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Bento - About the company

Bento is an acquired company based in San Francisco (United States), founded in 2013 by Farhan Ahmad and Sean Anderson. It operates as a SaaS-driven expense management software for corporate travelers. Bento has raised $26.6M in funding from Edison Partners. The company has 160 active competitors, including 34 funded and 35 that have exited. Its top competitors include companies like Navan, Ramp and Brex.

Company Details

SaaS-driven expense management software for corporate travelers. It extends MasterCard branded individual expense management cards and function cards, like gas cards, that offer employers real-time control over the spending and expense limits for the employees including budget limit, spending limit, and ability to disable or enable the card as and when required. It features solutions for spend control, invoice payment, analytics & reporting, accounting integration, and more. The cards also provide discretion to employers to allow card transactions only for certain activities like food, fuel, travel & more. Their app is available for iOS & Android devices.
Social
XFacebook
Email ID
*****@bentoforbusiness.com
Phone Number
+1 **********
Registered Address
800 NICOLLET MALL,MINNEAPOLIS,MN,55402,0
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acquired
Total Funding
$26.6M in 5 rounds
Ranked
Employee Count
11 - 50 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by US Bank (Aug 11, 2021)

Bento's acquisition details

Bento got acquired by US Bank on Aug 11, 2021.
Click here to take a look at Bento's acquisition in detail
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Bento's funding and investors

Bento has raised a total funding of $26.6M over 5 rounds. Its first funding round was on Feb 11, 2015. Its latest funding round was a Venture Debt round on Mar 22, 2021 for $*****. 3 investors participated in its latest round. Bento has 9 institutional investors.

Here is the list of recent funding rounds of Bento:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 22, 2021
6504730
Venture Debt
1147759
6059462
3295558
5921221
Dec 03, 2020
3995004
Series B
8841609
1060885
3576892
6791854
Jun 28, 2018
6181997
Series B
8028959
2951241
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Bento's founders and board of directors

Founder? Claim Profile
The founders of Bento are Farhan Ahmad and Sean Anderson.
Here are the details of Bento's key team members:

Bento's employee count trend

Bento has 11 - 50 employees as of Jul 24. Here is Bento's employee count trend over the years:
Employee count trend for Bento
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Bento's Competitors and alternates

Top competitors of Bento include Navan, Ramp and Brex. Here is the list of Top 10 competitors of Bento, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Navan
Navan
2015, Palo Alto (United States), Series G
SaaS-based corporate travel and expense management solution for businesses
$1.28B
84/100
2nd
Logo for Ramp
Ramp
2019, New York City (United States), Series E
Provider of a spend management and accounts payable solutions
$2.13B
83/100
3rd
Logo for Brex
Brex
2017, Draper (United States), Series D
SaaS-driven credit card and spend management solutions platform for businesses
$1.2B
82/100
4th
Logo for Wright Express
Wright Express
1983, Portland (United States), Public
Provider of employee benefit administration solutions for enterprises
-
75/100
5th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
SaaS-driven corporate travel expense & invoice management solution
-
74/100
6th
Logo for Sodexo
Sodexo
1966, Issy les Moulineaux (France), Public
Online platform providing payment cards for employee benefits
-
72/100
7th
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Corporate card and expense management platform for businesses
$7.24M
71/100
8th
Logo for Divvy
Divvy
2016, Lehi (United States), Acquired
Spend management solutions for businesses
$448M
70/100
9th
Logo for Marqeta
Marqeta
2010, Oakland (United States), Public
SaaS-based expense management solutions for businesses
$528M
70/100
10th
Logo for Extend
Extend
2017, New York City (United States), Series B
Provider of virtual credit cards and spend management platform for businesses
$68.8M
70/100
12th
Logo for Bento
Bento
2013, San Francisco (United States), Acquired
SaaS-driven expense management software for corporate travelers
$26.6M
69/100
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Looking for more details on Bento's competitors? Click here to see the top ones

Bento's Investments and acquisitions

Bento has made no investments or acquisitions yet.

Reports related to Bento

Here is the latest report on Bento's sector:

News related to Bento

lockFilter this list
Media has covered Bento for a total of 2 events in the last 1 year, 2 of them have been about company updates.
Bento CEO resigns amid fraud allegationsBusinessDayJan 30, 2025Bento
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FAQs about Bento

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