The US startup already is valued at $500mn
In Brief:
Jeeves has raised a $57mn Series B at a $500mn valuation - nearly four times what it was worth in May after its Series A funding round.
The company aims to build an “all-in-one expense management platform” for global startups.
It is currently operating in Mexico, Canada, Colombia, the United Kingdom and Europe as a whole.
What does this mean?
Just one year ago Jeeves was participating in Y Combinator’s summer batch as a fledgling FinTech. Today its user base is doubling every 60 days and the company powers more than 1,000 companies across LatAm, Canada and Europe - demonstrating the growing influence of Banking-as-a-Service infrastructure.
