# Expensya

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/expensya

- Industry: Software
- Headquarters: Paris, France
- Website: www.expensya.com
- Total disclosed funding: $20M
- Latest round: Series B (Apr 29, 2021)
- Investors on record: 4

## About

Expensya SAS, based in France, specializes in automating expense management solutions to streamline handling of employee expenses and payment processes, enhancing efficiency for finance teams and organizations.Founded in 2014 in Paris, France, Expensya SAS focuses on providing expense management solutions. The company has engaged in five strategic deals, with significant investment from ISAI, Seventure Partners, Silicon Badia, and Ternel during its Series B round, raising USD 20.00 mn on July 25, 2023. Marc Clatot is the founder, while Karim Jouini serves as the CEO.Expensya offers a comprehensive expense management solution designed to streamline the handling of employee expenses and payment cards. Core functionalities include automated expense reporting, real-time tracking of expenses, and integration with financial tools and ERP systems. The platform enables users to manage expenses via a mobile application that supports receipt scanning and categorization, operating across multiple currencies and jurisdictions. Additionally, Expensya provides virtual and physical payment cards for employees to manage their spending within predefined budgets, targeting finance teams across various sectors while ensuring compliance with corporate policies.In 2023, Expensya reported revenue of USD 13.20 mn with an EBITDA of USD -4.58 mn. Revenue generation is facilitated through a subscription-based model with tiered pricing plans tailored to businesses of different sizes, allowing for management of expense processes, payment card issuance, and automated reporting.Following the acquisition by Medius Sverige AB in July 2023, Expensya SAS aims to leverage this partnership to enhance its offerings and further stimulate the fintech landscape in Tunisia. The company is expected to focus on expanding its market presence and possibly launching new products designed to enhance expense management solutions, using the capital raised during the Series B funding to support these initiatives.

## Funding rounds

- Series B, Apr 29, 2021, $20M — Seventure Partners, ISAI, Silicon Badia, Ternel

## Investors

- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series B
- ISAI (https://capitalatlas.ai/funds/isai) — Series B
- Silicon Badia (https://capitalatlas.ai/funds/silicon-badia) — Series B
- Ternel (https://capitalatlas.ai/funds/ternel) — Series B