Yokoy

About

Yokoy is a FinTech company that offers a spend management platform that automates expense, invoicing, and credit card processing.

Zürich,Zurich,Switzerland
101 - 250
https://www.yokoy.ai

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $80M
Industries: Artificial Intelligence,Finance,Financial Services,FinTech,Machine Learning
Founded date: Jan 1, 2019
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Yokoy Group AG
Also Known As: Expense Robot

Yokoy is a FinTech company that automates spend management for medium and large enterprises with artificial intelligence, combining expense management, supplier invoice management, and smart corporate cards into one single intuitive platform. Powered by machine learning and developed in its own cutting-edge AI research lab, the platform also constantly monitors individual workflows and processes to make them more efficient and impactful over time.

In March 2019, Yokoy Group AG was created as Expense Robot GmbH.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$80M €22.40M Fr1.70M

Yokoy has raised a total of $80M €22.40M Fr1.70M in funding over 2 rounds. Their latest funding was raised on Mar 29, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 29, 2022	Series B	$80M	9	Sequoia Capital	—	Detail
Oct 26, 2021	Series A	€22.40M	3	Left Lane Capital	—	Detail
Apr 22, 2020	Non-Equity Assistant	—	1	F10	—	Detail
Mar 12, 2020	Seed	Fr1.70M	4	SIX FinTech Ventures Swisscom Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

12

Yokoy is funded by 12 investors. Sequoia Capital and F10 are the most recent investors.

Investor Name	Lead Investor	Funding Round
Sequoia Capital	Yes	Series B
F10	Yes	Non-Equity Assistant
Speedinvest	—	Series B
Balderton Capital	—	Series B
Left Lane Capital	—	Series B
SIX FinTech Ventures	—	Series B
Swisscom Ventures	—	Series B
UNIQA Ventures	—	Series B
Visionaries Club	—	Series B
Zinal Growth	—	Series B