Deals
Travel Expenses AI Startup Worth $100 million in Fund Raiser
- Yokoy so far has around 300 corporate customers in Switzerland
- Swisscom-backed firm will use funds to grow in Europe, U.S.
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A Switzerland-based startup that says it uses artificial intelligence to help manage travel expenses is raising funds at $100 million valuation, according to people familiar with the matter.
Yokoy Group AG has raised about $26 million in a funding round led by Left Lane Capital, with participation from Balderton Capital, the Zurich-based firm said in an emailed statement.