Moss

The company's core offering is a modular platform that centralizes company spending, including corporate cards, invoice management, and employee reimbursements. Clients can issue unlimited physical and virtual corporate cards with built-in controls and spending limits, track expenses in real-time, and automate receipt collection. The platform's accounts payable module digitizes the invoice process from capture and approval to payment, utilizing AI to extract data and reduce manual entry. It also simplifies employee expense claims for out-of-pocket costs, mileage, and per diems through an automated workflow. Moss's business model is based on a flexible subscription service where clients can choose a base package and add advanced modules as they grow, such as procurement, advanced controlling, and AI-powered accounting.

Moss launched in mid-2020, initially offering corporate credit cards for startups in Germany before expanding to serve the broader SME market. A significant milestone was the Series B funding round in January 2022, which raised €75 million, bringing the company's valuation to over €500 million. The platform integrates with over 40 common accounting/ERP systems like DATEV, Xero, and NetSuite, as well as HR systems, to create a connected financial tech stack. Serving over 7,000 businesses and processing over €7 billion in annual spend, Moss has expanded its operations with offices in Berlin, Amsterdam, London, Warsaw, and Tallinn.