Oversight Systems - About the company
Oversight Systems is an acquired company based in Atlanta (United States), founded in 2003. It operates as an AI-powered financial risk management platform. Oversight Systems has raised $27.2M in funding from investors like Adobe, Sigma Partners and Granite Ventures. The company has 372 active competitors, including 67 funded and 69 that have exited. Its top competitors include companies like Brex, Ramp and Navan.
Company Details
AI-powered financial risk management platform. It unifies financial and compliance data, delivering real-time monitoring, fraud detection, and audit automation. It monitors financial transactions, aiming to catch what enterprise resource planning and accounts payable systems cannot. The platform offers features such as duplicate payment prevention, contract compliance scoring, and detection of unusual spend patterns.
- Website
- www.oversight.com/
- Email ID
- *****@oversightsystems.com
- Phone Number
- +1 **********
- Registered Address
- Marietta, Georgia
Key Metrics
Founded Year
2003
Location
Atlanta, United States
Stage
Acquired
Total Funding
$27.2M in 5 rounds
Latest Funding Round
Ranked
16th among 372 active competitors
Employee Count
171 as on Jul 31, 2026
Exit Details
Acquired by TCV (Sep 02, 2020)
Legal entities associated with Oversight Systems
Oversight Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OVERSIGHT SYSTEMS, INC. CIN: 383689825 , United States, Active | Dec 31, 1999 | - | 138 (As on Dec 31, 2024) | - |
OVERSIGHT SYSTEMS, INC CIN: 383689825001 , United States, Active | - | 144 (As on Dec 31, 2022) | - |
Oversight Systems's acquisition details
Oversight Systems got acquired by TCV on Sep 02, 2020.
Click here to take a look at Oversight Systems's acquisition in detail
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Oversight Systems's funding and investors
Oversight Systems has raised a total funding of $27.2M over 5 rounds. Its first funding round was on Jul 01, 2008. Its latest funding round was a PE round on Jul 12, 2016 for $*****. 1 investor participated in its latest round. Oversight Systems has 9 institutional investors.
Here is the list of recent funding rounds of Oversight Systems:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 12, 2016 | 7709969 | PE | 4003198 | 2801354 | 6937857 | 6838233 |
Mar 29, 2012 | 2832353 | Series C | 6207096 | 1695876 | 3102719 | 7398135 |
Sep 27, 2010 | 4227792 | Series B | 7894191 | 9320642 | 6268123 | 8564024 |
View details of Oversight Systems's funding rounds and investors
Oversight Systems' founders and board of directors
Founder? Claim ProfileOversight Systems' employee count trend
Oversight Systems has 171 employees as of Jul 26. Here is Oversight Systems's employee count trend over the years:
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Oversight Systems's Competitors and alternates
Top competitors of Oversight Systems include Brex, Ramp and Navan. Here is the list of Top 10 competitors of Oversight Systems, 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 | Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
4th | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
5th | Fyle 2016, Newark (United States), Acquired | Provider of expense management software automating receipt tracking and reconciliation | $15.4M | 77/100 | |
6th | Emburse 2002, San Francisco (United States), Acquired | Provider of travel, expense, payment, invoice, and automation management solutions | $7.5M | 76/100 | |
7th | Provider of software for managing corporate spending and invoice processing | $304M | 75/100 | ||
8th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
9th | Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 | |
10th | Expensify 2008, San Francisco (United States), Public | Provider of expense management software, corporate cards, and travel booking | $27.8M | 74/100 | |
16th | Oversight Systems 2003, Atlanta (United States), Acquired | AI-powered financial risk management platform | $27.2M | 64/100 |
Looking for more details on Oversight Systems's competitors? Click here to see the top ones
Oversight Systems's Investments and acquisitions
Oversight Systems has made no investments or acquisitions yet.
Reports related to Oversight Systems
Here is the latest report on Oversight Systems's sector:
News related to Oversight Systems
Media has covered Oversight Systems for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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Oversight's Next-Gen AI Platform Ushers in the Era of Finance Risk IntelligenceGlobal Fintech Series•Dec 16, 2025•Oversight Systems
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Oversight Earns 2021 Great Place to Work Certification™Oversight Systems•Nov 08, 2023•Oversight Systems
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Oversight Earns 2023-2024 Great Place To Work Certification™Oversight Systems•Nov 08, 2023•Oversight Systems
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Oversight Named Among The Top 10 Innovators In Grc OutlookOversight Systems•May 22, 2023•Oversight Systems
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Oversight Welcomes New Chief Product Officer as Company ExpandsOversight Systems•Apr 18, 2022•Oversight Systems, Genpact
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Oversight Hires Cloud Technology Veteran Chris Juneau as Chief Marketing OfficerBusiness Wire•May 05, 2021•Oversight Systems, SAP
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Oversight Partners with SAP Concur to Power its Concur Detect SolutionOversight Systems•Jan 25, 2021•Oversight Systems, Concur
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