Expensify

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

Launch date

May 2008

Employees

Market cap

Enterprise valuation

€167m (Public information from Sep 2024)

San Francisco California (HQ)

http://expensify.com

https://twitter.com/expensify https://www.facebook.com/expensify https://www.linkedin.com/company/expensify https://apps.apple.com/app/id471713959 https://play.google.com/store/apps/details?id=org.me.mobiexpensifyg

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Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	88.1m	143m	169m	151m	138m	148m	163m
% growth	9 %	62 %	19 %	(11 %)	(8 %)	7 %	10 %
EBITDA	8.9m	(5.1m)	(9.8m)	(28.0m)	35.1m	38.0m	46.1m
% EBITDA margin	10 %	(4 %)	(6 %)	(19 %)	25 %	26 %	28 %
Profit	(1.7m)	(13.6m)	(27.0m)	(41.5m)	(9.2m)	(2.1m)	2.7m
% profit margin	(2 %)	(9 %)	(16 %)	(28 %)	(7 %)	(1 %)	2 %
EV / revenue	-	24.8x	4.1x	1.2x	1.4x	1.1x	0.7x
EV / EBITDA	-	-699.7x	-69.9x	-6.5x	5.5x	4.1x	2.6x
R&D budget	6.7m	11.0m	13.7m	23.4m	-	-	-
R&D % of revenue	8 %	8 %	8 %	16 %	-	-	-

Date	Investors	Amount	Round
-	PJC Sweetwater Capital Partners CIBC Innovation Banking	N/A	-
Jan 2009	N/A	N/A	Early VC
May 2009	SV Angel Baseline Ventures Travis Kalanick Hillsven Capital	$1.0m	Seed
Sep 2010	Redpoint Ventures Baseline Ventures Travis Kalanick Hillsven Capital	$5.7m	Series A
Sep 2014	Coyote Ridge Ventures Barracuda Networks	$3.5m	Series B
Jul 2015	Redpoint Ventures SV Angel OpenView Venture Partners Baseline Ventures Travis Kalanick	$17.5m	Series C
Jun 2018	N/A	$11.0m	Debt
Nov 2021*	N/A	$27.0m Valuation: $2.2b 24.8x EV/LTM Revenues 244.4x EV/LTM EBITDA	IPO
Total Funding		€25.2m

Tech stackLearn more about the technologies and tools that this company uses.