Kodo Analysis: $9M Raised
What is Kodo?
Kodo offers innovative spend management solutions, including procure-to-pay, corporate cards, and accounts payable automation, to enhance financial efficiency for businesses.
Employees
45
Founded
2019
Revenue
$6-6.7M
Business Model
Subscription-based revenue model with transaction fees for spend management services.
ZoomInfo
Product Features & Capabilities
- Purchase Request, Purchase Order, Invoices (AP), Vendor Payments, Corporate Cards, Reimbursements, Dynamic Workflows, Robust Integrations, Seamless Collaboration
How much Kodo raised
1 - $8.75 million
May 2021Lead Investor: Brex, Goat Capital, Pioneer Fund, Y Combinator
Who are the founders of Kodo
DS
Deepti Sanghi
Founder
GT
Gaurav Thapa
Co-Founder, CTO
Market Focus
Kodo primarily focuses on the spend management industry, providing solutions such as procure-to-pay, corporate cards, accounts payable automation, and vendor payouts to help businesses manage their finances efficiently.
Investors
- Y Combinator
- Leonis Investment
- Brex
- Goat Capital
- [3 other investors not specified]
Competitors Overview
Kodo operates in the spend management market, where its main competitors include:
- Pleo: Pleo offers businesses the ability to set custom spending limits, track expenses in real-time, and manage employee cards from a centralized dashboard. Its advantages include automated expense reporting an
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