FT Partners is pleased to announce our role as exclusive financial and strategic advisor to Divvy on its $2.5 billion sale to Bill.com (NYSE: BILL), a landmark transaction among two leading B2B FinTech companies. This transaction comes after FT Partners advised Divvy on its $165 million Series D financing at a pre-money valuation of ~$1.4 billion in January 2021, only five months ago!
Founded in 2016, Divvy modernizes finance for business by combining expense management software and smart corporate cards into a single platform. With Divvy, finance leaders get real-time visibility into their company spend and flexible controls that prevent teams from ever going over budget.
