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Divvy, a fintech that helps businesses manage expenses, secured $200 million in its third venture round since last May. So reports Business Insider.
The Series C was led by NEA and also featured contributions from Insight Venture Partners and Pelion Venture Partners. It’s first two rounds totaled $45.5 million. The company has experienced rapid growth, with an increase in its client base of more than 300% in the last year.