Center - About the company
Center is an acquired company based in Bellevue (United States), founded in 2014 by Naveen Singh and Nik Singh. It operates as an AI-based expense management software. Center has raised $140M in funding from Top Tier Capital Partners. The company has 107 active competitors, including 20 funded and 8 that have exited. Its top competitors include companies like Conta Simples, Brightflag and MediSpend.
Company Details
AI-based expense management software. It features solutions for expense reporting, data reconciliation, invoice digitization, and more. It offers tools for expense auditing and analysis. It also offers a business debit card for tracking purchases and other expenses.
- Website
- getcenter.com
- Social
- Email ID
- *****@getcenter.com
- Phone Number
- +1 **********
- Registered Address
- Rīga, Vestienas iela 2
Key Metrics
Founded Year
2014
Location
Bellevue, United States
Stage
Acquired
Total Funding
$140M in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among 107 active competitors
Employee Count
75 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by American Express (Mar 06, 2025)
Legal entities associated with Center
Center is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CENTER ID CORP. CIN: 32091391238 , United States, Active | Aug 25, 2023 | - | - | - |
Dwolla, Inc. CIN: 454405671 , United States, Active | Jan 24, 2012 | - | 60 (As on Dec 31, 2024) | - |
Center CIN: 40003748607 , Latvia, Active | Jun 07, 2005 | $25.2K (As on Dec 31, 2024) | 1 (As on Dec 31, 2022) | - |
Center's acquisition details
Center got acquired by American Express on Mar 06, 2025. It was facilitated by Debevoise and Plimpton.
Click here to take a look at Center's acquisition in detail
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Center's funding and investors
Center has raised a total funding of $140M over 6 rounds. Its latest funding round was a Series C round on Nov 13, 2023 for $*****. 2 investors participated in its latest round. Center has 3 institutional investors.
Here is the list of recent funding rounds of Center:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 13, 2023 | 2899403 | Series C | 1712786 | 9729921 | 2474147 | 4601135 |
Oct 26, 2022 | 4962467 | Series B | 3590691 | 7747462 | 3926558 | 3079244 |
Aug 24, 2021 | 4698757 | Series B | 8633803 | 1945338 | 7164838 | 2870639 |
Access funding benchmarks and valuations. Sign up today!View details of Center's funding rounds and investors
Center's founders and board of directors
Founder? Claim ProfileThe founders of Center are Naveen Singh and Nik Singh.
Here are the details of Center's key team members:
- Naveen Singh: Co-Founder & CEO of Center and founder of 1 other company. Contact Info: 1 email address
- Nik Singh: Co-Founder and SVP of Product of Center.
Center's Board of Directors
Center's board has 12 active members. Nikhil Singh, Naveen Singh, Eugene Kuerner, Kenneth Cornick, Jon Mittman, Irfan Tareen, Heather Singh, Dale Christian, Utpal Donde, Eugene Kuermer, S. Steven Singh and Jeff Drummond are independent board members.Here is the list of Center's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 8m | |
kxzztzq | Independent board member | - | Current | 8y 1m |
hizqrls | Independent board member | - | Current | 7y 1m |
eigfsr{ | Independent board member | - | Current | 3y 2m |
hk{flxm | Independent board member | - | Current | 8y 4m |
qosdtaf | Independent board member | - | Current | 7y 6m |
bififi{ | Independent board member | - | Current | 6y 5m |
{{bqnei | Independent board member | - | Current | 7y 8m |
dushimg | Independent board member | - | Current | 5y 4m |
{syekle | Independent board member | - | Current | 3y 7m |
kixwxgc | Independent board member | - | Current | 5y 9m |
xaoecgz | Independent board member | - | Current | 6y 4m |
View details of Center's Founder profiles and Board Members
Center's employee count trend
Center has 75 employees as of Mar 26. Here is Center's employee count trend over the years:
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Center's Competitors and alternates
Top competitors of Center include Conta Simples, Brightflag and MediSpend. Here is the list of Top 10 competitors of Center, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Conta Simples 2018, Sao Paulo (Brazil), Series B | Digital bank for businesses | $68.1M | 65/100 | |
2nd | Center 2014, Bellevue (United States), Acquired | AI-based expense management software | $140M | 64/100 | |
3rd |  Brightflag 2014, Dublin (Ireland), Acquired | AI-based legal spend management software for corporate lawyers | $40M | 61/100 | |
4th | MediSpend 1999, Portsmouth (United States), Acquired | Compliance management software for spend analytics in life sciences industry | - | 54/100 | |
5th | Cloud-based expense management solution | $6.59M | 54/100 | ||
6th | Modular platform for banking, payments, remittance, and compliance | $13.4M | 53/100 | ||
7th |  Nitra 2021, New York City (United States), Series B | Provider of a financial software for patients and healthcare professionals | $134M | 52/100 | |
8th | Receipt management solutions for digital banking applications | $46.5M | 48/100 | ||
9th | SpendHQ 2008, Atlanta (United States), Funding Raised | Provider of spend analytics and procurement solutions for enterprise transformation | - | - | 46/100 |
10th |  Expenses Manager 2020, India, Unfunded | App-based expense analytics & management solutions for businesses | - | - | 45/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Center's competitors? Click here to see the top ones
Center's Investments and acquisitions
Center has made no investments or acquisitions yet.
Reports related to Center
Here is the latest report on Center's sector:
News related to Center
Filter this listMedia has covered Center for 1 event in last 1 year.
•
American Express Acquires Center, Enhancing B2B Expense ManagementWebwire•Apr 16, 2025•American Express, Center
•
American Express’ Acquisition of CenterGlobal Legal Chronicle•Mar 13, 2025•American Express, Debevoise and Plimpton, Center
•
Amex to acquire expense management software company CenterElets Technomedia•Mar 11, 2025•American Express, UBS, Center
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American Express to Acquire Expense Management Software Company CenterWebwire•Mar 07, 2025•American Express, Center
•
American express acquires Center to modernise expense managementThe Paypers•Mar 07, 2025•American Express, Center
•
Amex Acquires Center to Bolster Small Business Expense ManagementPYMNTS.com•Mar 07, 2025•American Express, Center
•
American Express to Acquire Expense Management Software Company CenterBusiness Wire•Mar 06, 2025•American Express, Center
•
American Express to acquire expense management company CenterSeeking Alpha•Mar 06, 2025•American Express, Center, Vacasa, Casago
•
DocuPhase Partners with Center to Provide Customers a Powerful AP and Expense Management SolutionGlobal FinTech Series•Sep 10, 2024•DocuPhase, Center
•
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