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Founded Year

2008

Stage

IPO | IPO

Total Raised

$24.7M

Date of IPO

11/10/2021

Market Cap

0.14B

Stock Price

1.60

Revenue

$0000 

About Expensify

Expensify is a company that focuses on spend management in the financial services industry. Its main services include expense tracking, invoicing, bill payment, and travel booking, all aimed at simplifying money management for individuals and businesses. The company primarily serves small businesses, team managers, and accountants. It was founded in 2008 and is based in Sacramento, California.

Headquarters Location

401 SW 5th Ave

Sacramento, California, 94204,

United States

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Expensify's Product Videos

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ESPs containing Expensify

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

The expense management software market aims to streamline and automate the management of employee expenses within an organization. These solutions simplify the process of submitting, approving, and reimbursing expenses, while also providing tools for expense tracking, policy enforcement, and reporting. Solutions typically include features like receipt scanning, expense categorization, mobile apps,…

Expensify named as Leader among 15 other companies, including Brex, Pleo, and Navan.

Expensify's Products & Differentiators

    Expense Managment

    From unlimited receipt scanning and mileage tracking to next-day reimbursement, automate your preaccounting system with an easy to use app.

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Research containing Expensify

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Expensify in 4 CB Insights research briefs, most recently on Oct 26, 2023.

Expert Collections containing Expensify

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Expensify is included in 4 Expert Collections, including HR Tech.

H

HR Tech

4,043 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

S

SMB Fintech

1,586 items

F

Fintech

8,122 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

F

Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Expensify Patents

Expensify has filed 32 patents.

The 3 most popular patent topics include:

  • payment systems
  • credit cards
  • debit cards
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/4/2022

11/28/2023

Payment systems, Debit cards, Credit cards, Payment service providers, Merchant services

Grant

Application Date

1/4/2022

Grant Date

11/28/2023

Title

Related Topics

Payment systems, Debit cards, Credit cards, Payment service providers, Merchant services

Status

Grant

Latest Expensify News

Expensify to Announce Q4 and Full Year Fiscal 2023 Results

Feb 8, 2024

Expensify to Announce Q4 and Full Year Fiscal 2023 Results February 08, 2024 at 09:06 am EST Share Join Expensify's earnings call on Thursday, February 22nd at 2pm PT / 5pm ET Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company’s Q4 and full year fiscal 2023 financial results will be released after market close on Thursday, February 22nd, 2024. Expensify will host a call to discuss its Q4 and full year fiscal 2023 results on Thursday, February, 22nd 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company’s Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to their calendars. After the call, the following will be made available at investors.expensify.com: A full recording of the call An investor deck and press release summarizing financial results To get started using Expensify or to learn more, head over to use.expensify.com. About Expensify Expensify is a payments superapp that helps individuals and businesses around the world simplify the way they manage money. More than 12 million people use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, payroll, and travel booking in one app. All free. Whether you own a small business, manage a team, or close the books for your clients, Expensify makes it easy so you have more time to focus on what really matters. View source version on businesswire.com: https://www.businesswire.com/news/home/20240208622155/en/ Share Expensify, Inc. (Expensify) is engaged in offering a cloud-based expense management software platform that helps businesses to simplify the way they manage money. Its platform is used by people in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. It improves the experience of the actual end users of expense management software. It designs Expensify to be easy to set up, integrate, configure and use from any device, which has enabled it to serve employees of all types and organizations of all sizes, industries and geographies. It offers subscription plans for both individuals and businesses that are self-service and payable by credit card. The Company focuses on improving the everyday experience of regular employees with an easy-to-use platform, which enables a bottom-up business model that is capital efficient and scalable. Sector

Expensify Frequently Asked Questions (FAQ)

  • When was Expensify founded?

    Expensify was founded in 2008.

  • Where is Expensify's headquarters?

    Expensify's headquarters is located at 401 SW 5th Ave, Sacramento.

  • What is Expensify's latest funding round?

    Expensify's latest funding round is IPO.

  • How much did Expensify raise?

    Expensify raised a total of $24.7M.

  • Who are the investors of Expensify?

    Investors of Expensify include Hillsven Capital, Redpoint Ventures, OpenView Venture Partners, PJC, Baseline Ventures and 4 more.

  • Who are Expensify's competitors?

    Competitors of Expensify include Brex, Glean AI, Ramp, Teampay, Sensibill and 7 more.

  • What products does Expensify offer?

    Expensify's products include Expense Managment and 3 more.

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Compare Expensify to Competitors

Ramp Logo
Ramp

Ramp focuses on finance operations. The company offers a range of services including corporate cards, expense management, vendor management, and accounting automation, all designed to streamline and optimize finance operations. Ramp primarily serves businesses of all sizes, from startups to large enterprises, across various sectors. It was founded in 2019 and is based in New York, New York.

Brex Logo
Brex

Brex operates as a financial solutions company. It offers a corporate credit card, expense management solutions, financial modeling, bill payment, business account, and more. The company provides its services to startups and scaling businesses. It was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.

Pleo Logo
Pleo

Pleo operates as a business spend management platform. It provides virtual cards, expenses, automated expense reports for employees, invoices, and more. It serves industries such as retail, healthcare, technology, and more. It was founded in 2015 and is based in Copenhagen, Denmark.

Airbase Logo
Airbase

Airbase develops a modern spend management platform. The company offers a suite of services including accounts payable automation, expense management, and corporate cards, all aimed at controlling spending, closing books faster, and managing financial risk. Its software guides procurement from initial requests to payment and reconciliation, bringing efficiency to complex business processes and accounting needs. It was founded in 2017 and is based in San Francisco, California.

T
Torpago

Torpago offers corporate spending management software. Torpago empowers companies with simple and easy solutions that grant more extensive control and transparency of company spend. The Torpago cards and software enable thousands of businesses to better manage spend. Torpago was founded in 2019 and is based in San Francisco, California.

Jeeves Logo
Jeeves

Jeeves specializes in financial technology solutions. The company offers a range of services including expense management, global accounts, accounts payable, and corporate cards. Its services allow businesses to control their expenses, manage multi-currency business accounts, send cross-border payments, and issue both physical and virtual corporate cards. It was founded in 2019 and is based in Orlando, Florida.

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