Expensify is a financial services company that provides an online expense management service for businesses.
Expensify is a financial services startup that provides an online expense management service for businesses. It is a great solution for solopreneurs, startups, SMBs, mid-market companies, and enterprises. The company's expense management service does expense reports by importing expenses and receipts from credit cards and emails in conjunction with the Expensify mobile app to take pictures of receipts. Expense reimbursement can be done in-product through ACH Direct Deposit or by exporting reports to a payroll solution. Expensify's patented SmartScan technology reads receipts and automatically creates expenses or matches them to transactions imported from a credit card.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 10, 2021 | IPO | $263M | — | — | — | Detail |
Oct 31, 2021 | Debt Financing | $100M | 1 | CIBC Innovation Banking | — | Detail |
Apr 14, 2021 | Secondary Market | — | 1 | — | — | Detail |
Jun 11, 2018 | Debt Financing | $11M | 1 | CIBC | — | Detail |
Jul 27, 2015 | Series C | $17M | 4 | OpenView | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
CIBC Innovation Banking | Yes | Debt Financing |
CIBC | Yes | Debt Financing |
OpenView | Yes | Series C |
Greyrock Investments | — | Secondary Market |
Hillsven Capital | — | Series C |
PJC | — | Series C |
Redpoint | — | Series C |
Barracuda Networks | — | Series B |
Coyote Ridge Ventures | — | Series B |
NOMO Ventures | — | Series B |