Expensify

SoftwareSeries CPortland, USexpensify.com

Latest round

Series C

Last raised

Jul 2015

Total raised

$28M

Investors

8

About Expensify

Based in Oregon, US, and founded in 2008, Expensify, Inc. is a provider of expense report management and tracking services that help automate companies' expense reporting processes. The company was founded by David Barrett, who serves as the CEO of the company as of 2021. In June 2018, Expensify, Inc. Expensify started trading on the Nasdaq Global Market on November 2021 under the ticker symbol EXFY. The company has offices in San Francisco, Portland, Oregon, London, the United Kingdom, Melbourne, Australia, and Ironwood, Michigan. The company's platform works on any device and creates online reimbursement reports for credit card-based costs and receipts utilizing accounting software, allowing companies and individuals to track every transaction done in an automatic and straightforward manner. Expensify, Inc. has created a mobile and online application for expenditure reporting that is accessible in the Apple and Android app stores. The app records and saves costs such as gas, travel, and meals, when users picture receipts, artificial intelligence recognizes the merchant, date, and amount of the transaction, then automatically categorizes and saves the expense.46 million in 2019.0 million. The company generates revenue through platform subscriptions, which include free, collect, and control subscription packages. Expensify produces 60% of its income from individuals who download apps free of charge, which in turn results in the purchase of a bundle for a whole organization.

Who invested in Expensify

8 investors across 4 rounds

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Funding rounds

  1. Series C

    Jul 27, 2015

    Amount

    $18M

    Investors

    Locked

  2. Series B

    Sep 30, 2014

    Amount

    $3.5M

    Investors

    Locked

  3. Series B

    Sep 8, 2010

    Amount

    $5.8M

    Investors

    Locked

  4. Series A

    May 26, 2009

    Amount

    $1M

    Investors

    Locked

Questions about Expensify

Who invested in Expensify?

Expensify has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Expensify raised?

Expensify has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Expensify last raise money?

Expensify's most recent round on record is a Series C, in Jul 2015.

What does Expensify do?

Based in Oregon, US, and founded in 2008, Expensify, Inc.

Where is Expensify headquartered?

Expensify is headquartered in Portland, US.

Which VCs invest in companies like Expensify?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Expensify's stage. Their profiles are linked below.

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