Center, a Bellevue, WA-based software company helping businesses gain visibility into and manage employee spending, raised additional $15M in Series B funding.
The company intends to use the funds to scale the business and expand product offerings.
Led by CEO Naveen Singh, Center provides Center Expense, an integrated corporate card and expense solution used by small and medium-sized enterprises to save time, improve operations and compliance, and deliver real-time insights to finance teams for better decision making. Top verticals served are established SMEs, including professional services, construction, consumer services, and nonprofits.
On the heels of funding, Center also appointed travel industry innovator and CLEAR Co-Founder and President, Ken Cornick, to its Board of Directors. Cornick joins fintech luminary and former Concur Founder and CEO Steve Singh, who currently serves as Executive Chairman and Co-Founder of Center.