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18 April 20223 minute read

DLA Piper advises Jeeves in its US$180 million Series C financing

DLA Piper represented Jeeves, the all-in-one corporate card and expense management platform for global startups, in its US$180 million Series C funding at a valuation of $2.1 billion, just seven months after its Series B round.

Jeeves has doubled its client base to more than 3,000 companies and has grown revenue by 900% since the Series B. It serves high-growth startups, e-commerce companies and SMEs across 24 countries and three continents and looks to cover more than 40 countries in the next three years.

“We are excited to play a role in Jeeves’ success and look forward to watching its rapid growth continue into key markets,” said Andrew Gilbert, vice-chair of DLA Piper’s US corporate practice. “We take pride in harnessing our deep capabilities and experience to represent emerging companies through all stages of growth and remain committed to helping organizations like Jeeves succeed.”

In addition to Gilbert (Short Hills), the DLA Piper team was comprised of Nicholas Klein (Washington), Paolo Morante (New York), Stacy Paz (Silicon Valley), and Patrick Harrity (Short Hills).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 12 consecutive years, according to Mergermarket.