Airbase

Launched in 2017 by Thejo Kote, Airbase is the leading spend management platform for growing businesses that want to streamline their spending processes and gain more visibility and control over their expenses. Airbase customers can easily manage their company cards, bills, reimbursements, and approvals on a single platform that integrates with popular accounting software like QuickBooks and NetSuite.Airbases platform serves thousands of customers and also offers advanced features like real-time reporting, automated accounting, and spend policies to help businesses scale their operations and optimize their spending efficiency.The startup announced a $60 million Series B funding round, led by Menlo Ventures partner Matt Murphy. Existing investors Bain Capital Ventures, First Round Capital, BoxGroup, Village Global, and Quiet Capital also participated. The round also included strategic investments from executives at Okta, Plaid, and Carta. The latest round brings Airbases total funding to $91 million.