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WebExpenses - About the company

WebExpenses is an acquired company based in Witney (United Kingdom), founded in 2000 by James Brewis. It operates as a Business Expense Software. WebExpenses has raised an undisclosed amount in funding from Tenzing. The company has 383 active competitors, including 68 funded and 68 that have exited. Its top competitors include companies like Ramp, Navan and Pleo.

Company Details

WebExpenses allows an employee to build and submit expense claims across any device with their system – desktop, laptop, tablet or mobile. He can even snap or email receipts, and submit his full claim straight to his approver. It has features like mileage verification, carbon tracking, receipt repository, pre-trip approval, petty cash management, line item rejection, single sign-on etc. It allows the finance team to control the expense policy across organization with inbuilt management, reporting and security features.
Social
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Email ID
*****@webexpenses.com
Registered Address
Austin,Texas
Key Metrics
Founded Year
2000
Location
Stage
Acquired
Latest Funding Round
Investors
Ranked
Employee Count
132 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by ELMO Software (Dec 17, 2020)

WebExpenses's acquisition details

WebExpenses got acquired by ELMO Software on Dec 17, 2020.
Click here to take a look at WebExpenses's acquisition in detail
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WebExpenses's funding and investors

WebExpenses has raised funding over 1 round. Its latest funding round was a PE round on Dec 04, 2023 for $*****. 1 investor participated in its latest round. WebExpenses has 2 institutional investors.

Here is the list of recent funding rounds of WebExpenses:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 04, 2023
1736635
PE
2160361
2861394
6909569
7470887
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WebExpenses' founders and board of directors

Founder? Claim Profile
The founders of WebExpenses is James Brewis.
Here are the details of WebExpenses' key team members:

WebExpenses' employee count trend

WebExpenses has 132 employees as of Sep 26. Here is WebExpenses's employee count trend over the years:
Employee count trend for WebExpenses
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WebExpenses's Competitors and alternates

Top competitors of WebExpenses include Ramp, Navan and Pleo. Here is the list of Top 10 competitors of WebExpenses, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ramp
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
Logo for Navan
Navan
2015, Palo Alto (United States), Public
Provider of a platform for business travel and expense management
$1.58B
80/100
3rd
Logo for Pleo
Pleo
2015, Copenhagen (Denmark), Series C
Provider of spend management platform with virtual and physical card options
$434M
80/100
4th
Logo for Brex
Brex
2017, San Francisco (United States), Acquired
Provider of financial software platform, cards, banking, expense, and accounting
$1.2B
80/100
5th
Logo for Spendesk
Spendesk
2016, Paris (France), Series C
Provider of software for managing corporate spending and invoice processing
$304M
77/100
6th
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Provider of software for managing corporate travel and expense reporting
$7.5M
76/100
7th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
8th
Logo for Marqeta
Marqeta
2010, Oakland (United States), Public
Provider of a platform for modern card issuing and payment solutions
$528M
75/100
9th
Logo for Expensify
Expensify
2008, San Francisco (United States), Public
Provider of expense management software, corporate cards, and travel booking
$27.8M
74/100
10th
Logo for Clara
Clara
2020, Sao Paulo (Brazil), Series B
Provider of corporate spend management software and business credit cards
$204M
71/100
34th
Logo for WebExpenses
WebExpenses
2000, Witney (United Kingdom), Acquired
Business Expense Software
-
58/100
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WebExpenses's Investments and acquisitions

WebExpenses has made no investments or acquisitions yet.

Reports related to WebExpenses

Here is the latest report on WebExpenses's sector:

News related to WebExpenses

•
Tenzing’s Investment in WebexpensesGlobal Legal Chronicle•Dec 08, 2023•Osborne Clarke, WebExpenses, Tenzing
•
Webexpenses acquired by ELMO Software LimitedPR Newswire•Dec 17, 2020•WebExpenses, ELMO Software
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FAQs about WebExpenses

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