Expensify was founded with a simple, but clear purpose: to make expense reports not suck. Reporting expenses has never been an easy or intuitive process. Like many others, David Barrett felt firsthand the pain of doing expense reports on antiquated, less-than-intuitive platforms. As a result, he and a buddy started working on a product to alleviate that painful process. That product became Expensify. Expensify started with a receipt-scanning vision and in 2009 Expensify raised $1M to make to vision a reality. People loved the idea, as did the tech community and major publications. Less than a year later, Expensify raised another $5.7M to build SmartScan, a product that would forever change the expense reporting marketplace.
"Everyone at Spiceworks who used Expensify loves it. The finance folks love the Intacct integration. Road warriors like myself love it because we’re saving so much time and reducing paper waste with the app."
"Expensify offers a lot of key functionality that gives us the ability to automate the most repetitive and mundane tasks, and we’re in turn able to provide key actionable insights to help our clients grow."
“As a CEO, a hands-off system to do the [paper] chasing is key. A bunch of us had used a different expense system in the past, but the reality is that people would rather not do expense reports at all than deal with an inefficient and difficult-to-use system, so we knew we had to find something that was much friendlier and easier to use for our employees.”
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