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Valuation

$27.8M

2024 Revenue

$3.1M

Funding

$4.7M

YOY

46.5%

Team

23

Founded

2013

How Expend CEO Johny Vowles grew Expend to $3.1M revenue with a 23 person team in 2024.

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.

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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.

Expend Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M2013201520172019202120232024$0$1M$2M$3MSource: GetLatka.com
YearMilestoneQuote
2024Expend Hit $3.1m revenue in October 2024
2023Expend Hit $2.1m revenue in December 2023
2021Expend Hit $1.2m revenue in April 2021
2013Launched with $0 revenue

Expend Valuation, Funding Rounds

Expend reached a $27.8M valuation in 2021, set during its Equity Crowdfunding round.

Expend has raised $4.7M in total funding across 6 rounds, most recently a $777.7K Equity Crowdfunding round in 2021.

Expend Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$6M$12M$18M$24M$30M2013201420152016201720182019202020212013 cumulative: $0 • 2013 Founded: $02015 cumulative: $199K • 2013 Founded: $0 • 2015 Angel Round: $199K2016 cumulative: $862K • 2013 Founded: $0 • 2015 Angel Round: $199K • 2016 Angel Round: $663K2017 cumulative: $2M • 2013 Founded: $0 • 2015 Angel Round: $199K • 2016 Angel Round: $663K • 2017 Angel Round: $663K2018 cumulative: $2M • 2013 Founded: $0 • 2015 Angel Round: $199K • 2016 Angel Round: $663K • 2017 Angel Round: $663K • 2018 Angel Round: $531K2019 cumulative: $4M • 2013 Founded: $0 • 2015 Angel Round: $199K • 2016 Angel Round: $663K • 2017 Angel Round: $663K • 2018 Angel Round: $531K • 2019 Equity Crowdfunding: $2M2021 cumulative: $5M • 2013 Founded: $0 • 2015 Angel Round: $199K • 2016 Angel Round: $663K • 2017 Angel Round: $663K • 2018 Angel Round: $531K • 2019 Equity Crowdfunding: $2M • 2021 Equity Crowdfunding: $778K @ $28M valuation$5M2013 Founded: $0 valuation2021 Equity Crowdfunding: $28M valuation$28MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Equity Crowdfunding$777.7K$27.8M3%
2019Equity Crowdfunding$1.9M--
2018Angel Round$530.6K--
2017Angel Round$662.7K--
2016Angel Round$662.7K--
2015Angel Round$198.8K--

Founder / CEO

Johny Vowles

Johny Vowles is listed as Founder / CEO at Expend.

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Customers

We do not have customer count information for Expend yet.

Expend Employees & Team Size

Expend employs approximately 23 people as of 2026, including 2 sales reps that carry a quota.

Expend Team GrowthReported headcount over time05101520252013201520172019202120232024002323Source: GetLatka.com
YearMilestone
2024Reached 23 employees (October 2024)
2023Reached 23 employees (December 2023)
2022Reached 16 employees (December 2022)
2021Reached 15 employees (December 2021)
2021Reached 14 employees (April 2021)

Frequently Asked Questions about Expend

What is Expend's revenue?

Expend generates $3.1M in revenue.

Who founded Expend?

Expend was founded by Johny Vowles.

Who is the CEO of Expend?

The CEO of Expend is Johny Vowles.

How much funding does Expend have?

Expend raised $4.7M.

How many employees does Expend have?

Expend has 23 employees.

Where is Expend headquarters?

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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Expend Revenue 2024: $3.1M ARR, $27.8M Valuation