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Dileep Thazhmon

CEO & Founder at Jeeves (YC S20), hiring in 🇲🇽 🇨🇱 🇨🇴 🇧🇷 🇬🇧🇪🇺🇺🇸 🇨🇦

Dileep Thazhmon is the Founder and CEO of Jeeves, a financial technology company providing global payment and expense management solutions.13 He co-founded Jeeves in 2019, which has since grown into a fintech unicorn valued at $2.1 billion.12

Prior to Jeeves, Thazhmon was the Co-Founder and COO of Jeeng/PowerInbox, a successful email monetization platform that reached $40 million+ in annual recurring revenue.1 He has a strong background in entrepreneurship, technology, and finance, with an MBA from Stanford Graduate School of Business and degrees in Computer Engineering from Drexel University.13

Thazhmon's leadership has driven Jeeves to significant milestones, including:

  • Raising $380 million in funding from notable investors like Andreessen Horowitz, CRV, and Y Combinator1
  • Expanding operations across multiple countries and currencies3
  • Serving over 3000 companies worldwide with Jeeves' financial payment stack1

As an accomplished entrepreneur and investor, Thazhmon also has experience as an investor at Voyager Capital and has advised early-stage companies.34 His LinkedIn username is thazhmon, as mentioned in the query.

Highlights

Feb 20 · linkedin

Last year our main goal at Jeeves was to get to positive contribution profit across all offerings, which we hit in Q4 with a solidified cash position and runway 💪 This year we are back on offense — I spent the last week in Brasil meeting some of our incredible global customers and am excited to expand our offering in market this year! 🇧🇷⬆️

We are growing exponentially in Brasil and looking for an exceptional Country Manager, based in São Paulo, to join our small but mighty team (still less than 200 🦁 globally) — if you are looking to learn everyday & build at the cutting edge of global payments ⚡️drop me, Karla Brantley or Brian Siu a note. Ideally this candidate would have run a revenue function or P&L in the fintech or B2B space; but we always solve for relentlessness + hunger over experience.

Additionally, it was amazing to spend time with our whole leadership team in January planning for the year ahead; we have a lot to come this year especially with our Q2 release and expansion plans. I look forward to being back on offense — let’s keep building 🙌

Jul 25 · linkedin

Excited to share what we've been working on for the last 6 month - thanks Mary Ann Azevedo and TechCrunch for covering our biggest build yet and what's ahead! 🦁

  1. We have invested heavily in building global 🌎 fintech infrastructure, and I’m proud to share that as of May 2023 Jeeves is the only expense management provider that has fully local cards 💳 in Latin America (including full principal license membership in Mexico, Colombia, Brazil), North America (US, Canada) and EMEA (UK, Europe).

To put it into perspective, most US expense management providers cannot onboard a Mexican 🇲🇽 or Colombian 🇨🇴 entity. Similarly, Mexican expense management providers cannot onboard a US 🇺🇸 entity.

Jeeves can do both 💪👌

Why is this important? Because when you think about our core customers - global SMB and enterprise businesses (like Kavak, Rappi, Dlocal, H&M, Burger King), they tend to have operations & funds in the US, UK and more. They need to be able to operate across continents, countries, and currencies to run their global companies. Today, they use multiple vendors in each country for corporate cards, expense mgmt, accounts payable etc.

Jeeves changes that.

  1. Similarly, the number one ask we received was to provide cross border 🌐 payments on Jeeves - particularly for paying vendors & invoicing🧾in different countries and currencies, as well as to move funds into & out of Latin America.

While there are many vendors for corridors like EU/UK/US etc. - moving funds out of and between 🇧🇷 , 🇨🇴 & 🇲🇽 remains tedious, opaque, and inefficient.

We have stitched together providers in each country to provide this seamlessly on the Jeeves platform i.e. our goal is to cover both spend management (employees) and vendor management (accounts payable/invoicing/cross border) as we start to look more like a global version of Bill.com longer term.

  1. Lastly, 6 months ago we began Project C.R.E.A.M (Wu Tang nod for those in the know😎) and are thrilled to unveil prepaid cards 💳 today in certain geos.

Our long term goal is to allow customers to switch between credit and self funded for their global payment needs as necessary - in this macroeconomic environment 📈 it makes sense to focus our credit on the regions that are the most profitable (including in LatAm), while providing prepaid cards in other regions where it is a more natural fit.

While this seems like a simple addition, building this across continents is anything but trivial - kudos to the incredible team at Jeeves for working nights & weekends to get Jeeves 2.0 launched in just a few months! 👌🙏

Additionally, I'm excited to welcome another sovereign wealth fund on our cap table and a few key leadership hires to help us scale for the next stage 🙌

We have a lot more to do for this new launch and many iterations to perfect.

Thanks for all your support so far. Let’s keep building! 💪🦁

https://lnkd.in/eUpp4mgZ

Related Questions

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Dileep Thazhmon
Dileep Thazhmon, photo 1
Dileep Thazhmon, photo 2
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Stanford, California, United States