Expense Management
finally raises $200M Series B with $50M equity and $150M credit facility
finally, an AI-driven, all-in-one finance and HR suite for small and medium businesses (SMBs), has raised $200 million in Series B funding, consisting of $50 million in equity from PeakSpan Capital and a $150 million credit facility from Encina. With this funding, finally aims to expand its team, ac
Sep 9, 2024
Expense Management
Expense Management
TriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income of $91 million and adjusted net income of $111 million. The n
Apr 26, 2024
Expense Management
Factorial Acquires YC-Backed Fuell, Expands Into Expense Management Market
Factorial, a leading HR software solutions provider, has acquired Fuell, a Spain-based expense management startup. This marks Factorial's first acquisition and product expansion, positioning it as Europe's first integrated HR and expense management platform. Fuell, backed by Y Combinator, specialize
Oct 4, 2023