Center news and trends

Center Raises $30 Million to Enhance Spend Management Offering
Investments // December 06, 2023

Center has raised $30 million to develop new features for its expense management software. The Series C funding round, announced Tuesday (Dec. 5), will help the software company develop capabilities that deal with customer pain points around expense management and travel and expense solutions. “Amidst a backdrop of...

Center Raises $15M to Expand SMB Expense Management Offerings
Investments // October 26, 2022

Expense management software company Center has raised $15 million in a Series B round and said it will use the new capital to expand its product offerings and support the evolving needs of small- to medium-sized businesses (SMBs).  This funding round brought the company’s total...

Maintaining Control When Employee Spend Looks More Like Procurement
B2B Payments // August 05, 2020

The expense report has come a long way since the days of paper spreadsheets and stapled receipts. In the last decade, automation technology has closed the gap between booking a business trip and filing an expense report for reimbursement, significantly easing friction for both employees...

Spend Management Firm Center Unveils Card, QuickBooks Integration
B2B Payments // July 30, 2020

Corporate spend management company Center unveiled a Mastercard-powered Center® Corporate Credit Card and a QuickBooks Online Connector on Thursday (July 30). The firm said the new functions will let finance departments bolster accounting accuracy, receive working capital, and accelerate expense deployments, according to an announcement. The Comdata,...

Quick Reads
Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel

April 02, 2024
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners and Blackstone Credit & Insurance, Direct Travel said in a Tuesday (April 2) press release. “Direct Travel sets the bar for customer experience,” Singh said in the release. “We […]

Center Raises $30 Million to Enhance Spend Management Offering

December 06, 2023
Center has raised $30 million to develop new features for its expense management software. The Series C funding round, announced Tuesday (Dec. 5), will help the software company develop capabilities that...

Center Raises $15M to Expand SMB Expense Management Offerings

October 26, 2022
Expense management software company Center has raised $15 million in a Series B round and said it will use the new capital to expand its product offerings and support the...