Center

Center

Corporate card and expense management solution

About

Center provides a corporate card and expense management solution aimed at helping businesses manage employee spending more efficiently. The CenterCard Mastercard captures spending in real-time and automates the entire expense process, making it easier for companies to handle their financial transactions. This system not only saves time during month-end close but also enhances compliance by reducing the need for manual receipt tracking. Unlike many competitors, Center offers a seamless implementation experience at no cost to clients, making it simple for businesses to adopt their solution. The goal of Center is to empower businesses with real-time data that supports informed decision-making and streamlines their expense management processes.

Company Stage

Series C

Employees

51-200

Industries

Data & Analytics, Fintech

Total Funding

$97.3M

Headquarters

Bellevue, Washington

Founded

2017


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Simplify's Take

What believers are saying

  • Recent $30M Series C funding boosts Center's growth and market expansion potential.
  • Integration with Spotnana enhances travel and expense offerings for midmarket businesses.
  • Appointment of Amy Padgett strengthens Center's travel ecosystem and strategic direction.

What critics are saying

  • Increased competition from Uber for Business may impact Center's market share.
  • AI-powered assistants could disrupt traditional expense management, requiring rapid innovation.
  • Partnership with TROOP and Direct Travel may strain Center's integration resources.

What makes Center unique

  • Center combines corporate card with automated expense management for seamless spending oversight.
  • Real-time data insights help businesses make informed financial decisions quickly.
  • Easy implementation ensures a smooth rollout, enhancing user experience and adoption.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

2%

Benefits

Health Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

Stock Options

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