Remove category integration-with-salesforce-and-workday
article thumbnail

SMB Cards & Spend Management Profile: Divvy (Bill.com)

Fintech Labs Insights

Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.3 billion exit in just 4.5 While several companies have reached $2.3B+ valuations in that time ( see Appendix ), few, if any have actually cashed in so quickly. billion in a cash ($665 million) and stock ($1.65 billion (as of July 2023).

article thumbnail

SMB Cards & Spend Management Profile: Divvy (unit of Bill.com)

Fintech Labs Insights

Divvy is one of the biggest fintech success stories of the 2020s. Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.5 billion exit in just 4.5 While several companies have reached $2.5B+ valuations in that time (see appendix), few, if any have actually cashed in so quickly. billion today.