PayEm’s global spend and procurement platform was created to meet the needs of global finance teams. Our mission is to create a holistic, end-to-end finance operating system using technology that offers control, transparency, and, of course, automation. Our platform captures invoices, creates bills, schedules and sends payments to anywhere in the world, in any currency, auto-categorizes and syncs with your ERP.
We automate tedious tasks, reduce frictions and frustration, giving finance teams precious time to focus on the big picture while giving them real-time visibility by department, team, employee, subsidiary, or vendor in reporting and automation.
We automate tedious tasks, reduce frictions and frustration, giving finance teams precious time to focus on the big picture while giving them real-time visibility by department, team, employee, subsidiary, or vendor in reporting and automation.
Employees: 51-200
Total raised: $247M
Founded date: 2019
Investors 1
Funding Rounds 2
| Date | Series | Amount | Investors |
| 24.01.2023 | - | $220M | - |
| 01.09.2021 | - | $27M | - |
Mentions in press and media 11
| Date | Title | Description |
| 30.01.2023 | 50 recently-funded startups to watch in 2023 | With the ongoing economic downturn and fear of a recession, tech startups have been hit hard as investors pulled back from new venture deals and reduce their investment in startups with exposure to recession. Further expounding on the fundi... |
| 24.01.2023 | Reimbursement and spend management platform PayEm secures $220M in equity and debt | When Itamar Jobani, a software developer by trade, was working for a healthcare company, he dreaded doing expense reports every month using his employer’s preferred reimbursement tool. Jobani looked for an alternative but didn’t end up find... |
| 24.01.2023 | PayEm Raises $220M in Equity and Credit Financing | PayEm, a San Francisco, CA-based platform for spend and procurement management, raised $220m in equity and credit financing. Backers included Viola Credit, Mitsubishi Financial Group, Collaborative Fund. The company, which has raised $247m ... |
| 02.09.2021 | PayEm, the Spend and Procurement Platform for High-Growth Firms, Secures $27M in Funding | PayEm, the international spend and procurement platform for high-growth and multinational organizations, reveals that it has secured $27M in funding. As mentioned in a release shared with CI, the $27M consists of a $7M seed round that was l... |
| 01.09.2021 | Will the war for talent spur dealmaking? | Talent is a priority for companies this year, according to KPMG CEO Paul Knopp. Burnt out workers are looking for new jobs while companies are doing the previously unthinkable—raising wages—in a bid to keep them. At the same time in venture... |
| 01.09.2021 | Will the war for talent spur dealmaking? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Talent is a priority for companies this year, according to KPMG CEO Paul Knopp. Burnt out workers... |
| 01.09.2021 | PayEm, The Global Spend and Procurement Platform, Emerges From Stealth With $27M In Funding | NEW YORK, Sept. 1, 2021 /PRNewswire/ -- PayEm, the global spend and procurement platform for high-growth and multinational organizations today announces $27M in funding. The $27M consists of a $7M seed funding round led by Pitango First and... |
| 01.09.2021 | PayEm, The Global Spend and Procurement Platform, Emerges From Stealth With $27 Million In Funding | PayEm, the global spend and procurement platform for high-growth and multinational organizations announces $27M in funding. The $27M consists of a $7M seed funding round led by Pitango First and NFX with participation by LocalGlobe and Fres... |
| 01.09.2021 | PayEm comes out of stealth with $27M and its answer to the expense report | Itamar Jobani was a software developer working for a medical company and “hated that time of the month” when he had to use the company’s chosen reimbursement tool. “It was full of friction and as part of the company’s wellness team, I felt ... |
| 01.09.2021 | PayEm Raises $27M In Funding | PayEm, a Tel Aviv, Israel-based global spend and procurement platform for high-growth and multinational organizations, raised $27M in funding. The round consists of: a $7M seed funding round led by Pitango First and NFX with participation b... |
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