Mesh Payments is a financial management startup that provides a travel and expense management solution for global enterprises. The company has recently secured $60 million in new funding, 10 months after its last raise. Founded in Israel and now headquartered in New York, Mesh Payments is focused on helping companies manage their spend through automation. The company has seen its revenue run rate triple in the first half of 2022 since its November 2021 raise, with over 1,000 customers and close to $1 billion in annualized payment volume (TPV) flowing through its platform. Mesh Payments offers a numberless corporate card, providing flexibility, control, and security, along with more integration into organizational systems to provide insights beyond payment. The company's total raised to date is $123 million, with plans to use the new capital toward doubling down on its R&D investment and its go-to-market strategy
Mesh Payments Stock Price
The stock price of Mesh Payments can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
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UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Mesh Payments as well.
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