Valuation · 2021
$27.8M
2024 Revenue
$3.1M(Est.)
Funding
$4M
Team
23
Founded
2013
Expend Revenue, Valuation & Funding (2024)
Expend generated an estimated $3.1M in annual revenue in 2024. Source: GetLatka estimate
Provider of an expense management software and payment cards intended to improve business expenses process. The company offers mileage tracking, accounting integration, cash management, real-time tracking and instant reports as well as offers smart payment cards, enabling businesses to manage their expenses with reduced complexity.
Last updated
Expend Revenue
In 2024, Expend's revenue reached $3.1M. The company previously reported $2.1M in 2023. Since its launch in 2013, Expend has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Expend Hit $3.1m revenue in October 2024 | Estimated |
| 2023 | Expend Hit $2.1m revenue in December 2023 | Estimated |
| 2021 | Expend Hit $1.2m revenue in April 2021 | Not recorded |
| 2013 | Launched with $0 revenue |
Expend Valuation, Funding Rounds
Expend reached a $27.8M valuation in 2021, set during its Equity Crowdfunding round.
Expend has raised $4M in total funding across 5 rounds, most recently a $777.7K Equity Crowdfunding round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Equity Crowdfunding | $777.7K | $27.8M | 3% | Not recorded |
| 2019 | Equity Crowdfunding | $1.9M | - | - | Not recorded |
| 2018 | Angel | $530.6K | - | - | Not recorded |
| 2016 | Angel | $662.7K | - | - | Not recorded |
| 2015 | Angel | $198.8K | - | - | Not recorded |
Founder / CEO
Johny Vowles
CEO
Expend Employees & Team Size
Expend employs approximately 23 people as of 2026, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 23 employees (October 2024) | Not recorded |
| 2023 | Reached 23 employees (December 2023) | Not recorded |
| 2022 | Reached 16 employees (December 2022) | Not recorded |
| 2021 | Reached 15 employees (December 2021) | Not recorded |
| 2021 | Reached 14 employees (April 2021) | Not recorded |
Frequently Asked Questions about Expend
What is Expend's revenue?
As of 2024, Expend generated an estimated $3.1M in annual revenue.
What is Expend's valuation?
As of 2021, Expend was valued at $27.8M.
Who founded Expend?
Expend was founded by Johny Vowles.
When was Expend founded?
Expend was founded in 2013.
Who is the CEO of Expend?
The CEO of Expend is Johny Vowles.
How much funding does Expend have?
Expend raised $4M across 5 rounds.
How many employees does Expend have?
As of 2024, Expend had 23 employees.
Where is Expend headquartered?
Expend is headquartered in London, England, United Kingdom.
Compare Expend to the industry
Expend operates across multiple industries. Browse revenue, funding, and growth data for Expend in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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