Airbase
Latest round
- Series B
Last raised
- Feb 2022
Total raised
- $96M
Investors
- 9
About Airbase
Founded in 2017 and headquartered in San Francisco, US, Airbase, Inc. focuses on delivering financial management solutions. The company has successfully completed 7 deals, with the most recent deal occurring on September 4, 2024. In this latest transaction, Paylocity acquired Airbase for USD 325 mn, enabling the expansion of its service offerings and market reach.Airbase offers a comprehensive suite of financial management tools, including guided procurement with stakeholder routing, touchless accounts payable automation, and a corporate card program that integrates with various financial institutions.Airbase generates revenue through a subscription-based model where clients subscribe to different modules of its platform, such as guided procurement and AP automation. Pricing is determined by the scale and features chosen, allowing flexibility for a range of customers from startups to established enterprises.Following the acquisition by Paylocity in September 2024, Airbase aims to leverage its capabilities to enhance client services. The acquisition will enable Paylocity to expand its total addressable market and support businesses in managing all business-related spending on a consolidated platform. This strategic move is anticipated to boost Airbase's product offerings and market presence significantly.
Who invested in Airbase
9 investors across 4 rounds
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Questions about Airbase
Who invested in Airbase?
Airbase has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Airbase raised?
Airbase has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Airbase last raise money?
Airbase's most recent round on record is a Series B, in Feb 2022.
What does Airbase do?
Founded in 2017 and headquartered in San Francisco, US, Airbase, Inc.
Where is Airbase headquartered?
Airbase is headquartered in San Francisco, US.
Which VCs invest in companies like Airbase?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Airbase's stage. Their profiles are linked below.
VCs backing software startups at Series B
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