Expensify

Expensify

expensify.com·United States·Updated Jan 10, 2018

Expense management and reporting software for businesses

SaaSFintech

Est. Valuation

$300M

$300,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$5M

$5,000,000/mo

Annual Revenue (ARR)

$60M

$60,000,000/yr

Expensify Revenue History

Revenue history for Expensify from 2017 to 2026.

YearMRRARRYoY GrowthSource
2017$5,833,333$70,000,000Dec 2017
2018$5,000,000$60,000,000-14%Jan 2018

How Expensify Makes Money

subscriptions

Expensify Funding

Expensify is fully bootstrapped with no outside funding. The company has grown to $60,000,000 ARR organically.

Expensify Founders

David Barrett

CEO

Expensify FAQ

How much does Expensify make?
Expensify generates $5,000,000 in monthly recurring revenue (MRR), which is $60,000,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Expensify's valuation?
Expensify's estimated valuation is $300,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Expensify?
Expensify was founded by David Barrett (CEO). The company is based in US.
Is Expensify bootstrapped?
Yes, Expensify is fully bootstrapped with no outside funding. The company has grown to $60,000,000 ARR organically as a solo-founder business.
What does Expensify do?
Expense management and reporting software for businesses Expensify operates in the SaaS, Fintech space.

Companies Similar to Expensify

SaaS companies with similar tags and business models.

How We Estimate Expensify's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.