About Yokoy
Yokoy is a company based in Zurich (Switzerland) founded in 2019 by Philippe Sahli, Melanie Gabriel, Lars Mangelsdorf, Devis Lussi, and Thomas Inhelder was acquired by TravelPerk in January 2025.. Yokoy has raised $107.81 million across 3 funding rounds from investors including TravelPerk, Swisscom and SIX. Yokoy offers products and services including Invoice Management, Expense Management, Yokoy Pay, Travel Expense Platform, and Workflow Designer. Yokoy operates in a competitive market with competitors including Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, among others.
- Headquarter Zurich, Switzerland
- Founders Philippe Sahli, Melanie Gabriel, Lars Mangelsdorf, Devis Lussi, Thomas Inhelder
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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 Yokoy Switzerland Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$107.81 M (USD)
in 3 rounds
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Latest Funding Round
$80 M (USD), Series B
Mar 29, 2022
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Investors
TravelPerk
& 10 more
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Employee Count
Employee Count
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Acquired by
TravelPerk
(Jan 28, 2025)
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Products & Services of Yokoy
Yokoy offers a comprehensive portfolio of products and services, including Invoice Management, Expense Management, Yokoy Pay, Travel Expense Platform, and Workflow Designer. 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.
Automates invoice capture, processing, and approval using AI.
Streamlines reporting, prevents fraud, and ensures policy compliance.
Manages card transactions and matches them with receipts in real-time.
Handles travel expenses with automation and integration features.
Enables custom workflows for finance operations and transaction handling.
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Funding Insights of Yokoy
Yokoy has successfully raised a total of $107.81M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $80 million completed in March 2022. 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 3
- Last Round Series B — $80.0M
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First Round
First Round
(12 Mar 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - Yokoy | Valuation | Sequoia Capital | |
| Oct, 2021 | Amount | Series A - Yokoy | Valuation | Left Lane | |
| Mar, 2020 | Amount | Seed - Yokoy | Valuation | SIX |
| 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 Yokoy
Yokoy has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include TravelPerk, Swisscom and SIX. 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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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location | |
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Visionaries Club is engaged in venture capital investments for B2B tech startups.
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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 Yokoy
| 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 - Yokoy
| 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 |
Yokoy Comparisons
Competitors of Yokoy
Yokoy 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 Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, 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 |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable and receivable software for businesses
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| domain | founded_year | HQ Location |
Business spends, payments, and rewards are streamlined by automated workflows.
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| domain | founded_year | HQ Location |
Accounts payable and payment automation solutions are offered for businesses.
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| domain | founded_year | HQ Location |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based purchase approval management software is provided 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 Yokoy
Frequently Asked Questions about Yokoy
When was Yokoy founded?
Yokoy was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Yokoy located?
Yokoy is headquartered in Zurich, Switzerland.
Is Yokoy a funded company?
Yokoy is a funded company, having raised a total of $107.81M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.81M, raised on Mar 12, 2020.
What does Yokoy do?
Yokoy was founded in 2019 in Zurich, Switzerland, within the fintech sector. An AI-driven platform is provided to enterprises for streamlining finance and accounting processes. Key features include expense management, supplier invoice handling, company card issuance, and related tools. Operations focus on automation and efficiency in financial workflows, serving global businesses from its Swiss base.
Who are the top competitors of Yokoy?
What products or services does Yokoy offer?
Yokoy offers Invoice Management, Expense Management, Yokoy Pay, Travel Expense Platform, and Workflow Designer.
Who are Yokoy's investors?
Yokoy has 11 investors. Key investors include TravelPerk, Swisscom, SIX, Speedinvest, and Balderton Capital.