![]() ![]() ![]() That is still $2.70, or 1.9%, higher than the closing price Wednesday, before the deal was announced. dropped 7.88% on the New York Stock Exchange on Monday, to $142.07 per share. , based in San Jose, is a provider of cloud-based software to let small and medium-sized businesses handle transactions like invoices and payments. 30.ĭivvy sells an online tool to allow businesses to manage their company credit cards, expense reports, budgeting and invoices. expected the deal to be made final before Sept. The acquisition must be approved by the boards of directors of both companies, and is subject to regulatory approvals and other closing conditions. We wanted to make buying and selling baby and children items EASY and FU. The fourth, cybersecurity company Venafi, is based in Salt Lake City and valued at $1.15 billion.ĭivvy had been estimated to be worth $1.6 billion, according to CB Insights. The Divvy UP was started by two local moms for the benefit of local families. Of the other four, three are headquartered in Lehi: financial tech firm MX Technologies (valued at $1.9 billion), artificial intelligence company XANT ($1.65 billion), and internet software and services provider Podium ($1.5 billion). Five of them, including Divvy, are based in Utah. According to the business analytics firm CB Insights, there are 670 “unicorns” worldwide. The phrase “unicorn startup” was coined because billion-dollar private startup companies are rare. The deal is worth about $2.5 billion - approximately $625 million in cash, and $1.875 billion in common stock - according to a statement from, released Thursday. They have a large team that's between 201-500 employees.There will be one less “unicorn” roaming Utah’s tech world, as Draper-based financial technology company Divvy has been acquired by California-based. Their company has offices in Utah, Salt Lake City, Provo, Lehi, and Orem. Experience working with Agile development frameworks.ĭivvy focuses on SaaS, Financial Services, Finance Technology, and Fin Tech.1+ years experience leading a team of engineers.Excellent communication skills including verbal and writing in English.Knowledge of design patterns and software engineering best practices.Ability to work as part of a collaborative team in a fast-paced environment.Collaborate with Product Management, Design, and other teams to de ne and deliver on product and technical roadmaps.Learn more about this construction and project management. Support the software and area of your team's ownership The Boyer Company master-planned and developed the Divvy HQ at 136 Center in Draper, Utah.Lead technical discussions and plans to improve the company s overall software quality.Its fused with a smart corporate credit card to provide instant visibility and control. Plan, design, communicate, and implement reliable, scalable, and extensible software systems. Divvy is a leading spend and expense management platform for business. Hoping to reinvent the way companies track expense reports, Utah-based Divvy announced today it has raised 7 million in seed funding and has launched its platform to the public.Evangelize software development best practices and set exceptional standards for the team.Establish a collaborative work environment that fosters autonomy, transparency, a high degree of craftsmanship, and personal growth.The employer identification number (EIN) for Divvy Pay, Inc is 812444657. Lead and manage a team of Software Engineers and technology projects. Divvy Pay, Inc is an employer located at Lehi, UT.You will be responsible for professional development of your team and will work closely with them on a daily basis. ![]() You will challenge current processes and procedures and help streamline and improve them. As a Development Manager, you will be responsible for taking a well-performing team to the next level. We want engineering leaders who are passionate about leading and helping their team in solving problems and addressing customers needs. This position is ideal for someone with a passion for development that is always watching for ways to improve and grow. ![]() With ~10,000 clients, extreme monthly growth, $360 million in venture capital raised from top investors, and 450+ mission-driven employees, we re well on our way. Our FREE financial SaaS platform enables businesses to spend smarter by providing instant insight and transparency into company-wide spend and the ability to easily manage it all in real-time! (+ many more features!) At Divvy, Our vision is to become the modern software bank for business of every small-to-medium business in America. ![]()
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