All-in-one Expense Payment Platform Jeeves Closed $180 Million Series C Funding Round with a16z and Others

Jeeves, an all-in-one expense payment platform, has closed a $180 million Series C round of funding, valuing the company at $2.1 billion. The round was led by Tencent, with participation from GIC, Stanford University, a16z, CRV, Silicon Valley Bank, FT Partners and others. The funds raised will be used to develop stablecoin products. Founded in 2020, Jeeves offers an expense management platform for startups, including cash options, corporate cards and cross-border payments.