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$123M Raised to Help Finance Teams Automate Their Financial Operations
Published 3 years, 10 months ago
Description
Mesh Payments, a New York-based corporate payment and spend management platform, raised $50 million in Series B funding.
The round was led by Tiger Global, with participation from Entrée Capital, Falcon Edge Capital, and existing investors TLV Partners and Meron Capital. I interviewed Oded Zehavi, CEO and co-founder at Mesh Payments.
He is a self-described “payments geek.” Mesh pivoted product strategy during the pandemic.
- $123M raised, series B of $50M
- 150 staff, 100 engineers
- NYC headquarters Servicing
- 1,000 global companies
- $1B payment value run rate
- Doubling down on market share growth
- Fundraising is about relationships
Oded Zehavi’s LinkedIn: https://www.linkedin.com/in/odedzehavi/
Mesh’s fundraising story: https://www.thesaasnews.com/news/mesh-payments-raises-50-million-in-series-b