Everlance
Latest round
- Seed
Last raised
- Jun 2016
Total raised
- Undisclosed
Investors
- 7
About Everlance
Based in the US, Everlance, Inc.Everlance, Inc. is a technology firm focused on providing automated mileage and expense tracking solutions. Founded in 2015, the company is headquartered in San Francisco, US. The founders, Alex Marlantes and Gabriel Rodríguez, have prior experience in technology ventures.Everlance offers a comprehensive mileage and expense tracking solution designed to automate the process of logging business miles and associated expenses. The core functionality of the Everlance app utilizes GPS technology to automatically track mileage, allowing users—primarily self-employed individuals and businesses—to categorize their trips as either personal or work-related with a simple swipe. The app also logs expenses through direct integration with users’ credit cards or bank accounts, eliminating the need for manual entry. It generates IRS-compliant mileage logs and expense reports that can be accessed via both mobile and desktop platforms.Everlance generates revenue primarily through subscription-based services tailored for both individual users and businesses. Clients can opt for various pricing tiers that offer advanced features such as real-time GPS tracking, automated expense categorization, and access to detailed IRS-compliant reports. The transaction structure typically involves monthly or annual subscriptions, allowing clients to utilize the mileage tracking and expense management features without any need for additional hardware. Revenue is also derived from partnerships with businesses that integrate Everlance into their employee reimbursement programs, enhancing operational efficiency.Following the acquisition by Motus, LLC on February 19, 2025, Everlance plans to strengthen its product and service offerings while expanding its geographic footprint. Specific plans include the development of new features and tools to further automate and streamline expense tracking for users, with a focus on optimizing user experience and increasing market penetration.
Who invested in Everlance
7 investors across 1 round
See all investors in Everlance
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Jun 20, 2016
Amount
Undisclosed
Investors
Questions about Everlance
Who invested in Everlance?
Everlance has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Everlance raised?
Everlance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Everlance last raise money?
Everlance's most recent round on record is a Seed, in Jun 2016.
What does Everlance do?
Based in the US, Everlance, Inc.
Where is Everlance headquartered?
Everlance is headquartered in San Francisco, US.
Which VCs invest in companies like Everlance?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Everlance's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like Everlance? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.