SAP Concur is a global leader in integrated travel, expense, and invoice management solutions, founded in 1993 and headquartered in the United States. With the slogan "We give businesses the power to automate, connect, and simplify their expense, travel, and AP processes," SAP Concur is dedicated to simplifying and automating everyday processes for businesses.
The company's highly-rated mobile app guides employees through business trips, populates charges directly into expense reports, and automates invoice approvals. Through the integration of near real-time data and AI analysis, SAP Concur enables businesses to track spending, improve compliance, and identify potential budget blind spots.
The latest investment in SAP Concur was a $287.50MPost-IPO Debt investment on 08 April 2010. This investment reflects the confidence of investors in the company's innovative solutions and future prospects.
With a focus on simplifying tedious tasks, streamlining workflows, and supporting businesses to operate at their best, SAP Concur is poised for continued success in the Payments and SaaS industries.
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Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $287.50M | - | 08 Apr 2010 | |
Post-IPO Equity | $4.25M | 1 | Mayfield Fund | 17 Aug 2009 |
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