Fintech Company Jeeves Raises $57Million in Series B Funding Round

Fazzaco learned that ​Jeeves, a New York-based fintech start-up, has raised $57 million in a Series B funding round. 

Until now, the fintech has raised a total of $188 million in equity and debt financing since its inception in 2020.

The latest funding round was led by CRV with participation from Chinese tech giant Tencent, Silicon Valley Bank, Alkeon Capital Management, Soros Fund Management and a number of angel investors including sports stars Kevin Durant and Odell Beckham Jr.

The company will utilise the new funds to fuel its launch in Colombia, the UK and Europe. Moreover, it will also look to scale its platform, hire new staff and accelerate the onboarding of new companies.

Jeeves claims to deliver innovative technology that allows customers to focus on the growth of their business. It offers an expense management platform targeted at start-ups featuring cash options, corporate cards and cross-border payments.