in the financial technology market, providing a unique solution that combines a corporate card with an automated expense management system.
Center's business model revolves around its CenterCard Mastercard, which is more than just a corporate card. It captures spend as it happens and automates the entire expense process from start to finish. This solution is designed to be fast and intuitive, saving businesses significant time on month-end close and boosting compliance. It also provides real-time data, which can help businesses make more data-driven decisions.
The company makes money by offering its corporate card and expense management solution to businesses. The value proposition is clear: by using Center, businesses can reduce the time spent on month-end close, eliminate the need to chase down receipts, and gain access to real-time data that can inform better decision-making.
Center's solution is also designed to be easy to implement, with a best-in-class deployment experience that ensures a smooth and seamless rollout at no cost to the client. This further enhances the value proposition and makes Center an attractive option for businesses looking to improve their expense management processes.
Keywords: Financial Technology, Corporate Card, Expense Management, Real-Time Data, Data-Driven Decision Making, Streamlined Spending, Compliance, Easy Implementation, Month-End Close, Automated Expense Process.