C

Center

Corporate card with automated expense management

Overview

Center offers a corporate card and expense management platform that simplifies how businesses handle employee spending. The CenterCard Mastercard captures transactions in real time and automates the entire expense process from initiation to reimbursement and reporting. It differentiates itself with real-time spend visibility, end-to-end automation, and a no-cost, easy deployment that speeds up implementation and improves compliance. Its goal is to streamline corporate spending, shorten month-end close, and enable better, data-driven financial decisions.

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About Center

Simplify's Rating
Why Center is rated
D-
Rated D- on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintechFinancial Services

Company Size

51-200

Company Stage

Series C

Total Funding

$100M

Headquarters

Bellevue, WA

Founded

2017

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Simplify's take

What believers are saying

  • Amex ownership gives Center distribution through corporate and small-business cards.
  • Naveen Singh became Amex VP of GCS Software Strategy in March 2026.
  • Center's 2026 survey kept the brand relevant around decentralized booking and travel controls.

What critics are saying

  • getcenter.com says Center decommissions December 31, 2026; product shutdown follows.
  • Only financial managers retain limited access until April 1, 2027; customer lockout follows.
  • Amex can subsume Center into broader commercial-card products, killing standalone differentiation.

What makes Center unique

  • Amex completed Center acquisition on April 16, 2025, embedding expense software into cards.
  • Center combined corporate cards, receipt capture, approvals, reconciliation, and accounting workflows.
  • Center's real-time spend visibility targeted middle-market finance teams needing tighter compliance.

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Funding

Total Funding

$100M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
$50M
$62M
$100M

Benefits

  • Health Insurance
  • Unlimited Paid Time Off
  • 401(k) Retirement Plan
  • Stock Options

Growth & Insights and Company News

6 month growth

-8%

1 year growth

-8%

2 year growth

0%
GeekWire
Apr 2nd, 2025
Juno raises $2M for guest travel platform

Juno, a platform for managing corporate guest travel, raised $2M in seed funding led by Madrona and Bungalow Ventures. Co-founders Devon Tivona and Sam Felsenthal aim to address the challenges of guest travel, which remains manual and fragmented. Steve Singh of Madrona, who co-founded Concur, highlighted Juno's modern approach. Singh is also involved in other travel-related ventures, including Direct Travel Inc., Otto, Spotnana, Troop, and Center, which is being acquired by American Express.

PYMNTS
Mar 6th, 2025
Amex Acquires Center To Bolster Small Business Expense Management

American Express is set to purchase expense management software firm Center. The deal is aimed at helping American Express (Amex) bolster its services for small businesses, according to a Thursday (March 6) news release. “As a leader in corporate and small business cards, it is our job to deliver innovative products and services that help customers run their businesses more efficiently,” Raymond Joabar, president for global commercial services at Amex, said in the release

GeekWire
Mar 6th, 2025
American Express To Acquire Center, A Seattle-Area Expense Management Startup

GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory .Center CEO Naveen Singh. (Center Photo)American Express announced Thursday that it plans to acquire Center, a Bellevue, Wash.-based startup that helps businesses manage expenses.Terms of the deal were not disclosed. The acquisition is expected to close in the second quarter of 2025.Center targets middle-market companies that use its software to track corporate spending on travel and other expenses. It also offers a corporate credit card.Center had raised more than $140 million from private investors since launching in 2017. It has about 160 employees; full-time workers will join American Express when the acquisition closes.Center raised $30 million in December 2023

Citybiz
Mar 6th, 2025
American Express Acquires Center for Expense Management

American Express announced an agreement to acquire Center, a software company specializing in expense management. The acquisition aims to integrate Center's technology with American Express' corporate and small business cards to create a seamless expense management platform. This will enhance efficiency by automating tasks and ensuring compliance. The acquisition is expected to close in Q2 2025, subject to customary conditions.

Skift
Mar 6th, 2025
American Express to Acquire Center, an Expense Management Startup

American Express said Thursday it plans to acquire Center, a startup platform for expense management.

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