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Chrome River Technologies is a technology company.
Chrome River Technologies, known as Emburse Chrome River, delivers cloud-based software for automated travel, expense, invoice management. Its platform streamlines operations using optical character recognition, mobile submission, and automated policy enforcement. Designed for global use, it supports multiple languages, currencies, and integrates international tax capabilities for compliance.
Co-founded by Alan Rich in 2007, Chrome River originated from inefficiencies in manual enterprise expense reporting and invoice handling. Rich sought to build an intuitive, policy-driven solution simplifying complex financial workflows. The company initially focused on automation and transparency for expense management, enhancing corporate spending control.
Serving global enterprises, its solutions automate manual financial processes, empowering finance teams for strategic work. Chrome River’s vision involves continuously evolving its intelligent automation platform. This helps businesses achieve superior accuracy, compliance, and real-time spending insights, fostering organizational agility and sustained growth.
Chrome River Technologies has raised $152.0M across 3 funding rounds.
Chrome River Technologies has raised $152.0M in total across 3 funding rounds.
Chrome River Technologies has raised $152.0M in total across 3 funding rounds.
Chrome River Technologies's investors include Argentum Capital Partners, Bain Capital Ventures, Adams Street Partners, Scale Venture Partners, Unusual Ventures, Argentum.
Chrome River Technologies (now operating as Emburse Enterprise) is a software company that built cloud-native expense reporting and supplier invoice automation products for mid-to-large organizations, focused on simplifying expense, travel and accounts-payable workflows with a configurable SaaS platform and mobile-first user experience[2][5].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick tie-back: Chrome River began as a configurable, mobile-first expense and invoice automation provider and, through enterprise adoption and eventual integration into Emburse Enterprise, has become part of a larger platform positioned to drive the next wave of automation and analytics for corporate spend management[2][5].
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Chrome River Technologies has raised $152.0M across 3 funding rounds. Most recently, it raised $35.0M Series D in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 18, 2018 | $35.0M Series D | Argentum Capital Partners, Bain Capital Ventures | |
| Jun 1, 2015 | $100.0M Series D | Adams Street Partners, Scale Venture Partners, Unusual Ventures | |
| Jan 1, 2014 | $17.0M Series C | Bain Capital Ventures | Argentum |