General Information

Expensify is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Every day, people from all walks of life in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. Since our founding in 2008, we have added over 10 million members to our community, and processed and automated over 1.1 billion expense transactions on our platform, freeing people to spend less time managing expenses and more time doing the things they love. For the quarter ended June 30, 2021, an average of 639,000 paid members across 53,000 companies and over 200 countries and territories used Expensify to make money easy.

(Note: Expensify priced its IPO on Nov. 9, 2021, at $27 – the top of its recently increased price range – and priced 9.73 million shares to raise $262.71 million. Expensify increased its IPO price range to $25 to $27 – up from $23 to $25 – and kept the number of shares at 9.73 million, according to an S-1/A filing dated Nov. 8, 2021.)

Employees: 140
Founded: 2008
Contact Information
Address 401 SW 5th Ave., Portland, Oregon 97204, US
Phone Number (971) 365-3939
Web Address http://www.expensify.com
View Prospectus: Expensify
Financial Information
Market Cap $1941.6mil
Revenues $112.5 mil (last 12 months)
Net Income $3.0 mil (last 12 months)
IPO Profile
Symbol EXFY
Exchange NASDAQ
Shares (millions): 9.7
Price range $27.00 - $27.00
Est. $ Volume $262.7 mil
Manager / Joint Managers J.P. Morgan/ Citigroup/ BofA Securities
CO-Managers Piper Sandler/ JMP Securities/ Loop Capital Markets
Expected To Trade: 11/10/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change