Divvy logo
Founded 2016

Divvy

2020 Revenue

$10.0M

YOY

Funding

$252.5M

Overview

About Divvy

Divvy software gives you complete control and real-time visibility into company spending while eliminating the hassle of expense reports. Divvy is a secure financial platform for businesses to manage payments and subscriptions, build strategic budgets, and eliminate expense reports. By integrating real-time tracking for every business transaction, Divvy provides organizations with instant insight into their spend. With Divvy, you can make informed cash flow decisions, curb losses before they happen, and never have to save a receipt again. The company was founded in 2016 and is based in Lehi, Utah.

Monthly Revenue

$833.3K

Total Expenses

$833.3K

=
Net Income

($1.0)

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

LehiUtahUnited States

Divvy Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Divvy revenue run rate hit $10.0M in revenue.

$10.0M

Funding History

Divvy has raised $252.5M.

Funding DateRoundTotalValuation
08/27/2020$252.5M$800.0M
04/30/2019$200.0M
07/04/2018$35.0M
05/04/2018$10.5M
12/13/2017$7.0M

Customers

Divvy has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Divvy has an annual churn rate of 0%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Divvy has 250 employees.

2020
DistributionQty

Other

250

Engineers

0

Quota Carrying

0

CEO/Founder

Alex Bean


CEO Q&A

What's your age?

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Favorite online tool?

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Favorite book?

-

Favorite CEO?

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Advice for 20 year old self

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Frequently Asked Questions about Divvy

When was Divvy founded?

Divvy was founded in 2016.


Who is the CEO of Divvy?

The CEO of Divvy is Alex Bean


How many employees does Divvy have?

Divvy has 250 employees.

How much revenue does Divvy generate?

Divvy generates $10.0M in revenue.


How much funding does Divvy have?

Divvy has raised $252.5M.


Where is Divvy headquarters?

Divvy is headquartered at LehiUtahUnited States

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