Product Code Database
Expensify, Inc. is a software company that develops an expense management system for personal and business use. Expensify also offers a business credit card called the Expensify Card.
The company has completed several rounds of venture capital funding, raising $1 million in 2009, $5.7 million in 2010, $3.5 million in 2014, and $17 million in 2015.
The company, which expanded its operation in Michigan in 2014, partnered with Gogebic Community College to offer scholarships to students in the area.
In July 2015, CEO David Barrett addressed the United States Congress on behalf of the Mobile app, speaking to a House, Health, and Technology subcommittee.
In November 2017, the company faced allegations of exposing some customers' personal information to contractors manually entering receipts through Amazon's Mechanical Turk service. Expensify acknowledged that a bug allowed fewer than 200 receipts to be visible to certain company contractors using Mechanical Turk to test a new feature under development. The company halted the test.
The company went public on 11 November 2021 under the ticker EXFY. The company's stock has decreased more than 95% since its IPO.
In 2023, Expensify funded an update and renovation of Portland's oldest food cart pod, located next to their Portland headquarters. It was renamed the Midtown Beer Garden.
Expensify allows users to download expense reports based on user transactions.
In June 2025, it was announced they would be expanding their corporate card product to Canada.
Products
Expensify has developed a reporting expense mobile and web application that is available in the Apple and Google Play.
Expensify Ventures
Expensify launched a venture capital arm, Expensify Ventures, as part of a $17 million round of funding the company received in early 2015. Expensify Ventures makes strategic investments in early-stage travel, payments, and finance start-ups.
Political activism
On 22 October 2020, in a highly controversial letter, CEO David Barrett emailed all Expensify customers and non-customers on Expensify's marketing list worldwide, urging them to vote for U.S. presidential candidate Joe Biden.
External links
Categories: Official Website, Software Companies Of The United States, American Companies Established In 2008, Software Companies Established In 2008, Companies Based In Portland, Oregon, Expense Management, Companies Based In Oregon, Software Companies Based In Oregon, 2021 Initial Public Offerings, Companies Listed On The Nasdaq, 2008 Establishments In California
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