Chrome River Technologies

Chrome River Technologies, Inc.Founded in 2007 in Los Angeles, US, Chrome River Technologies, Inc. offers advanced expense management solutions. In March 2019, the company merged with Certify, Inc. for USD 1 billion, forming Certify, Inc. / Chrome River Technologies, Inc. The merger included major stakeholders such as K1 Investment Management, which now holds a majority stake alongside Bain Capital Ventures, which retains a minority stake.Chrome River Technologies offers a comprehensive suite of products designed to streamline expense management, travel management, and invoice processing for enterprises and global organizations. Their flagship platform incorporates advanced features that enhance reimbursement and reconciliation processes, optimizing compliance and reducing operational costs. The platform's user-friendly interface facilitates automation of expense reporting, allowing team members to manage receipts and approvals via mobile devices, which accelerates reimbursement times.Chrome River generates revenue primarily through subscription-based models for its suite of products, including its core solutions for Travel Management and Invoice Management. Clients engage in annual contracts that provide access to the platform's comprehensive features., Chrome River Technologies aims to leverage the combined resources for future product development and market expansion. The company is also focusing on expanding its presence in additional markets across Europe and Asia by the end of 2023, ensuring a wider reach for its solutions.

1. Series D

   Jun 25, 2015

   Amount

   $100M

   Investors

   Locked

2. Series C

   Jan 14, 2014

   Amount

   $17M

   Investors

   Locked

3. Series B

   Apr 30, 2012

   Amount

   $2.7M

   Investors

   Locked