About Chrome River
Chrome River is a company based in Los Angeles (United States) founded in 2007. Chrome River has raised $155 million across 4 funding rounds from investors including Bain Capital, Argentum Group and First Analysis. Chrome River offers products and services including Expense Management, Travel Management, and Invoice Management. Chrome River operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter Los Angeles, United States
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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
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- Legal Name Emburse, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$155 M (USD)
in 4 rounds
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Latest Funding Round
$35 M (USD), Series D
Jan 02, 2018
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Investors
Bain Capital
& 4 more
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Employee Count
Employee Count
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Products & Services of Chrome River
Chrome River offers a comprehensive portfolio of products and services, including Expense Management, Travel Management, and Invoice Management.
Software for tracking and managing business expenses efficiently.
Platform for handling corporate travel bookings and reimbursements.
Tools for automating invoice processing and payment workflows.
People of Chrome River
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Software Development Team
47 people
Sales and Marketing
23 people
Product Management Team
20 people
Leadership Team
18 people
Senior Team
13 people
Human Resources and Administration
11 people
Finance and Accounting
8 people
Creative and Marketing Team
4 people
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Funding Insights of Chrome River
Chrome River has successfully raised a total of $155M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $35 million completed in January 2018. 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 4
- Last Round Series D — $35.0M
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First Round
First Round
(11 May 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series D - Chrome River | Valuation | Argentum Group , Bain Capital |
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| Jun, 2015 | Amount | Series D - Chrome River | Valuation | Great Hill Partners |
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| Jan, 2014 | Amount | Series C - Chrome River | Valuation | Bain Capital Ventures |
Investors in Chrome River
Chrome River has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Bain Capital, Argentum Group and First Analysis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by the private equity firm.
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Founded Year | Domain | Location | |
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Debt and equity investments are pursued across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital and transaction advisory services for B2B tech companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chrome River
Financial Statements - Chrome River
Chrome River Comparisons
Competitors of Chrome River
Chrome River 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 Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Frequently Asked Questions about Chrome River
Chrome River was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Chrome River is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Eric Friedrichsen is the current CEO of Chrome River.
Chrome River is a funded company, having raised a total of $155M across 4 funding rounds to date. The company's 1st funding round was a Series C of $17M, raised on May 11, 2012.
Chrome River provides cloud-based expense reporting and invoice management solutions for businesses. Its features include invoice processing, compliance management, expense reporting, travel management, payment routing, credit card reconciliation, control monitoring, financial system integration, and more. It also automates the expense approval and reimbursement cycles. It provides data insight via multiple resources including white-papers, case studies, datasheets, webinars, and others.
Chrome River's top competitors include Coupa, Sage Group and Airbase.
Chrome River offers Expense Management, Travel Management, and Invoice Management.
Chrome River has 5 investors. Key investors include Bain Capital, Argentum Group, First Analysis, Great Hill Partners, and Bain Capital Ventures.