When was Airbase founded?

Airbase was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Airbase located?

Airbase is headquartered in San Francisco, United States. It is registered at Burlingame, California.

Who is the current CEO of Airbase?

Thejo Kote of Airbase. They have also founded 1 company and are angel investors in 6 startups, including Automatic.

Which legal entities is Airbase associated with?

Airbase is associated with AIRBASE, INC and 1 other.

How many employees does Airbase have?

As of Sep 30, 2026, the latest employee count at Airbase is 299.

Is Airbase a funded company?

Airbase is a funded company, having raised a total of $91M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 17, 2019.

How much is Airbase worth?

The last known valuation of Airbase was $***** as of May 30, 2023.

When was the latest funding round of Airbase?

Airbase's latest funding was a $***** Conventional Debt round on Jul 15, 2022, with participation from 1 investor.

Where does Airbase rank among its competitors?

Airbase ranks 3rd amongst 215 active competitors, of which 48 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was SkySelect, which secured $9M in Mar, 2026.

Who are the top competitors of Airbase?

Airbase's top competitors include Coupa, DailyPay and Papaya Global. Among them, SkySelect secured the most recent funding round in March, 2026.

Airbase - 2026 Company Profile, Team, Funding & Competitors

Airbase is an acquired company based in San Francisco (United States), founded in 2017 by Thejo Kote. It operates as a Provider of a platform integrating human resources, finance, and information technology. Airbase has raised $91M in funding from investors like First Round Capital, Bain Capital Ventures and Menlo Ventures, with last known valuation of $*****. The company has 215 active competitors, including 48 funded and 44 that have exited. Its top competitors include companies like Coupa, DailyPay and Papaya Global.

Company Details

Provider of a platform integrating human resources, finance, and information technology. The platform aims to connect these departments, allowing users to manage payroll and non-payroll spending through one system. This unified approach seeks to deliver real-time visibility and stronger financial controls. The platform offers interactive product tours for exploration of its modules.

Website: www.airbase.com
Social
Email ID: *****@airbase.io
Part Of
Registered Address: Burlingame, California

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Acquired

Total Funding

$91M in 5 rounds

Latest Funding Round

Conventional Debt, Jul 15, 2022, $*****

Last Known Valuation

$***** as on May 30, 2023

Investors

First Round Capital & 23 more

Ranked

3^rd among 215 active competitors

Employee Count

299 as on Sep 30, 2026

Similar Companies

Coupa & 361 more

Exit Details

Acquired by Paylocity (Sep 04, 2024)

View Airbase's full profile

Airbase is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
AIRBASE LABS INDIA PRIVATE LIMITED CIN: U74999KA2019PTC124221 , India, Active	May 10, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	182 (As on Jan 31, 2025)
AIRBASE, INC CIN: 814371385 , United States, Active	Dec 26, 999	-	72 (As on Dec 31, 2023)	-

Airbase got acquired by Paylocity on Sep 04, 2024.

Click here to take a look at Airbase's acquisition in detail

Airbase has raised a total funding of $91M over 5 rounds. Its first funding round was on Apr 17, 2019. Its latest funding round was a Conventional Debt round on Jul 15, 2022 for $*****. 1 investor participated in its latest round. Airbase has 21 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Airbase:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 15, 2022	4669943	Conventional Debt	1049978	9056933	4581012	7756541
Feb 15, 2022	3229990	Series B	5002049	8780753	5155547	3854094
Jun 08, 2021	2443734	Series B	9843479	2959398	Menlo Ventures	Craft Ventures & 5 more

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View details of Airbase's funding rounds and investors

The founders of Airbase is Thejo Kote. Thejo Kote is the CEO of Airbase.

Here are the details of Airbase's key team members:

Thejo Kote: Founder & CEO of Airbase and founder of 2 other companies, Airbase and Automatic. They are also an angel investor in 6 startups.

View details of Airbase's Founder profiles and Board Members

Airbase's employee count trend

Airbase has 299 employees as of Sep 26. Here is Airbase's employee count trend over the years:

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Top competitors of Airbase include Coupa, DailyPay and Papaya Global. Here is the list of Top 10 competitors of Airbase, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 18 others	85/100
2nd	DailyPay 2015, New York City (United States), Series D	Financial wellness and earned wage access platform that enables employees to access their earned pay on-demand	$264M	Carrick Capital Partners, Intercept Ventures ... & 47 others	74/100
3rd	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	Goldman Sachs, Akkadian Ventures & 22 others	72/100
4th	Papaya Global 2016, New York City (United States), Series D	Provider of platform for managing and paying global workforce and contractors	$440M	Insight Partners, Greenoaks & 22 others	71/100
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
6th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	65/100
7th	Wrapbook 2018, New York City (United States), Series B	Provider of production payroll, accounting, and cost-tracking software solutions	$151M	Tiger Global Management, Bessemer Venture Partners ... & 11 others	65/100
8th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 7 others	64/100
9th	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	The Rock Creek Group, Verb Ventures & 12 others	64/100
10th	Ivalua 2000, Redwood City (United States), Series B	Developer of software for procurement spend and supplier management processes	$134M	Tiger Global Management, KKR & 8 others	64/100