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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
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Equity Crowdfunding | $777.7K | $27.8M | 3% | |
| 2019 | Equity Crowdfunding | $1.9M | - | - | |
| 2018 | Angel Round |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Expend yet.
Expend employs approximately 23 people as of 2026, including 2 sales reps that carry a quota.
Expend generates an estimated $3.1M in annual revenue.
Expend was founded by Johny Vowles.
The CEO of Expend is Johny Vowles.
Expend raised $4.7M across 6 rounds.
Expend has 23 employees.
Expend is headquartered in London, England, United Kingdom.
Expend operates across multiple industries. Browse revenue, funding, and growth data for Expend in each sector below.
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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Valuation
$27.8M
2024 Revenue
$3.1M(Est.)
Funding
$4.7M
Team
23
Founded
2013
| 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 | |
| 2013 | Launched with $0 revenue |
| $530.6K |
| - |
| - |
| 2017 | Angel Round | $662.7K | - | - |
| 2016 | Angel Round | $662.7K | - | - |
| 2015 | Angel Round | $198.8K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 23 employees (October 2024) | |
| 2023 | Reached 23 employees (December 2023) | |
| 2022 | Reached 16 employees (December 2022) | |
| 2021 | Reached 15 employees (December 2021) | |
| 2021 | Reached 14 employees (April 2021) |
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