Jeeves secures $180M in Series C round valuing the fintech startup at $2.1B
Jeeves has secured $180 million in a Series C funding round. The startup had closed on a $57 million Series B round less than seven months ago. Rapidly expanding fintech firm, Jeeves, has secured $180 million in a Series C round, valuing the company at $2.1 billion. Raising multiple rounds of funding in a short period of time for financial technology businesses has recently been more of the standard than the exception. Nonetheless, the rate of Jeeves' growth and valuation increase is astonishing. Jeeves, which bills itself as "an all-in-one corporate card and cost management platform for global startups," was valued at $500 million when it raised funds in September. This implies it has more than quadrupled in value in less than six months. It's also worth noting that Jeeves only went public in March of 2021, and only emerged from stealth in June with $31 million in equity and $100 million in debt. Jeeves was a member of Y Combinator's summer batch i...