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Expensify Launches New Investment Fund

Tuesday, July 28, 2015 5:16:00 AM PDT | VentureDeal
   San Francisco, California  --  Expense reporting software company Expensify has announced the launch of a new strategic investment fund for early-stage startups.

Called Expensify Ventures, the fund will promote and potentially invest in financial technology startups to help solve "some of the corporate world's biggest pain points."

The company cited partner Piper, which provides an alternative receipting solution that removes the need for paper receipts.

Expensify also announced that it has raised a $17.5 million financing round led by OpenView Venture Partners.

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