Yokoy

company

About

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

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

Employee Profiles

Number of Employee Profiles
6
Yokoy has 6 current employee profiles, including Executive Devis Lussi
Executive
Executive
Executive
Executive
Executive

Acquisition

Yokoy has acquired 1 organizations. Their most recent acquisition was FlowExpense on Nov 3, 2020. They acquired FlowExpense for 0.

Date Company Name
Industry Acquisition Type Price
Nov 3, 2020 FlowExpense
Information Services acquisition Detail