Teampay

About

Teampay is a spend management platform that enables companies to request, approve, and track expenditures in real-time.

New York,New York,United States
51 - 100
https://www.teampay.co

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $11.75M
Industries: FinTech,SaaS,Software
Founded date: Apr 28, 2016
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Team Labs, Inc.
Also Known As: Team Labs

Teampay is reinventing the corporate card, delivering smart purchasing for empowered teams. Teampay is a purchasing software built for modern, technology-enabled businesses. Their products enable companies to request, approve, and track employee spending in real-time.

Teampay helps companies focus their resources on growth, not overhead.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$79.75M

Teampay has raised a total of $79.75M in funding over 2 rounds. Their latest funding was raised on Nov 30, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 30, 2022	Debt Financing	$11.75M	—	—	—	Detail
Nov 30, 2022	Series B	$47M	5	Fin Capital	—	Detail
Jan 1, 2021	Series B	—	1	—	—	Detail
Oct 30, 2020	Series A	$5M	5	Fin Capital	—	Detail
Sep 26, 2019	Series A	$12M	5	Tribe Capital	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Teampay has made 1 investments. Their most recent investment was on Oct 12, 2021, when Yup raised $3.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 12, 2021 Yup	Seed	$3.50M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

4

22

Teampay is funded by 22 investors. Fin Capital and Espresso Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Fin Capital	Yes	Series B
Espresso Capital	—	Series B
Mastercard	—	Series B
Proof Ventures	—	Series B
Trestle Partners	—	Series B
Sand Hill Angels	—	Series B
Connectivity Ventures Fund	—	Series A
Crosscut Ventures	—	Series A
Precursor Ventures	—	Series A
Tribe Capital	—	Series A