Divvy revenue hit $100M in 2024

Divvy generates revenue from 10000 customers

Divvy

Draper, Utah, United States

How did Latka collect this data?

Latka collected this data by interviewing Divvy CEO Blake Murray on May 4, 2021

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Divvy hit $100M revenue and 10K customers in 2021.

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. Divvy is a platform that helps businesses manage payments and subscriptions, build strategic budgets, and eliminate expense reports

Founded

2016

Founded

Revenue

$100M

2021 Revenue

YOY

92.86%

YOY

Funding

$417.5M

Funding

Divvy Revenue

In 2021, Divvy revenue run rate hit $100M in revenue.

  • 2021

    Divvy hit $100M in revenue in 2021

  • 2019

    Divvy hit $35M in revenue in 2019

  • 2016

    Divvy launched in 2016 with $0 revenue

Divvy Funding History

  • 2021 Acquired

    Divvy raised a Acquired of in May, 2021

  • 2021 Series D

    Divvy raised a Series D of in January, 2021

  • 2020

    Divvy raised a of in August, 2020

  • 2019 Series C

    Divvy raised a Series C of in April, 2019

  • 2018 Series B

    Divvy raised a Series B of in July, 2018

  • 2018 Series A

    Divvy raised a Series A of in May, 2018

  • 2017 Seed Round

    Divvy raised a Seed Round of in December, 2017

FUNDING DATE ROUND AMOUNT VALUATION
May, 04 2021 Acquired
January, 01 2021 Series D
August, 27 2020
April, 30 2019 Series C
July, 04 2018 Series B
May, 04 2018 Series A
December, 13 2017 Seed Round

Team

Divvy has 250 total employees. They have 10,000 customers

DISTRIBUTION QTY
Total team size 250

Founder / CEO

Blake Murray

Q&A

  • What's your age?

    37

  • Favorite online tool?

    OneNote

  • Favorite book?

    John Iger

  • Favorite CEO?

    Naval Ravinkat

  • Advice for 20 year old self

    -

Customers

Churn

Divvy Executives

Name Position Working Email Personal Email
Blake Murray CEO [email protected] -

Divvy Employees

Name Position Working Email Personal Email
Blake Murray CEO [email protected] -

Frequently Asked Questions about Divvy

  • When was Divvy founded?

    Divvy was founded in 2016.

  • How much revenue does Divvy generate?

    Divvy generates $100M in revenue.

  • Who is the CEO of Divvy

    The CEO of Divvy is Blake Murray.

  • How much funding does Divvy have?

    Divvy raised $417.5M.

  • How many employees does Divvy have?

    Divvy has 250 employees.

  • Where is Divvy headquarters?

    Divvy is headquartered at Draper, Utah, United States

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