Folio
Durham, US · Founded 2025 · 40 employees on LinkedIn · 3 known investors
Folio is a procure-to-pay platform for hotels and hospitality businesses, letting teams order from suppliers, process and match invoices, manage inventory, and pay bills in one place. It also offers corporate cards and payment services, integrates with ERPs, and is used by over 300 hotels.
Founders & leadership
Folio was founded in 2025 by Kate Adamson and Al Hertz.
KA
Kate AdamsonFounder
AH
Al HertzinCo-Founder
Investors · 3
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Funding
SEC filings, press & company announcements$14M disclosed across 1 of 2 rounds · 2025
- $14MSeries AJul 2025 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Folio do?
- Folio is a procure-to-pay platform for hotels and hospitality businesses, letting teams order from suppliers, process and match invoices, manage inventory, and pay bills in one place. It also offers corporate cards and payment services, integrates with ERPs, and is used by over 300 hotels.
- Who founded Folio?
- Folio was founded by Kate Adamson, Al Hertz in 2025.
- Who are Folio's investors?
- Folio's investors include Construct Capital, Designer Fund, Thrive Capital.
- How much funding has Folio raised?
- Folio has disclosed $14M raised across 1 of its 2 known rounds.
- Where is Folio headquartered?
- Folio is headquartered in Durham, US.