About Center
Center is a company based in Bellevue (United States) founded in 2014 by Nik Singh was acquired by American Express in March 2025. It operates as a FinTech. Center has raised $105.98 million across 5 funding rounds from investors including American Express, Top Tier Capital Partners and Durable Capital Partners. Center offers products and services including CenterCard Corporate Credit Card. Center operates in a competitive market with competitors including Conta Simples, AppZen, Mendel, Toolbox and Jenji, among others.
- Headquarter Bellevue, United States
- Founders Nik Singh
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Center Id
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105.98 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series C
Nov 13, 2023
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Investors
American Express
& 2 more
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Employee Count
Employee Count
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Acquired by
American Express
(Mar 06, 2025)
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Products & Services of Center
Center offers a comprehensive portfolio of products and services, including CenterCard Corporate Credit Card. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Corporate credit card for real-time expense management offered.
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Funding Insights of Center
Center has successfully raised a total of $105.98M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $30.0M
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First Round
First Round
(25 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series C - Center | Valuation | Top Tier Capital Partners | |
| Oct, 2022 | Amount | Series B - Center | Valuation |
investors |
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| Aug, 2021 | Amount | Series B - Center | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Center
Center has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include American Express, Top Tier Capital Partners and Durable Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment management services are offered by Durable Capital Partners.
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Founded Year | Domain | Location | |
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Diversified investment management firm
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Founded Year | Domain | Location | |
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Financial products for individuals and businesses are compared online.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Center
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Center
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Center Comparisons
Competitors of Center
Center operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Conta Simples, AppZen, Mendel, Toolbox and Jenji, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Personal Assistant for Expense Management
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| domain | founded_year | HQ Location |
Expense analysis and management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Construction professionals are matched with projects via an online marketplace.
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| domain | founded_year | HQ Location |
AI-based expense management software is offered for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Center
Frequently Asked Questions about Center
When was Center founded?
Center was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Center located?
Center is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Is Center a funded company?
Center is a funded company, having raised a total of $105.98M across 5 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Jun 25, 2019.
What does Center do?
Real-time expense management solutions are offered by Center through the CenterCard Corporate Credit Card. Services are focused on corporate financial needs, ensuring efficient expense tracking and management. Support is provided via a dedicated team and self-service resources. The company operates within the financial services sector, targeting businesses requiring streamlined payment solutions.
Who are the top competitors of Center?
Center's top competitors include Conta Simples, Brightflag and AppZen.
What products or services does Center offer?
Center offers CenterCard Corporate Credit Card.
Who are Center's investors?
Center has 3 investors. Key investors include American Express, Top Tier Capital Partners, and Durable Capital Partners.
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