Divvy : The Spend Management Solution That Gives You the Credit You Need & The Software To Manage It.

Blake Murray & Alex Bean

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Updated: May 8th, 2023

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Blake Murray & Alex Bean co-founded Divvy, a bill spend and expense management solution, in 2016. The B2B SaaS Fintech offers everything from expense management to virtual cards & AP automation.

Blake hails from Salt Lake City Metropolitan Area and is an experienced Chief Revenue Officer who has played a leading role in integrating Divvy, and serves as the company C.E.O.

Alex Bean, the other co-founder and CBO of Divvy, works hard to manage strategic budgets and eliminate expense reports. He aims to build a cutting-edge fin-tech platform that will change the way businesses spend their money.

This spending management platform has a stock and cash deal valued at $2.5B & its revenue doubled to reach $8.3M in March 2021. The company serves 7,500 small and medium business users and has about 400 employees on their team.

Divvy customers spend smarter, close books faster, and travel for less without having to deal with the dreaded expense report or reimbursement games.

Divvy specializes in the following:

Virtual Payments
Spend Management
Expense Management
Company Budget Management
Real-time expense management
Vendor management

Here is a breakdown of Divvy’s rockstar growth:

$100MM run rate in 2022
10,000+ customers and growing monthly
Processes more than $1b in transactions
Raised $165M Series D funding