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.
"Thanks to Expensify, Cater2.me has been able to streamline a very boring and tedious task into something quick and easy. The number of late expense reports has plummeted and our finance team couldn't be happier."
"Employees would be traveling around the country for events, collecting (and losing) receipts. They’d return to the office having to piece together reports with tape and paper receipts. It was an excruciatingly long and drawn out process."
“It’s hard to say how much time Expensify saves us, because we don’t have to do much for expense management anymore – Expensify automates the entire process! We continue to notice improvements in the Expensify product that saves us even more time, so it keeps getting better and better.”
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