Yokoy, the all-in-one global spend management platform, has announced that it raised $26M (approx €22.4M) funding in a Series A round led by US investor Left Lane Capital. Prominent European investor Balderton Capital also participated in the round.
The Swiss company said it will use the funds to enhance its technology and expand operations into the US, Europe, and more regions across the globe.
Dr. Devis Lussi, Co-Founder & CTO says, “With Yokoy we’re building a highly intelligent, highly secure, and highly customisable global spend management platform that empowers our customers to take control of their vast corporate spending processes and fine-tune their workflows. We’re helping them to cut costs, save time and bring clarity to their global operations in a way that fits their ambitions. It’s this that we believe will see us becoming the leading spend management platform in the world.”
Left Lane Capital: What you need to know
Left Lane Capital is a venture capital and early growth equity firm that invests in high-growth internet and consumer technology businesses. The company aims to partner with entrepreneurs creating category-defining businesses that are fundamental to the human condition and spirit.