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Fyle Revenue & Funding (2019)

Fyle generated $9M in revenue in 2019.

Fyle is a cloud-based expense management platform that provides businesses with an easy and efficient way to manage their expenses. The company was founded in 2016 and is headquartered in Newark, Delaware. Fyle's platform uses advanced technology, including machine learning and artificial intelligence (AI), to automate the expense management process, from expense reporting to reimbursement. The platform allows employees to capture their expenses using various sources, such as emails, receipts, and credit card statements, and automatically extracts the relevant information. Fyle's platform integrates with various accounting software, making it easy for businesses to manage their expenses and maintain accurate financial records. The platform is designed to provide businesses with real-time insights into their spending patterns, enabling them to make informed decisions about their expenses. Fyle serves businesses of all sizes across multiple industries, including healthcare, finance, and retail. The company has received recognition for its innovative expense management solutions and is considered a leader in the expense management market.

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Fyle Revenue

In 2019, Fyle's revenue reached $9M.

Fyle Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M$10M2016201720182019$0$9MSource: GetLatka.com
YearMilestoneSource
2019Fyle Hit $9m revenue in October 2019Not recorded
2016Launched with $0 revenue

Fyle Valuation, Funding Rounds

Fyle has not publicly disclosed its valuation. The company has raised $10.2M in total funding to date.

Fyle has raised $10.2M in total funding across 5 rounds, most recently a $4.5M Series A round in 2019.

Fyle Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2.5M$0.4$5M$0.6$7.5M$0.8$10M$1$12.5M2016201720182019Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Series A$4.5M--Not recorded
2019Series A$140.3K--Not recorded
2019Series A$4M--Not recorded
2018Seed$1.1M--Not recorded
2017Seed$400K--Not recorded

Customers

Fyle serves 300 customers.

Fyle Employees & Team Size

Fyle employs approximately 181 people as of 2026, up from 132 in 2023, including 11 sales reps that carry a quota. It serves 300 customers that rely on its solutions.

Fyle Team GrowthReported headcount over time0408012016020020162017201820192020202120222023202400181181Source: GetLatka.com
YearMilestoneSource
2024Reached 181 employees (December 2024)Not recorded
2024Reached 132 employees (October 2024)Not recorded
2023Reached 132 employees (September 2023)Not recorded
2023Reached 117 employees (July 2023)Not recorded
2023Reached 119 employees (January 2023)Not recorded
2022Reached 107 employees (January 2022)Not recorded
2021Reached 93 employees (August 2021)Not recorded
2019Reached 96 employees (October 2019)Not recorded

Frequently Asked Questions about Fyle

What is Fyle's revenue?

As of 2019, Fyle generated $9M in revenue.

Who is the CEO of Fyle?

The CEO of Fyle is Sivaramakrishnan Narayanan.

How much funding does Fyle have?

Fyle raised $10.2M across 5 rounds.

How many employees does Fyle have?

As of 2024, Fyle had 181 employees.

Where is Fyle headquartered?

Fyle is headquartered in Newark, Delaware, United States.

Compare Fyle to the industry

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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