Espresso - About the company
Espresso is an acquired company based in Uberlandia (Brazil), founded in 2016 by Guilherme Costantin Tangari. It operates as a Provider of expense management platform automating corporate expense report processing. Espresso has raised an undisclosed amount in funding from ACE Ventures. The company has 385 active competitors, including 68 funded and 68 that have exited. Its top competitors include companies like Ramp, Navan and Pleo.
Company Details
Provider of expense management platform automating corporate expense report processing. The platform offers tools for managing reimbursements, corporate cards, and supplier relationships. It provides functionalities such as approval workflows, expense policies, and integrations. The platform includes features for expense classification, mileage tracking, and fraud prevention. It aims to streamline financial operations and improve expense visibility.
- Website
- www.espressoapp.com.br/
- Email ID
- *****@espressoapp.com.br
- Phone Number
- +55 **********
Key Metrics
Founded Year
2016
Location
Uberlandia, Brazil
Stage
Acquired
Latest Funding Round
Investors
Ranked
55th among 385 active competitors
Employee Count
54 as on Sep 30, 2026
Exit Details
Acquired by Sankhya (Aug 09, 2024)
Espresso's acquisition details
Espresso got acquired by Sankhya on Aug 09, 2024.
Click here to take a look at Espresso's acquisition in detail
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Espresso's funding and investors
Espresso has raised funding over 1 round. Its latest funding round was a Seed round on Apr 12, 2017 for $*****. 1 investor participated in its latest round. Espresso has 5 institutional investors.
Here is the list of recent funding rounds of Espresso:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 12, 2017 | 3408467 | Seed | 4866313 | 5033959 | 7845706 | 4231745 |
View details of Espresso's funding rounds and investors
Espresso's founders and board of directors
Founder? Claim ProfileThe founders of Espresso is Guilherme Costantin Tangari. Guilherme Costantin Tangari is the CEO of Espresso.
Here are the details of Espresso's key team members:
- Guilherme Costantin Tangari: Founder & CEO of Espresso.
View details of Espresso's Founder profiles and Board Members
Espresso's employee count trend
Espresso has 54 employees as of Sep 26. Here is Espresso's employee count trend over the years:
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Espresso's Competitors and alternates
Top competitors of Espresso include Ramp, Navan and Pleo. Here is the list of Top 10 competitors of Espresso, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
3rd | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
4th | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 79/100 | |
5th | Provider of software for managing corporate spending and invoice processing | $304M | 77/100 | ||
6th | Emburse 2002, San Francisco (United States), Acquired | Provider of software for managing corporate travel and expense reporting | $7.5M | 76/100 | |
7th | Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 | |
8th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
9th | Expensify 2008, San Francisco (United States), Public | Provider of expense management software, corporate cards, and travel booking | $27.8M | 74/100 | |
10th | Jeeves 2019, New York City (United States), Series C | Digital company offering payment and corporate financial cards | $380M | 72/100 | |
55th | Provider of expense management platform automating corporate expense report processing | - | 46/100 |
Looking for more details on Espresso's competitors? Click here to see the top ones
Espresso's Investments and acquisitions
Espresso has made no investments or acquisitions yet.
Reports related to Espresso
Here is the latest report on Espresso's sector:
News related to Espresso
•
Sankhya’s Acquisition of EspressoGlobal Legal Chronicle•Aug 28, 2024•Bronstein, Zilberberg, Chueiri & Potenza Advogados, Sankhya Technologies, Espresso
•
Sankhya goes into expense management via Espresso acquisitionTI Inside•Aug 13, 2024•Sankhya, Espresso
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