When was Rydoo founded?

Rydoo was founded in 2013 and raised its 1st funding round 8 years after it was founded.

Where is Rydoo located?

Rydoo is headquartered in Mechelen, Belgium.

How many employees does Rydoo have?

As of Sep 30, 2026, the latest employee count at Rydoo is 263.

Is Rydoo a funded company?

Rydoo is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Sep 01, 2021.

When was the latest funding round of Rydoo?

Rydoo's latest funding was a $***** PE round on Jun 19, 2024, with participation from 1 investor.

What is the annual revenue of Rydoo?

Annual revenue of Rydoo is between €10M and €50M as on Dec 31, 2024

Where does Rydoo rank among its competitors?

Rydoo ranks 2nd amongst 18 active competitors, none of which are funded.

Who are the top competitors of Rydoo?

Rydoo's top competitors include Concur, MobileXpense and Cake. Among them, Rydoo secured the most recent funding round in June, 2024.

Rydoo - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

AI & SaaS-driven expense management platform for businesses. The platform provides users with travel and expense management for companies and enterprises. It offers real-time expenses, travel expense management, and more. Their features include expense approval in real-time, digitization of paper receipts, data insights, mileage tracking, and online travel booking.

Website: www.rydoo.com/
Social
Email ID: *****@rydoo.com
Phone Number: +32 **********

Key Metrics

Founded Year

2013

Location

Mechelen, Belgium

Stage

Late Stage

Latest Funding Round

PE, Jun 19, 2024, $*****

Investors

Marlin Equity Partners & 2 more

Ranked

2^nd among 18 active competitors

Annual Revenue

€10M - €50M as on Dec 31, 2024

Employee Count

263 as on Sep 30, 2026

Investment & Acquisitions

Semine

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View Rydoo's full profile

Rydoo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RYDOO CIN: 0835.424.277 , Belgium, Active	Apr 11, 2011	€10M - €50M (As on Dec 31, 2024)	55 (As on Dec 31, 2023)	-
Rydoo NV CIN: 0835.424.277 , Belgium, Active	Apr 11, 2011	€10M - €50M (As on Dec 31, 2024)	60 (As on Dec 31, 2022)	-

Rydoo has raised funding over 2 rounds. Its first funding round was on Sep 01, 2021. Its latest funding round was a PE round on Jun 19, 2024 for $*****. 1 investor participated in its latest round. Rydoo has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Rydoo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 19, 2024	1784713	PE	3993420	3905400	7641223	6254193
Sep 01, 2021	3367797	PE	4416728	3054184	Marlin Equity Partners	7556767

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View details of Rydoo's funding rounds and investors

The founders of Rydoo is Lorenz Bogaert. Sebastien Marchon is the CEO of Rydoo.

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

Lorenz Bogaert: Former Co-Founder of Rydoo and founder of 14 other companies, including Pitchdrive, Bizzy Copy Shop and Starapps.
Contact Info: 1 email address
Sebastien Marchon: CEO of Rydoo.
Contact Info: 1 email address

View details of Rydoo's Founder profiles and Board Members

Rydoo's employee count trend

Rydoo has 263 employees as of Sep 26. Here is Rydoo's employee count trend over the years:

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Top competitors of Rydoo include Concur, MobileXpense and Cake. Here is the list of Top 10 competitors of Rydoo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
2nd	Rydoo 2013, Mechelen (Belgium), Late Stage	AI & SaaS-driven expense management platform for businesses	-	Marlin Equity Partners, Eurazeo & 1 others	58/100
3rd	MobileXpense 2000, Brussels (Belgium), Acquired	Provider of expense management software automating expense report and compliance	-	-	53/100
4th	Cake 2019, Kapellen (Belgium), Acquired	Personal financial management solution	$5.24M	Truffle Capital, freshment.com & 3 others	46/100
5th	Xpenditure 2011, Mechelen (Belgium), Acquired	Expense Management Software	$8.7M	Ingenii Capital	42/100
6th	Zeno 2007, Auckland (New Zealand), Unfunded	AI-based corporate travel & expense management solutions	-	-	27/100
7th	Roov 2018, Sint Martens Latem (Belgium), Funding Raised	Personal finance management app	-	thinc.capital	27/100
8th	Spiker 2016, Vancouver (Canada), Unfunded	Cloud-based expense management solutions	-	-	24/100
9th	XpanS 2013, Paris (France), Unfunded	Business expenses management solution	-	-	24/100
10th	Horizonbudget 2019, Prague (Czech Republic), Unfunded	Cloud-based budget management platform	-	-	24/100