Yokoy
Yokoy is an AI-powered spend management platform designed to simplify and automate finance operations. It handles invoices, expenses, and business payments, offering features like AI-driven invoice processing, expense reporting, fraud prevention, and smart corporate card management. The platform emphasizes intelligent automation, control without complexity, and end-to-end visibility, utilizing AI, custom workflows, and spend analytics. Yokoy aims to deliver value from day one through increased accuracy and cost reduction via automation. Key integrations are available with ERP, HR software, and travel booking tools. Founded by finance leaders frustrated with manual work, Yokoy is used by tens of thousands of people globally. It holds multiple certifications including ISO 9001, ISO 27001, ISO 14001, PCI DSS 4.0, and Spanish AEAT compliance.
Yokoy
Yokoy is an AI-powered spend management platform designed to simplify and automate finance operations. It handles invoices, expenses, and business payments, offering features like AI-driven invoice processing, expense reporting, fraud prevention, and smart corporate card management. The platform emphasizes intelligent automation, control without complexity, and end-to-end visibility, utilizing AI, custom workflows, and spend analytics. Yokoy aims to deliver value from day one through increased accuracy and cost reduction via automation. Key integrations are available with ERP, HR software, and travel booking tools. Founded by finance leaders frustrated with manual work, Yokoy is used by tens of thousands of people globally. It holds multiple certifications including ISO 9001, ISO 27001, ISO 14001, PCI DSS 4.0, and Spanish AEAT compliance.
TL;DR
What they do: AI-powered spend management platform for invoices, expenses, and corporate cards
Founded: 2019
Headquarters: Zürich, Switzerland
Employees (approx.): 225
Total funding: USD 107.78M
Acquisition: Acquired by TravelPerk (announced Jan 2025)
Company Overview
Problem Domain
Finance operations / spend management for businesses (expenses, supplier invoices, corporate cards).
Founded
2019
Industry
Fintech / Spend Management
Funding Track Record
Series B announced and led by Sequoia Capital
Investor Signal
“Backed by venture investors including Sequoia Capital, Left Lane Capital, Speedinvest and SIX FinTech Ventures”