Yokoy raises $26 million in a Series A round led by Left Lane Capital.

Yokoy, a Zurich, Switzerland-based software startup developing an automated spend management tool for medium and big companies, announced that it raised $26 million in series A funding round.

The money was raised from investors led by Left Lane Capital, joined by Balderton.

Yokoy, founded in 2019 by Devis Lussi, Lars Mangelsdorf, Melanie Gabriel, Philippe Sahli, Thomas Inhelder, developed a software tool for midsized to enterprise-level companies, helping them fully customise their own process flows, integrating with all major third-party tools, as well as anonymise and automaticall capture data to constantly improve processes based on each company’s needs. The company says it works with over 400 clients including DPD Group, Stadler Rail, Russia’s Sberbank, the Swiss bank Swissquote.

Yokoy previously raised $2.7 million in 2020.