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Mesh Payments
Corporate spend solution
- 101-200 employees
- Fintech
- B2B
- Enterprise
- Payments
- Bookkeeping
- SaaS
- Financial District, New York, NY
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Company mission
Mesh's mission is to empower finance managers with a whole new level of visibility, equipping them with the tools they need to optimize and control all of their corporate payments.
Few candidates hear
back within 2 weeks
4% employee growth in 12 months
Our take
Remote workforces are the new norm. While that’s unlocked a lot of benefits for companies, it also requires some significant adjustments, largely shouldered by HR and Finance teams. One problem area has been overseeing and managing employee expenses; Mesh Payments helps companies to manage spending in a remote, digital-first way.
While it is not the only player in the space, the startup is developing a suite of products that arguably go further than any of its competitors. In particular, the fintech has pursued partnerships with the likes of QuickBooks, Slack, NetSuite, Xero, and G Suite from Google.
The biggest challenge for the startup is onboarding new clients and their sometimes frustrated employees. However, that’s an issue that is not unique to Mesh but is faced by every expense platform. Its leadership believes that its modern product makes for a much smoother experience than legacy players, like SAP, which will ultimately count in Mesh’s favor.
This prediction seems to have been borne out by the two major funding rounds closed within 10 months of one another in 2021 and 2022. The money from these raises will go towards research and development and accelerating the company's go-to-market strategy, further widening its lead in the competitive spend management space.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Flexible Spending Account (FSA)
- Parental leave
- Company equity
- Commuter benefits
- Training & learning programs
- Mentor & Buddy programs
- Online and offline courses
- Internal mobility opportunities
- Hybrid and flexible work options
- Highly diverse management team
- Happy hours and company events
- Dog friendly workspace
- Disability & life insurance
- Weekly team Lunch
- Dental & vision benefits
Funding (last 2 of 3 rounds)
Sep 2022
$60m
SERIES C
Dec 2021
$50m
SERIES B
Total funding: $123m
Leadership
Oded Zehavi
(CEO)Previous COO at Kaymera Technologies, and CRO at Payoneer. Also worked at Paypal as Director of Global Business Development.
Eran Katoni
(CTO)Previous VP of R&D at the Gartner Innovation Center, and Team Leader and Big Data Architect for a respected unit in the Israeli Military Intelligence.