Chrome River Technologies

Chrome River Technologies

Develops Software-as-a-Service financial applications focused on expense reporting and invoice management automation. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2017
Revenues37.7m
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DateInvestorsAmountRound
-

N/A

-

N/A

Series A

$3.0m

Series B

$17.0m

Series C

$100m

Series D
*

$35.0m

Late VC

N/A

Acquisition
Total FundingCAD211m

Recent News about Chrome River Technologies

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More about Chrome River Technologiesinfo icon
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Chrome River provides comprehensive travel and expense management software designed to streamline financial operations for businesses of all sizes. The company offers solutions that cater to global markets, supporting multiple languages, currencies, and country-specific templates, making international business travel more manageable. Chrome River's software is highly configurable, allowing seamless integration with various finance software, ERP systems, travel management companies, corporate card programs, and online booking tools. This flexibility ensures that organizations can create a best-of-breed solution tailored to their evolving needs.

The company's core products include expense reporting and invoice management software, which automate data entry tasks and enhance the efficiency of accounts payable (AP) departments. This automation enables AP teams to focus on value-added initiatives rather than mundane tasks. Additionally, Chrome River offers Emburse Insight Advisor, a sophisticated tool for custom report authoring and analytics, supported by a team of consultants who provide expert advice on industry trends, key performance indicators (KPIs), and benchmarks.

Chrome River's business model revolves around a subscription-based service, generating revenue through recurring fees for software access and premium support services. The company serves a diverse clientele, including multinational corporations, small and medium-sized enterprises (SMEs), and public sector organizations, all seeking to optimize their financial operations and enhance visibility into their expenses.

Keywords: expense management, travel management, invoice processing, financial visibility, global solutions, configurable software, data integration, automation, analytics, subscription-based.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Chrome River Technologies

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Emburse
ACQUISITION by Chrome River Technologies Jul 2019