cytric - About the company
cytric is an acquired company based in Frankfurt Am Main (Germany), founded in 1977. It operates as a Cloud-based travel & expense management solutions for businesses. , with last known valuation of $*****. The company has 814 active competitors, including 150 funded and 129 that have exited. Its top competitors include companies like Brex, Ramp and Zaggle.
Company Details
Cloud-based travel & expense management solutions for businesses. Its product offerings include Cytric Travel for travel booking and Cytric Expense for expense management & reporting solutions. The solutions cover features such as end-to-end GDS connections, policy compliance management, expense management, reporting, and more. The solutions can also be integrated with other third-party systems.
- Website
- cytric.net
- Social
- Email ID
- *****@ifao.net
- Phone Number
- +49 **********
Key Metrics
Founded Year
1977
Location
Frankfurt Am Main, Germany
Stage
Acquired
Last Known Valuation
$***** as on Apr 03, 2014
Ranked
168th among 814 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2021
Employee Count
104 as on May 31, 2026
Exit Details
Acquired by Amadeus (Apr 03, 2014)
Legal entities associated with cytric
cytric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
i:FAO Group GmbH CIN: HRB284654 , Germany, Active | May 16, 2023 | €10M - €50M (As on Dec 31, 2021) | - |
cytric's acquisition details
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cytric's funding and investors
cytric has not raised any funding rounds yet.
cytric's founders and board of directors
Founder? Claim Profilecytric's employee count trend
cytric has 104 employees as of May 26. Here is cytric's employee count trend over the years:
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cytric's Competitors and alternates
Top competitors of cytric include Brex, Ramp and Zaggle. Here is the list of Top 10 competitors of cytric, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brex 2017, Draper (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 85/100 | |
2nd |  Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
3rd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 83/100 | ||
4th |  Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
5th | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
6th | Perk 2012, Austin (United States), Series E | Provider of AI powered platform for managing business travel, expenses, and invoices | $715M | 78/100 | |
7th |  Yonder 2020, London (United Kingdom), Series B | Online platform to discover & book outdoor tours | $81.4M | 76/100 | |
8th |  Fyle 2016, Newark (United States), Acquired | Provider of expense management software automating receipt tracking and reconciliation | $15.4M | 76/100 | |
9th | Provider of software for managing corporate spending and invoice processing | $304M | 76/100 | ||
10th |  Emburse 2002, San Francisco (United States), Acquired | Provider of travel, expense, payment, invoice, and automation management solutions | $7.5M | 76/100 | |
168th | Cloud-based travel & expense management solutions for businesses | - | - | 40/100 |
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cytric's Investments and acquisitions
cytric has made no investments or acquisitions yet.
Reports related to cytric
Here is the latest report on cytric's sector:
News related to cytric
•
Cytric by Amadeus is partnering with AppZen to deliver AI-driven expense auditsFintech Finance•May 12, 2022•Amadeus, AppZen, cytric
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FAQs about cytric
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