The Barracuda Networks-backed expense management software provider has filed to go public having disclosed less than $28m in funding.
Expensify, a US-based expense management software developer backed by cybersecurity services provider Barracuda Networks, filed for an initial public offering on the Nasdaq Global Market on Friday.
Founded in 2008, Expensify has developed a cloud-based platform that allows businesses to manage employee expenses. It claims it had nearly 640,000 paid members across 53,000 companies in more than 200 countries and territories as of the end of June this year.
The company, which has set a $100m placeholder target for…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
