HomeFinTechAirbase: Secures $150M Credit Facility from Goldman Sachs

Airbase: Secures $150M Credit Facility from Goldman Sachs

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Airbase Secures $150M Credit Facility from Goldman Sachs

  • Airbase, a San Francisco, CA-based spend management platform for mid-market and enterprise companies, received $150M in debt financing
  • The deal was led by Goldman Sachs
  • This latest funding, which closed this month, will allow the company to expand its innovative charge card program to its increasing base of customers
  • The company provides a spend management platform for mid-market and enterprise companies
  • Its corporate cards are software-enabled, which means they capture and transmit spending data
  • Automated approval workflows map to company policies and accounting entries flow automatically to the general ledger
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