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Zurich spend management platform using AI for automated invoice processing, expense management and corporate cards.
Founded in 2019 and headquartered in Zurich, Switzerland, Yokoy Switzerland Ltd. was co-founded by Lars Mangelsdorf, Melanie Gabriel, Philippe Sahli and Thomas Inhelder, with Philippe Sahli as CEO. The AI-powered platform handles invoices, expenses and corporate cards and integrates with ERP and HR systems. Its Series B round raised USD 80.00 mn led by Sequoia Capital, at a company valuation of USD 500.00 mn. The company was acquired by TravelPerk, S.L.U in January 2025.
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