Zevoy, an Espoo, Finland-based all-in-one expense management company that offers an all-in-one solution to overcome a fragmented expense management system, raised €15 million in a Series A funding.

The round was led by a Nordic VC firm Blossom Capital. Helsinki-based VC & PE firm Maki.vc and Stockholm-based firm Brightly Ventures also participated in the round. 

The new capital will pave the way for the company’s expansion into eight new markets in the second quarter of this year.

Company: Zevoy Aktiebolag

Raised: €15.0M

Round: Series A

Funding Month: April 2022

Lead Investors: Blossom Capital

Additional Investors: Maki.vc and Brightly Ventures 

Company Website: https://zevoy.com/

Software Category: All-In-One Expense management

About the Company: Zevoy, currently the fastest moving expense management company on the market, was founded in August 2020 with a clear mission to do what many have tried to do before: create a simple, smart, seamless, and efficient Expense Management solution for companies. Zevoy offered as a SaaS service, combines its business card with a receipt scanning app and administration portal into one seamless expense management solution. 

Source: https://arcticstartup.com/zevoy-raises-e15m-series-a/