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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Industries
Company Size
51-200
Company Stage
Series C
Total Funding
$100M
Headquarters
Bellevue, WA
Founded
2017
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Total Funding
$100M
Below
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Funded Over
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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.
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’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
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.
American Express said Thursday it plans to acquire Center, a startup platform for expense management.
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Industries
Company Size
51-200
Company Stage
Series C
Total Funding
$100M
Headquarters
Bellevue, WA
Founded
2017
Find jobs on Simplify and start your career today
We update Center's jobs every few hours, so check again soon!Browse all jobs