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Expensify

Fintech · San Francisco, United States · Founded 2008 · IPO 2021

Software company that develops a travel and expense web and mobile application for personal and business use MoreLess

Expensify's story begins in 2008, when David Barrett, a seasoned programmer, founded the company in San Francisco. Barrett, who had a knack for simplifying complex processes, saw an opportunity to streamline the cumbersome task of expense reporting. His vision was to create a user-friendly platform that would automate the process of tracking and managing expenses for businesses and individuals alike.

Under Barrett's leadership, Expensify quickly gained traction. The platform's intuitive design and powerful features attracted a growing user base, and the company expanded its offerings to include features like receipt scanning and real-time expense reporting. This innovation set Expensify apart in the competitive fintech landscape.

In 2021, Expensify reached a significant milestone by going public. The company's Initial Public Offering (IPO) was a testament to its growth and success in the financial technology sector. The IPO not only provided Expensify with additional capital to fuel its expansion but also solidified its position as a leader in expense management solutions.

Today, Expensify continues to evolve, driven by its mission to simplify expense management for businesses of all sizes. With a commitment to innovation and customer satisfaction, Expensify remains at the forefront of the industry, helping millions of users worldwide manage their expenses with ease.

Valuation $114M
Revenue $135M
EBITDA $23M
Total funding $10–50M

Talent graph

Expensify's talent

Book a demo to see the people
Employees mapped 231 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 21 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Expensify's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 4 investors entered at this stage
SV Angel
Baseline Ventures
Travis Kalanick
Hillsven Capital
Series A 3 investors entered at this stage
Redpoint
Barracuda Networks
Coyote Ridge Ventures
Series B+ 2 investors entered at this stage
OpenView Venture Partners
Canadian Imperial Bank of Commerce

Global footprint

Where Expensify has talent and traffic

Workforce by country
25 countries with
team presence
🇺🇸 United States63.6%
🇬🇧 United Kingdom6.8%
🇦🇺 Australia3.1%
🇧🇷 Brazil3.1%
🇮🇳 India2.5%
Top 5 of 25 shown
Web traffic by country
1.5M monthly visits
across markets
🇺🇸 United States70.9%
🇨🇦 Canada3.9%
🇬🇧 United Kingdom3.9%
🇦🇺 Australia3.4%
🇻🇳 Vietnam1.4%
Top 5 markets shown

Patent intelligence

$6M patent portfolio · 14 active families

Estimated portfolio value
$6M
5.7% of market cap · 3.4× smaller than top peer Coupa ($22M)
14 active patent families
Where Expensify innovates Computer networkComputer securityComputing systemsDatabaseFinancial transaction

Where Expensify concentrates vs peers

Each axis is a top-10 topic across Expensify and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about Expensify

An AI-synthesized read of the highest-engagement posts about Expensify on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Expensify on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.