Yokoy Switzerland

SoftwareSeries BZurich, Switzerlandyokoy.ai

Latest round

Series B

Last raised

Mar 2022

Total raised

$108M

Investors

8

About Yokoy Switzerland

Founded in 2019, Yokoy Switzerland Ltd specializes in spend management solutions. The company is headquartered in Zurich, Switzerland, and was co-founded by Lars Mangelsdorf, Melanie Gabriel, Philippe Sahli, and Thomas Inhelder. Philippe Sahli currently serves as CEO.Yokoy provides a comprehensive spend management solution tailored for businesses of various sizes. The platform includes automated invoice processing, expense management, and corporate card solutions, all powered by artificial intelligence. It addresses challenges like manual data entry and compliance, integrating smoothly with ERP and HR systems to enhance visibility and control over financial transactions.Yokoy operates on a subscription-based revenue model, primarily deriving income from B2B transactions. Clients pay for access to various modules of the spend management suite, which enhances operational efficiency by automating tasks and providing insights into spending patterns.Looking ahead, Yokoy plans to expand its product offerings and geographic reach. The company is set to roll out new features designed to enhance its spend management capabilities by early 2025. Additionally, it aims to penetrate new markets, particularly in the United States and broader European regions.U in January 2025.

Who invested in Yokoy Switzerland

8 investors across 3 rounds

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Funding rounds

  1. Series B

    Mar 29, 2022

    Amount

    $80M

    Investors

    Locked

  2. Series A

    Oct 26, 2021

    Amount

    $26M

    Investors

    Locked

  3. Seed

    Mar 12, 2020

    Amount

    $1.8M

    Investors

    Locked

Questions about Yokoy Switzerland

Who invested in Yokoy Switzerland?

Yokoy Switzerland has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Yokoy Switzerland raised?

Yokoy Switzerland has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Yokoy Switzerland last raise money?

Yokoy Switzerland's most recent round on record is a Series B, in Mar 2022.

What does Yokoy Switzerland do?

Founded in 2019, Yokoy Switzerland Ltd specializes in spend management solutions.

Where is Yokoy Switzerland headquartered?

Yokoy Switzerland is headquartered in Zurich, Switzerland.

Which VCs invest in companies like Yokoy Switzerland?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Yokoy Switzerland's stage. Their profiles are linked below.

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