Airbase Secures $150M Credit Facility from Goldman Sachs
- Airbase, a San Francisco, CA-based spend management platform for mid-market and enterprise companies, received $150M in debt financing
- The deal was led by Goldman Sachs
- This latest funding, which closed this month, will allow the company to expand its innovative charge card program to its increasing base of customers
- The company provides a spend management platform for mid-market and enterprise companies
- Its corporate cards are software-enabled, which means they capture and transmit spending data
- Automated approval workflows map to company policies and accounting entries flow automatically to the general ledger
