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Expensify

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

San Francisco, United StatesFounded 2008Fintech
Valuation $114M Market cap · 2026
Revenue $135M Latest reported FY
EBITDA $23M Latest reported FY
Total funding $10–50M Disclosed equity funding

About Expensify

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.

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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.

Source: Dealroom company data

At a glance

Founded
2008
Headquarters
San Francisco, United States
Listing
IPO 2021
Sector
Fintech
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Latest news

Press, funding announcements and product moves mentioning Expensify.

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Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A3 investors entered at this stage

  • Redpoint
  • Barracuda Networks
  • Coyote Ridge Ventures

Series B and later2 investors entered at this stage

  • OpenView Venture Partners
  • Canadian Imperial Bank of Commerce
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.

Global footprint

Workforce and web traffic by country
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

Patents

Estimated portfolio value
$6M

14 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Expensify on X, ranked by likes and reposts, corporate channels excluded.

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

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