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Founded Year

2017

Stage

Series C | Alive

Total Raised

$111.69M

Last Raised

$30M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-1 points in the past 30 days

About Center

Center specializes in expense management solutions within the financial technology sector. The company offers a connected corporate card and expense management software that provides visibility into employee spending and streamlines the expense reporting process. Center was formerly known as Touchstone ID. It was founded in 2017 and is based in Bellevue, Washington. In April 2024, Center was acquired by Direct Travel.

Headquarters Location

500 108th Avenue North East Floor 11

Bellevue, Washington, 98004,

United States

425-454-8520

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Center's Product Videos

ESPs containing Center

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Networking

The telecom expense management (TEM) market offers significant benefits to organizations that want to optimize their telecom spending. TEM solutions provide comprehensive visibility and control over telecom expenses, including mobile, fixed-line, and data services. With TEM, businesses can accurately track and analyze usage patterns to identify cost-saving opportunities and negotiate better rates …

Center named as Leader among 9 other companies, including Orange Business Services, Tangoe, and Airbase.

Center's Products & Differentiators

    Center_(CenterCard + Center Expense) _Factsheet

    The CenterCard® Mastercard® is more than a corporate card—it’s an integrated card and modern app experience that captures spend as it happens and automates the traditionally cumbersome expense reporting process. Center Expense is the automated expense interface that takes care of tedious tasks like receipt wrangling, manual audits, and p-card reconciliation. Every purchase made with CenterCard® Corporate Credit Card, is visible instantly in Center Expense, enabling you to see at a glance which expenses are missing receipts or manager review, and send one-click reminders. Center Expense interface automatically audits every single transaction and flags all out-of-policy spend for review, and is also fully customizable to meet the needs of your business; easily add fields, create workflows, and set up rules for policy flags and app

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Research containing Center

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Center in 1 CB Insights research brief, most recently on Oct 26, 2023.

Expert Collections containing Center

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Center is included in 3 Expert Collections, including HR Tech.

H

HR Tech

5,785 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

P

Payments

3,082 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech

9,394 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Center Patents

Center has filed 136 patents.

The 3 most popular patent topics include:

  • acoustics
  • electromagnetism
  • neurological disorders
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/6/2021

10/29/2024

Electrical signal connectors, Microwave technology, Photonics, Fiber optics, Telecommunications equipment

Grant

Application Date

10/6/2021

Grant Date

10/29/2024

Title

Related Topics

Electrical signal connectors, Microwave technology, Photonics, Fiber optics, Telecommunications equipment

Status

Grant

Latest Center News

Jobs up for grabs in Oman's retail sector

Dec 30, 2024

This agreement will be implemented in cooperation with the Employment and Training Support Center at the Ministry of Labour Observer Web Team, Oman Daily Observer December 30, 2024 RELATED COMPANIES PHOTO Muscat: The Ministry of Commerce, Industry, and Investment Promotion, in cooperation with the Ministry of Labour, announced the availability of 1,157 job opportunities in the wholesale and retail sector in the Sultanate of Oman. These include 525 direct jobs and 332 job opportunities in fuel stations. The Ministry of Commerce, Industry and Investment Promotion also worked to provide 300 direct jobs coupled with training in the retail sector, by signing an agreement with a specialized academy in the field of retail. This agreement will be implemented in cooperation with the Employment and Training Support Center at the Ministry of Labour. This took place during the signing ceremony of cooperation programs with many wholesale and retail sector establishments in the Sultanate of Oman and the launch of the "Itqan" program for the industrial sector. The launch of the program comes within the framework of the Ministry’s efforts to support employment and enhance the role of Omani youth in the retail and industrial sectors. In conjunction with the launch of the "Itqan" program, the Ministry of Commerce, Industry and Investment Promotion signed cooperation programs with many factories, industrial facilities, and higher education institutions to groom Omani youth with the necessary technical knowledge and skills. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. ( Syndigate.info ). Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here . © ZAWYA 2024 ZAWYA NEWSLETTERS Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox. Subscribe to our newsletters:

Dec 9, 2024
John Menard Jr.

Center Frequently Asked Questions (FAQ)

  • When was Center founded?

    Center was founded in 2017.

  • Where is Center's headquarters?

    Center's headquarters is located at 500 108th Avenue North East, Bellevue.

  • What is Center's latest funding round?

    Center's latest funding round is Series C.

  • How much did Center raise?

    Center raised a total of $111.69M.

  • Who are the investors of Center?

    Investors of Center include Top Tier Capital Partners, Durable Capital Partners and Paycheck Protection Program.

  • Who are Center's competitors?

    Competitors of Center include Brex, Airbase, Moss, Jeeves, Ramp and 7 more.

  • What products does Center offer?

    Center's products include Center_(CenterCard + Center Expense) _Factsheet .

  • Who are Center's customers?

    Customers of Center include Student Mobilization and KHS & S .

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Compare Center to Competitors

Brex Logo
Brex

Brex is a financial technology company that specializes in AI-powered spend management for businesses. The company offers corporate credit cards, automated expense management, and bill payment software, as well as banking and treasury services that include deposits and FDIC-insured accounts. Brex primarily serves startups, mid-size companies, and enterprises, providing them with tools to control and track company spending. Brex was formerly known as Veyond. It was founded in 2017 and is based in Salt Lake City, Utah.

Ramp Logo
Ramp

Ramp specializes in spend management solutions within the financial technology sector. The company offers a suite of products that include corporate cards, expense management, and accounts payable automation designed to streamline finance operations and improve efficiency for businesses. Ramp's platform also provides features such as automated procurement, vendor management, and working capital solutions, catering to a diverse range of customer needs from startups to large enterprises. It was founded in 2019 and is based in New York, New York.

Pleo Logo
Pleo

Pleo focuses on business spend management within the financial technology sector. The company offers company cards with individual spending limits and provides a platform to manage expenses, reimbursements, invoices, and budgets. It serves businesses looking to manage their spending and financial processes. The company was founded in 2015 and is based in København N, Denmark.

Soldo Logo
Soldo

Soldo provides spend management solutions within the financial services sector. The company offers a platform that connects with financial systems to manage corporate spending through company cards, a mobile app for tracking expenses, and tools for financial compliance. Soldo serves businesses that need to manage their expense processes and gain insights into their spending. Soldo was formerly known as PX Technology. It was founded in 2014 and is based in London, United Kingdom.

Custodia Logo
Custodia

Custodia focuses on corporate expense management in the financial technology sector. The company offers a range of services including smarter expense management, AI-driven budgeting and spending, and real-time approvals and insights, all designed to empower employees and maintain financial control. Primarily, it caters to businesses ranging from small to large scale, providing them with tools for digital finance. It was founded in 2018 and is based in New York, New York.

Rho Logo
Rho

Rho focuses on providing financial services and operates within the finance and technology sectors. The company offers a financial platform that includes services such as commercial banking, corporate cards, expense management, and accounts payable automation. Rho primarily serves organizations looking to manage their finances. Rho was formerly known as Rho Business Banking. It was founded in 2018 and is based in New York, New York.

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